Knowledge Transfer Partnerships - additional £30 million funding available for 2017/18
The Knowledge Transfer Partnership (KTP) scheme helps businesses in the UK to innovate and grow.
It is a three way partnership between a business, a university or college and a qualified graduate, enabling businesses to bring new skills and the latest academic thinking to deliver a specific, strategic innovation project.
Innovate UK recently announced an additional £30m to support an extra 200 KTPs this year, this is in addition to the standard funding of c300 projects per year. This is an excellent opportunity for Northern Ireland universities, companies and graduates to avail of the additional funding.
To find out more why not come to our breakfast briefing on 27 October at Crumlin Road Goal where you will hear first-hand about the funding available and the benefits of collaborating with the knowledge base. Register to attend our breakfast briefing.
KTP and Northern Ireland – the stats
In 2016-17 there were 33 KTP projects supported with Northern Ireland companies with government grants totalling c£3.5m, mainly in the emerging and enabling sector. These projects were jointly funded by Invest NI and Innovate UK.
Northern Ireland currently has the highest number of active KTPs in the UK with over 50 live partnerships.
Watch the video below to find out how graduates and businesses from Northern Ireland have benefitted from participating in the KTP programme.