UK registered academic institutions, RTOs or Catapults can apply for a share of up to £8 million to fund innovation projects with businesses or not-for-profits.
Innovate UK funding will cover up to 67% of the costs depending on business size given that typically, a project’s total costs are no more than £75,000 per year.
The Knowledge Transfer Partnership (KTP) programme allows a UK registered business or not-for-profit organisation (which we will refer to collectively as the ‘business partner’ from now on) to partner with a knowledge base partner’ (either a UK higher education (HE) or further education (FE) institution, research and technology organisation (RTO) or Catapult).
The KTP partnership brings new skills and the latest academic thinking into the business partner to deliver a specific, strategic innovation project. The knowledge base partner recruits the ‘associate’ to work on the project. The associate has the opportunity to lead a strategic development within the business developing new skills and gaining valuable experience.
Guidance on how to apply for a KTP is provided here.(Knowledge Transfer Partnership guidance – UKRI) Multiple rounds will be available in 2022-23 – a full list of dates to March 2023 is available here.(Knowledge Transfer Partnership guidance – UKRI)
Each application must be led by a knowledge base, working with a business partner and supported by a knowledge transfer adviser. If you are a business and do not yet have a relationship with a knowledge base partner, the knowledge transfer adviser can help you to identify one.
Opens: 14/02/2022 Closes: 06/04/2022
Source: Knowledge Transfer Partnerships (KTP): 2022 to 2023, round 1 – KTN (ktn-uk.org)
