Knowledge Transfer Partnerships - additional £30 million funding available for 2017/18

Posted by crm28 at Nov 09, 2017 11:40 AM |
The Knowledge Transfer Partnership scheme funds collaborative research and development projects which apply cutting edge university research to solve complex industrial challenges and develop new products, processes or services.

What is a KTP?
Are you an academic looking to apply your research to everyday situations? Through the Knowledge Transfer Partnership (KTP) scheme, you can share your expertise and make a real huge difference to people’s lives and livelihoods.
Each KTP is a three-way partnership between a business, a university and a graduate, enabling businesses to bring new skills and the latest academic thinking to deliver a specific, strategic innovation project which lasts between 1 and 3 years.

Funding Boost
Innovate UK recently announced an additional £30m to support an extra 200 KTPs this year (2017/18) in alignment with the Government’s Industrial Strategy. This is in addition to the standard funding of 300 new projects per year and represents a substantial uplift to the KTP programme. This is a fantastic opportunity for universities, company partners and graduates to take advantage of the additional funding.

KTP and the University of Leicester
The University of Leicester currently has a portfolio of 10 KTP projects which are funded by a variety of funding bodies including Innovate UK (who also manage the KTP programme), Engineering & Physical Sciences Research Council, Science & Technology Facilities Council & Scottish Funding Council.

All ten of our University’s KTP projects sit within the College of Science and Engineering (one in Engineering, one in Chemistry, four in Mathematics and four in Informatics) with 80% of the projects having a specific focus on data science.

Although Science and Engineering disciplines may appear to align more obviously with Innovate UK’s 5 key sectors (‘Emerging and Enabling Technologies’, ‘Health and Life Sciences’, ‘Infrastructure Systems’, ‘Manufacturing and Materials’ & ‘Open’) these sectors are intentionally broad-ranging and grant application proposals from all disciplines are actively encouraged. Innovate UK recognises that “outstanding, innovative ideas and opportunities can come from anywhere. That is why there are two open competitions a year that have absolutely no restrictions on sector or technology”.

There is therefore no better time for academics, from all disciplines, departments and colleges, to apply for KTP funding!

Interested in taking part in a KTP?
If you would like to find out more about the KTP programme, you can visit our KTP page or contact the University’s expert on KTP funding, Mr. Benoit Welch (T: 0116 252 5864 or E: bpw6@le.ac.uk).

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