Taking part in a Knowledge Transfer Partnership (KTP) can help your business innovate, grow and become more productive.
A KTP helps you access the specialist knowledge and expertise that you don’t have currently. This expertise can help your business perform better and become more competitive and productive.
A KTP is part-funded by a grant. The amount you’ll need to contribute is different for small to medium-sized enterprises (SMEs) and larger companies and depends on the scale and length of the project.
If you're a small to medium-sized business, you'll need to contribute a third of the costs. The average annual contribution to a project for an SME is around £35,000.
If you're a larger business, you'll need to contribute half the cost. The average annual contribution to a project for a larger company is around £45,000.
Benefits for businesses
KTPs can help you:
- access qualified experts that can help you initiate innovative projects and grow your business
- bring new skills and technology into your company and embedded into the business
- improve your performance and competitiveness in the marketplace
- increase your profitability - businesses achieve an average increase in annual profit of more than £1 million after taking part
Contact Rachel Corcoran, KTP Manager, at email@example.com or on 020 3108 7005 (internal: 57005), to find out more.
We’ll check the feasibility of your idea and tell you if it's suitable. We can also help you find the right academic or researcher to work on your project.
Are you a UCL staff member or graduate?
Find out more about joining a KTP in the support for staff and students section.