What is a Knowledge Transfer Partnership?
- Three-way partnership between a Research Organisation, a Business, and an Associate (suitably qualified graduate);
- The associate is based within the business for 12 - 36 months to develop and implement the project;
- Projects are part funded by Innovate UK and Welsh Government;
- Businesses contribute the remaining amount in cash;
- Businesses contribute between 33% (SMEs) and 50% (Large businesses) AND affordability must be proven;
- Associate needs to be a suitably qualified graduate with the ability to lead a strategic business project;
- Applications are accepted at intervals throughout the year, and are assessed on: Impact, Innovation, Challenge, Cohesiveness;
- There are a handful of competitions each year when applications can be submitted.