Published on: 20 December 2018
Knowledge Transfer Partnerships offer businesses an opportunity to explore new ideas and approaches by bringing in a graduate. It can help them turn academic insight into viable products and services, leading to growth and further development. And in this year’s Budget statement, it was announced that the programme will be expanded over the next five years with £25,000,000 in additional investment, creating places for more than 200 extra graduates and academics within the UK’s most innovative businesses.
Businesses can start a new collaboration with a university, college or research and technology organisation, working with a Knowledge Transfer Adviser to set this up or build on an existing relationship. Search for and contact a Knowledge Transfer Adviser.
- Relate to a specific project
- Clearly explain the nature and goals of the intended partnership
- Include details of the organisations that will take part
- Set out what the graduate will be expected to deliver
- Applications for Knowledge Transfer Partnerships are open throughout the year
- The deadline for applications is 6 February 2019. If an application misses a deadline it will automatically be entered into the next round
- Projects can last between one and three years
- Businesses and not-for-profit organisations of any size can apply
- The size of the grant and own contribution will vary. Typically:
- Small and medium-sized enterprises contribute around £35,000 per year or about one-third of the project costs
- Large businesses contribute about £55,000 per year or half of the project costs
Find out more about Knowledge Transfer Partnerships and how to apply.