Knowledge Transfer Partnerships

Knowledge Transfer Partnerships (KTP) is one of the government’s best kept secrets, yet for those in the know, the benefits are huge. You could receive funding to help develop and grow your business.

KTPs help companies address long-term, strategic business issues within their organisation by employing a recently qualified, skilled graduate to work on a project at a highly subsidised rate. Projects can vary from between one to three years. An average two year project costs around £125,000 with an SME only contributing 33% of the total costs; a larger organisation pays 50% of the costs.

Average benefits achieved by a KTP project include:

• An increase of over £220,000 in annual profits before tax
• The creation of three genuine new jobs
• An increase in the expertise of existing staff

Working with companies across the South East, the University of Kent has been involved with the programme for over 10 years and has a broad KTP project portfolio.