You could get funding of around £80,000 from Innovate UK to improve your business by working with a research organisation and newly-qualified graduate.
This funding covers part of the cost of a graduate working in your company on a specific innovation project. Your research partner will supervise the graduate’s work.
Grant levels vary. If you are a small or medium-sized business you can get funding of up to 67% of the project costs. Larger businesses can get up to 50%. You will need to fund the remaining costs yourself.
You can apply for a KTP award if you are a:
- UK business of any size
- large company with a focus on supply chains
- charity or not-for-profit organisation
- higher or further education organisation
- private or public sector research and technology organisation
How to apply
If you would like to form a KTP you should contact a regional KTP advisor or university KTP office to discuss your project idea. KTP advisers will tell you if you are eligible and will work with potential partners to develop joint proposals. KTP is open to any business although some KTP competitions target businesses working in specific industry sectors.
Opening dates and deadlines vary. You must apply online.
If you are a graduate, recruitment takes place throughout the year. You can find current vacancies and apply online.
Read about how other businesses have benefited from KTP funding.
Find out more about Knowledge Transfer Partnerships
Find your local KTP office
Talk to a KTP adviser