Welcome to a series of blogs and vlogs designed to help you better understand Management Knowledge Transfer Partnerships (MKTPs).

Management KTPs are a funding opportunity aimed at helping UK businesses improve the way they work.

They are built on the highly successful Knowledge Transfer Partnership model – the UK’s longest running knowledge exchange programme which has helped more than 14,000 businesses innovate for growth.

Like KTPs, Management KTP’s link you in a collaborative partnership with specialist academics who have the know-how to help you transform the way your business operates. 

In the second of our V/blog series, Knowledge Transfer AdviserMark Lynch, provides a further introduction to How does Management KTPs Funding work?

  • Register here for our Management KTP Webinar, 10-11.30 on Tuesday 27 April

INTRODUCING MANAGEMENT KTPs – HOW DOES MANAGEMENT KTP FUNDING WORK?

Management KTPs are based on a dynamic 3-way partnership. Here, the host business identifies a strategic opportunity to do things better, transform the way the business operates; and change company culture. The business works closely with a university partner which possesses specialist expertise to make the change happen. An Associate is recruited to lead the project, transfer new knowledge and embed the new capability within the business. 

Motivated and delivery-focussed, Associate’s act as change agents. Recruited from academia with specialist knowledge, they are embedded within the business, working closely with employees and providing a fresh perspective. They’re supported by an academic team, with access to researchers, expert know-how and facilities at the partner university. Featuring structured, frequent communication, most projects last around 2yrs, with 3yrs being the maximum duration.

So how does funding Work?

The cost of a mKTP is split between the business and UK Government funding

Businesses of up to 500 people from every sector are eligible. SMEs of up to 250 people contribute 33%, whilst larger firms pay 50%. Government funding makes up the rest, offering great value for money. 

Management KTPs are transforming businesses up and down the country. They are accelerating growth and providing companies with a post-pandemic route to prosperity. At the same time, they are ensuring the academic community’s research remains relevant to the fast-evolving needs of business. Why not get in touch to find out how you can benefit?

This is one in a series of V/blogs about Management KTP

Mark Lynch: Introducing MKTP

Mark Lynch: How does Management KTPs Funding work

Jan Stringer: The benefits of Academic Collaboration

Jim Berryman:What are MKTPs for?

Fiona Nightingale: Why Now is the time to engage in Management KTP

Dr Lorna Howarth and Dr Gordon Jack: Interview Management KTP Associate Dr Gordon Jack, IPIG LTD

Prof David Bamford (Manchester Metropolitan University): Why Academics should engage in MKTP

 

If you think Management KTP could help your business:

  • Register here for our Management KTP Webinar, 10-11.30 on Tuesday 27 April
  • Find out more about MKTP on our webpage
  • Locate and contact your nearest Knowledge Transfer Adviser to discuss your idea

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Use Management KTP to:

  • Access deep knowledge to solve key strategic challenges
  • Apply fresh thinking to transform a wide range business activities 
  • Create business-wide change to increase productivity, adaptability and resilience
  • Introduce a culture of innovation for lasting, positive change.

Management Knowledge Transfer Partnerships are funded by the UK Government Department for Business Energy and Industrial Strategy through Innovate UK and delivered by KTN in partnership with Knowledge Bases.

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