Companies typically use Knowledge Transfer Partnerships to help them:

• Develop new products or improve existing ones.
• Increase efficiency through improved business processes.
• Enter new markets.
• Increase the company's skill base.

The Government assist KTPs by providing the framework and resources to support business to academic collaborations.

How it works
The partnership will develop a programme focused on meeting the needs or solving a problem through the use of technology.

Knowledge is transferred via a recent graduate, who will have mentoring from an academic expert, working within the business.

Financial support is available as a grant, which can cover up to 67% of the programme costs.

To qualify for KTP, a Programme must:

• have clear deliverables;
• be at least 18 months work;
• lead to an increase in profits.

Both large and small businesses are eligible. Currently around 80% of KTP’s are operating Programmes involving Small to Medium-sized Enterprises (SME’s).

Further information is available on the KTP and North of Scotland KTP websites