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Discover How KTPs Can Benefit Your Business

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Written by: Katie

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Join Chester University's Online Session on 18th March

Are you a business seeking to drive innovation, enhance competitiveness, and foster growth? Look no further than The University of Chester’s Knowledge Transfer Partnership (KTP) Programme. This dynamic grant-funded initiative, supported through Innovate UK Business Connect, can revolutionise the way businesses access expertise, generate new knowledge, stimulate growth, and propel themselves into the future.

What is a Knowledge Transfer Partnership (KTP)?

A KTP is a strategic collaboration between a forward-thinking business, a high-calibre individual known as a KTP Associate, and a university. Together, they tackle specific business challenges, driving innovation and creating tangible results.

So why Choose a KTP?

  1. Expertise & Innovation: KTPs empower businesses to embed expertise, expand capabilities, and improve innovation within their organisation.
  2. Access to Resources: Gain access to the UK’s esteemed knowledge base and resources, fostering accelerated innovation and competitive advantage.
  3. Drive Business Growth and Profitability: From new product development to entry into new markets, KTPs provide avenues for increasing revenue and optimising processes.
  4. Strategic Guidance: Benefit from the strategic input of highly experienced Knowledge Transfer Advisors.

How Can Businesses Benefit?

The KTP programme offers a cost-effective way of introducing new skills into the workplace, whether this is to address challenges or drive growth. They can support a range of projects, including:

  • Developing new products or processes
  • Introduction of new technologies
  • Optimising business processes
  • Entry into new markets

There are different funding opportunities available, dependent on the business’s size, ranging from 50% – 75% of project costs. 

Interested in learning more about KTPs and how they can benefit your business? Contact Maud Duthie <m.duthie@chester.ac.uk>  or join Chester University’s online session on 18th March to explore the opportunities available. Booking link available through the Let’s Talk Business Events listing page.

Unlock your business’s full potential!

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