KTP Background UK-wide programme UK-wide programme meet a core strategic need and identify innovative solutions meet a core strategic need and identify innovative solutions help UK business grow help UK business grow Direct results: Direct results: increased profitability increased profitability improved quality and operations improved quality and operations increased sales increased sales access to new markets access to new markets

Players Company partner Company partner Profit or non-profit Profit or non-profit Any size Any size UK UK Knowledge-base partner Knowledge-base partner University or other Higher education as College, research organisation (public or private) University or other Higher education as College, research organisation (public or private) KTP associate KTP associate Recently qualified Recently qualified Manages the project to transfer identified knowledge into the business via a strategic project Manages the project to transfer identified knowledge into the business via a strategic project

Outcomes 1000 Partnership running at all time 1000 Partnership running at all time For every £1m of government spend: For every £1m of government spend: £4.25m annual increase profit before tax £4.25m annual increase profit before tax £3.25m investments £3.25m investments 112 new jobs created 112 new jobs created 214 company staff trained (as direct result) 214 company staff trained (as direct result) Each associate produces (average): Each associate produces (average): 3.6 new research project 3.6 new research project 2 research papers 2 research papers 60% of Associates are offered a post in their host company 60% of Associates are offered a post in their host company 67% are Awarded with a higher degree 67% are Awarded with a higher degree

Aim and objectives Strengthen competitiveness Strengthen competitiveness Create wealth and economic performance of the UK Create wealth and economic performance of the UK Enhancement of knowledge and skills Enhancement of knowledge and skills Stimulation of innovation Stimulation of innovation Spread technical and business skills Spread technical and business skills

KTP Provide a managed risk environment Provide a managed risk environment Provide a challenging project to the KTP Associate Provide a challenging project to the KTP Associate Facilitate co-operation with the aim of achieving successful outcomes Facilitate co-operation with the aim of achieving successful outcomes Encourage an ongoing relationship beyond project completion Encourage an ongoing relationship beyond project completion