1. Clare Mackinnon Knowledge Transfer Partnership Manager

2. What are Knowledge Transfer Partnerships (KTPs)?  Structured, part-funded, programmes addressing strategic requirements at an innovative and challenging level  Partnership between a company and a university  New skills and ideas into business through a graduate  Access specialised knowledge and technology  Improve company profitability  Up-skill existing workforce

4. How do KTPs operate?  26 week to three year programme  Full-time ‘Associate’ (graduate) based in company  Two days per month expert academic support  Budgets for training, equipment and travel

5. How do KTPs operate?  Administration/financial support  Access to University equipment and resources  Government grant to subsidise cost to company  60% subsidy for first time SMEs  40% for non-SMEs

6. What are the benefits of a KTP?  Access to unbiased academic experts: a graduate calibre project manager to deliver chosen business objectives  Tackle problems due to lack of expertise, time, finances and facilities  Cascading of knowledge and technology  Subsidy of graduate employee/low risk trial  Protects jobs/creates employment  Fresh view/improve company culture  Improve bottom-line through greater sales or margins  Competitive advantage/strategic improvements

7. Eligible companies  Trading for two years  Positive balance sheet or exceptional investment  Generally, more than 10 employees  Overseas owned companies registered in the UK which conform to group criteria above

8. Application process

9. Costs Associate employment cost£54,000 Academic and secretarial support£21,000 Associate development£ 4,000 Equipment£ 3,000 Travel£ 4,500 TOTAL£86,500 SME charge for 2 year scheme £34,600 Non-SME charge for 2 year scheme £51,900

10. Recruitment process

11.  Aimed at West Midlands SMEs to improve efficiency, boost profits and achieve sustainable growth  Recruitment of a graduate into your company to spearhead a growth project  Supported by a University academic and employment liaison officer  Lasting between 6 and 20 months  Shorter application with a faster turnaround time

12. KTP Office Business Solutions University of Wolverhampton Science Park Clare Mackinnon Email: c.mackinnon@wlv.ac.uk Tel: 01902 321654