3. Why you’re here Government grant funding opportunities Expertise and resources to your company Subsidised expansion/development of your business
4. What are Knowledge Transfer Partnerships? Need additional expertise to improve profit Lends expertise and assists with implementing the goals of the company Created by company to improve profit Experienced graduate who works for the company to improve profit
5. Am I eligible? Small, Medium and Large Companies 2 Years Trading Charities and not-for-profit organisations Public Sector – educational institutions and health organisations Minimal organisation size of 5 employees
6. What Constitutes a Project? Having strategic importance to an organisation Creating significant advancement for the company A commercial edge A healthy return on funding A challenging project LSBU has complimentary expertise and knowledge
7. Typical Types of KTP projects Improving existing products Developing new products Introducing new technology Developing the company expertise base Streamlining a manufacturing process Implementing new systems and processes Improving logistics processes
8. Areas of Expertise Creative Media and Design Health, Social Care and Wellbeing Business, IT and Communication Energy and Environment Manufacturing, Engineering, Electronics and Materials Food Manufacture and Technology Building Services Engineering and Construction Human Sciences Applied Sciences
9. What do you get? Associate 2-3 years full time Recruited on the open market Qualifications and experience required by the company Industrial experience Works in your office Your specific project Employment costs up to £30k pa Specialist input From LSBU for 20-25 days pa Expertise and technical advice Works closely with Associate to implement goals Additional Budgets Training (£4k) Travel (£4.5k) Equipment (£3k) Management development Higher degree Short technical courses On Average £65,700 For £21,700
10. What About the Bureaucracy? Initial Agreement Programme management 4 monthly formal project meeting Financial Arrangements Managed by university Company invoiced
11. What’s your role? YOUR project idea. The Process after that: 3-6 months Process - Outline - 80% - Proposal – 90+% Additional programmes
12. Thank you for your time Centre for Knowledge Transfer Tel: 020 7815 6992Email: a.sirs-davies@lsbu.ac.ukWeb: www.ktp-lsbu.co.uk
Editor's Notes
Previous KTPs heavy on ESBE and BCIM Now focus to include (joint?) AHS and also HSC expertise Sometimes joint faculty expertise