The University of Wolverhampton is celebrating after
moving up a national league table for a graduate placement scheme
to help businesses boost profits.
Wolverhampton’s Knowledge Transfer Partnership (KTP) scheme,
which is already top in the Midlands, is now ranked third in the
Despite the current economic downturn, the KTP initiative has
seen an increase of over 40% in the number of programmes
established over the last year, supporting the future success of
KTPs allow companies to benefit from a highly-skilled graduate,
who will work on a project of strategic importance for between 12
and 36 months with the help of an academic mentor from the
Marc Fleetham, KTP Manager, said: “We are working with companies
from across the West Midlands on projects which will define the
future growth of the area.
“One construction company has recently taken on a KTP graduate,
despite difficult times in the industry, in order to plan to meet
the demand once the country starts to come out of recession.
“Businesses are benefitting not only from the skills of the
graduate they employ but also from the academic mentor from the
University and access to the University’s facilities.”
Benefitting from the scheme is Halesowen-based Entec
International, which handles global procurement and logistics for
Now on its second KTP, the company is working with graduate
David Witton on a new marketing strategy.
David, who joined in December and will be with Entec for two
years, said: “I’ve received a lot of support from Entec and the
University and the skills I learnt during my degree have definitely
“I have put together a strategic marketing plan and the company
is now looking to implement my recommendations. Although I had some
industry experience, this is helping me in terms of progression to
management. It’s a great opportunity and I would highly recommend
David graduated from the University of Wolverhampton’s Business
School and is continuing to study part-time with the institution
for a Chartered Institute of Marketing qualification.
The University of Wolverhampton is currently holding a series of
breakfast seminars to encourage more businesses to invest in their
future and expects KTP uptake to increase.
Knowledge Transfer Partnerships are designed to encourage
collaboration between universities and organisations and help
improve the profitability and competitiveness of UK companies.
On averages, participating businesses can expect to increase
annual profits by around £227,000 before tax.
The University of Wolverhampton currently manages 30 KTP
In May last year, the University was awarded an unprecedented
Each partnership receives financial support from the Knowledge
Transfer Partnerships programme. KTP aims to help businesses to
improve their competitiveness and productivity through the better
use of knowledge, technology and skills.
KTP is funded by the Technology Strategy Board, along with other
Government funding organisations.
Figures are calculated quarterly by the Technology Strategy
For more information please contact Emma Kilvert in the Press
Office on 01902 322003.
Date issued: Friday 13 February 2009
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