The Knowledge Transfer Partnership (KTP) scheme is a UK-wide graduate placement programme. It enables firms to recruit a high-calibre graduate to boost their business performance by setting them to work on a specific project for one to three years.
The first certificate of excellence from the Technology Strategy Board was awarded to LM Products Ltd based in Oldbury, who specialise in construction products and components for industry. The KTP involved the full integration of IT systems into the company as well as new product introduction and implementation.
David Lloyd, Managing Director of LM Products Ltd, said: “The integration of the IT system at LM Products resulted in improved internal procedures, better communications with customers, simplified and efficient work flow, new product development and implementation, commercial exploitation and better profitability.”
Chamois Eco Kitchens in Wolverhampton also received an ‘outstanding’ graded certificate. This two-year KTP project created and implemented a strategic business plan to enhance business growth for Chamois, which supplies high-quality kitchens to housing associations, private developers and local authorities.Chamois was so impressed with graduate Gareth Richards that it employed him as Strategic Marketing Manager at the placement end.
The University of Wolverhampton continues to be the top University in the West Midlands for Knowledge Transfer programmes. In the past few months over 10 new programmes have either started or are about to start.
Both partnerships received financial support from the Government-funded Knowledge Transfer Partnerships programme (KTP). KTP aims to help businesses to improve their competitiveness and productivity through the better use of knowledge, technology and skills that reside within the UK Knowledge Base.
For further information on Knowledge Transfer Partnerships call: 01902 824291 or email: firstname.lastname@example.org
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