KTP: Company Benefits

Benefit your business with a Knowledge Transfer Partnership and gain:

the full-time support of a skilled graduate based within your company
a tailor-made strategic business development project, with high levels of innovation, to meet your company needs
on-going tailored business support from an expert at the University of Wolverhampton
access to extensive University resources including facilities and skills

Areas previously supported include the manufacturing, aerospace and IT industries, environmental and public sectors.

Recent KTP programmes have shown:

an average annual increase in profits before tax of £290,000
the creation of 8 genuine new jobs
an increase in the skills of existing staff

Benefits listed from previous companies:

Increased sales & profitability
Expansion into new markets & increased market share
Improved productivity & performance

What will it cost?

Up to 60% of the cost of a KTP is met by government funding. Company contributions for a typical two year programme range from £17,300 - £26,000 + VAT per annum depending on company size/turnover. In certain cases the KTP may be eligible for Research and Development tax credits.

To find out more about how a Knowledge Transfer Partnership could benefit your business take a look at recent case studies where the Associates have made a real impact.