Innovate UK are launching new short KTP as a pilot called ‘Accelerated Knowledge Transfer to Innovate’.
These are essentially short KTPs lasting 2-4 months. The first pilot round will open on 5th September and close on Friday 23rd September.
This is a fantastic way to introduce a business to working with the University for a short project and at a heavily discounted rate.
We expect there will be a high amount of interest in these short KTPs and therefore we will prioritise applications relating to the social sciences and net zero, as these are areas under-represented in KTPs. Priority will also be given to applications which are likely to result in a full-length KTP in the future, and applications from early career researchers.
Key criteria are listed below (full document attached);
- The maximum grant will be £35,000 per project
- The Business Partner must contribute an additional 10% (minimum) of the total project costs in cash
- There is no upper limit to the cash contribution of the business
- The grant will fund academic supervision providing specialist knowledge and expertise to the project
- The grant will also support an ‘AKT’ Associate, who will deliver day-to-day project activities. Academic supervision may be delivered virtually and should be appropriate to ensure successful project delivery. The minimum level of this supervision is 0.25 days per week.
- Due to the quick turnaround of these projects, the AKT Associate will need to be known to the University already,
- AKT Associate(s) should be named in the application and be available to start project delivery immediately upon receipt of a Grant Offer Letter. A PhD student in the academic research group would be the ideal type of candidate.
- Projects must end by 31 March 2023
- Be delivered within the UK
- AKTs must stimulate demand within the Business Partner to deliver further innovation(s) and accelerate delivery through partnership with the UK’s Knowledge Base (e.g a full KTP)
- The business partner can be a charity or not-for-profit, but it cannot be a government funded organisation.
This is a pilot round and we expect there to be another 2 rounds in October and November 2022.
To find out more look on the national KTP website. https://www.ktp-uk.org/
Or for the University of Plymouth email@example.com
Or for the University of Exeter
Sophie O’Callaghan, Enterprise and Innovation Programmes Manager (KTP)
Laura Buchanan, Enterprise and Innovation Programmes Manager (KTP)