News article

Funding for business-academic collaboration

1 April 2019

Businesses can apply for a share of £40 million to participate in a Knowledge Transfer Partnership (KTP)

KTPs offer funding and support to turn academic insight into successful products and services, promoting growth and future development. The programme was expanded in the 2018 Budget, with £25 million invested to create more than 200 spaces for additional graduates and academics to work together over the next 5 years.

UK businesses looking to work on innovative projects with graduates or research entities can receive funding and support through KTPs. They can build on existing relationships with an academic partner or begin a new collaboration with a university, college or research and technology organisation.

Projects can focus on any technology or industry area, and last between one to three years. Applicants must:

  • focus on a specific project
  • set out the nature and goals of the project
  • give details of who will take part
  • establish what the graduate is expected to deliver

Applications for KTPs are open throughout the year. The deadline for applications for this round is 29 May 2019.

If an application misses a deadline, it will automatically be entered into the next round.

Businesses and not-for-profit organisations of any size can apply.

Find out more about Knowledge Transfer Partnerships and how to apply.