How does a KTP work?

KTP works by forming a partnership between your company and one of the 12 academic institutes in the West Midlands, enabling access to the skills and expertise available. A graduate is recruited who will work at your company on a project central to its development, supported by an academic mentor.

How long does it last?

KTPs can vary in length. Historically there were two KTP programmes, Shorter KTPs, which could be 10 - 40 weeks and Classic KTPs which could run from 1 to 3 years. However, due to recent funding changes, these two KTP programmes will be integrated into one KTP scheme and it is expected that the minimum duration of a KTP will be 24 weeks up to 3 years. This change is expected to take effect from January 2012.

What are the eligibility criteria?

All companies within the West Midlands are eligible for a KTP..

The Technology Strategy Board wishes to focus its funding primarily on supporting SMEs and third sector organisations across the region (and UK), and particularly those which show high growth potential. Participation in KTP by large companies (and organisations) will be conditional upon them demonstrating how they propose to draw in and facilitate the involvement of supply chain companies and SMEs.

What will it cost me?

A KTP is part-funded by the European Regional Development Fund and the Technology Strategy Board.

  • The cost for West Midlands SMEs (less than 250 employees) will be £380 + VAT a week which equals a 40% company contribution, with a grant contribution of 60% of £570 per week.
  • For larger companies, the cost are 60% company contribution equalling £570 per week and 40% grant contribution of £380 per week

What kinds of KTP Projects are available?

The TSBs priority is to fund projects which demonstrate the potential for a high level of innovation, economic and/or social impact, as well as being challenging for all KTP participants in the areas listed below.

Priorty will be given to technology-based KTPs involving the transfer of knowledge, technology and expertise within these areas.  This includes projects with businesses and third sector organisations working within these areas as well as projects which address issues which come under the following headings but involve businesses in other market sectors:
The TSB has also announced that 75% of the KTP portfolio should be technology based projects within the priority areas (see below) The other 25% should address underpinning or enabling capabilities - including projects addressing strategic challenges associated with marketing, business systems and processes)

  • Advanced materials
  • Nanotechnology
  • Biosciences
  • Electronics, Photonics and electrical systems
  • Information and communication technologies
  • High Value Manufacturing
  • Digital Technologies
  • Emerging technologies
  • Energy generation and supply
  • Environmental sustainability
  • Creative industries
  • High Value services
  • Medicines and healthcare
  • Transport
  • Space

How should I apply for a KTP ?

The best thing to do is to go to our contact page and get in touch.  This way we can understand your needs and advise on the best approach.  If you want to look at some up to date case studies, a range of these can be viewed at www.ktponline.org.uk showcasing the outcomes achieved by recent projects.