Teaching Company Scheme
   HOME

TheInfoList



OR:

Knowledge Transfer Partnerships (KTP) is a partly
government A government is the system or group of people governing an organized community, generally a State (polity), state. In the case of its broad associative definition, government normally consists of legislature, executive (government), execu ...
-funded programme to encourage collaboration between businesses and universities in the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...
.


History

KTP was launched in 2003, replacing the Teaching Company Scheme (TCS), which had been formed in 1975. The programme is funded by some 17 public sector organisations, and led by
Innovate UK Innovate UK is the United Kingdom's innovation agency, which provides money and support to organisations to make new products and services. It is a non-departmental public body operating at arm's length from the Government as part of the UK Res ...
, an executive non-departmental public body reporting to the
Department for Science, Innovation and Technology The Department for Science, Innovation and Technology (DSIT) is a ministerial department of the government of the United Kingdom. It was established on 7 February 2023 by a cabinet reshuffle under the Rishi Sunak premiership. The departm ...
.


Structure

Each KTP involves three 'partners':KTP website
/ref> * a
company A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members ...
(this may be a private enterprise, public body or voluntary agency) * a
knowledge base In computer science, a knowledge base (KB) is a set of sentences, each sentence given in a knowledge representation language, with interfaces to tell new sentences and to ask questions about what is known, where either of these interfaces migh ...
(this may be a university or other
higher education Tertiary education (higher education, or post-secondary education) is the educational level following the completion of secondary education. The World Bank defines tertiary education as including universities, colleges, and vocational schools ...
institution, research organisation or
further education Further education (often abbreviated FE) in the United Kingdom and Ireland is additional education to that received at secondary school that is distinct from the higher education (HE) offered in universities and other academic institutions. It ...
college) * an associate (a recently qualified graduate) There are approximately 1,000 concurrent programmes at any one time. The KTP programme is managed by Innovate UK


Purpose

KTPs are tailored to the specific requirements of individual partnerships, each addressing specific needs. Through the placement of highly qualified graduates, businesses gain innovative solutions, new technologies and expertise over 12 to 36 months. Supported by academic partners, graduates help implement business solutions. KTPs have proven effective, generating over £2 billion for the UK economy from 2010-2020, and currently support around 800 businesses, 100 knowledge bases (this could be a university, college, research and technology organisation or Catapult) and over 850 graduates. As a part-government funded programme, a business entering into a KTP programme contributes between 25 and 50 per cent of the project cost, with the Innovate UK contributing the remainder. Average annual project costs are approximately £80,000. This package includes the associate's salary, as well as a travel budget,
personal development Personal development or self-improvement consists of activities that develops a person's capabilities and potential, enhance quality of life, and facilitate the realization of dreams and aspirations. Personal development may take place over the ...
budget, academic input and expertise, and administrative support.


Vacancies

Potential KTP associates (suitably qualified graduates or equivalent experience) can search and apply for vacancies on the KTP website. Associates benefit from generous travel and
personal development Personal development or self-improvement consists of activities that develops a person's capabilities and potential, enhance quality of life, and facilitate the realization of dreams and aspirations. Personal development may take place over the ...
budgets, as well as receiving additional training in business and project management.


References


External links


Website
{{Authority control Government agencies established in 2003 Higher education organisations based in the United Kingdom Knowledge transfer Organisations based in Swindon Research and development in the United Kingdom Science and technology in Wiltshire