Innovate on a business-academic project: apply for funding

Up to £40 million is available this financial year for businesses to take part in a Knowledge Transfer Partnership (KTP).The programme helps turn academic thinking into commercial products and services, bringing new knowledge and skills into businesses to boost growth and competitiveness.Academic thinking to commercial successKTPs offer funding and support to help UK businesses bring in new insight from academia to tackle a particular challenge they face.Businesses can begin a new partnership with a university, college or research and technology organisation, working with a Knowledge Transfer Advisor to set this up, or build on an existing relationship. Through this, they will recruit a suitable graduate to work on an innovation project.Projects can focus on any technology or industry area, and last between 1 and 3 years.