KTP is Europe’s leading programme helping businesses to improve their competitiveness and productivity through the better use of knowledge and technology. Through a KTP you can:
- Access highly qualified graduates or postgraduates to spearhead new strategic projects
- Access academic experts who can help drive your business forward
- Develop innovative solutions to help your business grow
- Deliver a strategic project resulting in a significant impact
The average benefits achieved by a single KTP include:
- An average increase of over £1m in annual profits before tax
- The creation of three genuine new jobs
- An increase in skills of existing staff, on average 31 additional staff trained
For a typical two-year KTP small and medium-sized enterprises contribute around £30,000 per year, about one-third of the project costs. Large businesses contribute around £45,000 per year, or half of the project costs.