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Knowledge Transfer Partnerships Ken Frame KTP Regional Adviser

Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

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Page 2: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

What is KTP?

Europe’s leading knowledge transfer programme helping

businesses to improve their competitiveness, productivity and

performance through the better use of knowledge, technology

and skills that reside within the UK knowledge base.

Page 3: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

KTP is about

knowledgetransferred, exchanged,

embedded & exploited

Page 4: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships
Page 5: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

KTP ... A strategic business project

KTP delivers the business plan ambitions for the business through

the partnership, achieved collaboratively

Page 6: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

KTP ... a partnership over several years

In reality, the project’s lifecycle will present challenges to be managed

and solved together.

The pre-submission co-creation phase is vital

to create the partnership and ensure mutual trust and agreed deliverables

Page 7: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

The KTP Framework

More competitive, wealth

creating business

Well developed

‘manager of future’

New Commercial

Experience/knowledge,

Research, Teaching,

Papers, Placements etc

Transfer &

‘embedding’

of knowledge

Co-creation

Vital Knowledge

transferred

Co-creating, collaborative

partnership

University/RTO

Has it got the missing knowledge?

Can it benefit from the project?

Business

Can it afford it?

Project supports business plan?

Can it exploit project?

Can it develop Associate?

Associate

What skills are needed?

Will they be stretched?

Business has strategic needs to address(solving problems, realising opportunities)

Fundamentally, there is vital

knowledge missing

Page 8: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

81 65 97432

Idea

concrete;

application

determined

Demonstrator

performs

Idea

developed

Prototype/

demo

developed

Product prepared

for (serial)

production

Product

Development

Design/Develop Develop/ProductionResearch

Product &

associated

processes

mature

KTP

Technology Readiness Level (TRL)

KTP: Technology Readiness Level

Page 9: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

KTP Funding Partners

Page 10: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

Impact:

• Financial;

• Embedded new capabilities.

Innovation:

• Companies to become a leader in the field, best in class;

• Develop the university’s commercial relevance.

Challenge:

• The practices of the company & the market(s) it operates within;

• The academic team to translate research into commercial capability;

• Associate’s accelerated career development with the potential to become a

‘Business Leader’ of the Future

What do we look for in a good KTP Project?

Page 11: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

Business Benefits

Benefits to partners - 5 year average 2011-2016

• Over the past 5 years each partnerships have benefitted from an average:

• £60k increase in pre-tax profit during the lifetime of the project

• £600k per annum increase in pre-tax profit for the 3 years following completion of the project

• £650k per annum increase in exports for the 3 years following completion of the project

• Invested £300k in plant and machinery

• Invested £160k in further research and development

• Created 2 new jobs

• Trained 20 staff

• 4 new research projects initiated

• 2 papers published in refereed journals

• 2 of other articles published

Page 12: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

Associate Benefits

Outcomes per £1M invested – 5 yr average 2011-16

Over the past 5 years for every £1m of funding invested partnerships have

returned on average:

• £700k increase in pre-tax profit during the lifetime of the project

• £8m per annum increase in pre-tax profit for the 3 years following completion

of the project

• £8m per annum increase in exports for the 3 years following completion of the

project

• Invested £3.7m in plant and machinery

• Invested £1.8m in further research and development

• Created 25 new jobs

• Trained 250 staff

Page 13: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

Case Studies

Page 14: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

Case Studies

KTP Aim: To develop unique sentiment-mining techniques, utilising cloud-based parallel/multi-core processing resources, to increase data-scaling across multiple data-centres, databases and processing engines.

RepKnight Limited: provide real-time cyber intelligence to keep people, companies and assets safe from internal and external threats.

Ulster University

• School of Computing & Mathematics

Page 15: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

KTP Aim: Use data analysis technology to give motor insurance underwriters a clearer driver risk profile.

Autoline Insurance Group: offer a broad range of

insurance, mortgage and financial products to

both personal and business clients across

Northern Ireland, as well as the broader UK

market.

Queen’s University Belfast:

• The School of Electronics, Electrical

Engineering & Computer Science

Case Studies

Autoline Insurance

Page 16: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

Projects from

12 to 36

months long

Partnership

between a UK

business & a

UK university

Acquire new

knowledge which is

firmly & sustainably

embedded in the

business

Apply any time;

high funding

approval rate

Achieve the

strategic

ambitions of the

company

Commercial career

acceleration &

potential to employ

the associate

afterwards

Funding,

structure &

ongoing

support

WIN-WIN-WIN

Benefits for all

partners

“The scheme is excellent value for money and is a great way to boost your ability to innovate” Stefan Cherry, Business Development Director, Cherry Pipes Ltd

Knowledge

exchange:

academics gain

commercial

experience

Co-creation, open

innovation and

high impact

collaboration

Page 17: Innovate UK – Emerging Technologies seminar: Knowledge Transfer Partnerships

Thank you

Questions and discussion?