Achievements and Outcomes - Knowledge Transfer Partnerships

Knowledge Transfer Partnerships
For a potential KTP to be approved, it must offer the
potential to benefit all three partners within the partnership.
For the business partner, these benefits typically include
profits generated within the lifetime of the project but, more
significantly, an annual increase in profits beyond the
lifetime of the project – proving that as the new skills are
embedded and capability improves that they will be used
to optimum effect.
Outcomes and benefits for businesses
How has KTP helped
businesses grow?
In 2011-12, for every £1m of
Government money invested in KTPs:
39 new jobs were created
279 company staff were trained
£1.53m was invested on average by
companies in plant and machinery
£1.2m was invested on average by
companies in R&D
businesses predicted a post-project
increase in annual pre-tax profit of
£4.79m.
Figure 2: Impact of participation in Knowledge Transfer Partnerships
on the business partner per project.
Figure 2 provides a useful statistical
overview of the impact of KTPs on the
business partner over the project lifetime
and beyond. The figures show an
interesting picture for 2011-12 compared
to previous years, with the average figure
for a one-off increase in profit before tax
almost halving compared to the previous
year, whilst the anticipated annual profit
figure increased by around 50%. This
could possibly reflect the nature of the
current economic conditions, with limited
profits appearing in the lifetime of a KTP,
but buoyant expectations of what will be
delivered over time, as optimism for
economic recovery continues. Plant and
machinery investment remain reasonably
consistent, with the potential opportunities
for further collaboration seeing an increase
of 4%, which continues to look very
promising at 78%.
2008-09 2009-10 2010-11 2011-12
One-off increase in profit before tax £81k £55k £70k £37k
Anticipated increase in annual profit before tax £270k £284k £240k £366k
after project completion
Investment in plant and machinery £166k £115k £106k £117k
Plans for further collaboration 75% 75% 74% 78%
In addition to the numbers shown in
figure 2, a KTP project typically results in:
three new staff being employed
21 staff being trained
over £92k being invested in research
and development activity.
All of which are good indicators that
businesses are investing in their futures.
08 | Technology Strategy Board