Eligibility & Cost
The government pays nearly two-thirds of the £62,500 annual budget for a KTP project.
This means companies pay an average of £20k annually and get £62k worth of services.
What you get for your £20k investment:
- A salary of up to £27k for an associate
- An annual travel budget for use by the Associate
- An annual budget for the Associate’s career development
- 1/2 day per week of academic input and expertise
- Full administrative support for the programme through the KTP office
To find out more contact us
Any company is eligible for grant funds. At LSBU, the main funding bodies of the KTP programme are the Department of Trade and Industry (DTI), the Department for the Environment, Food and Rural Affairs (DEFRA), the Economic and Social Research Council (ESRC) and the Arts and Humanities Research Council (AHRC). In total, the Centre for Knowledge Transfer is currently managing funds for this year’s contracted projects in excess of £6.2 million. These significant financial investments from both private and government sources establish LSBU as the largest KTP programme institutions in London, and one of the largest in the United Kingdom.
