The programme involves short projects that develop products and services, and deliver a minimum return of £500,000 to the business. Participants are high calibre graduates also known as KTP Associates who work in the business, and expert academics as mentors, using university equipment or lab space to support the 18-36 month project.
In 2016, the Knowledge Transfer and Business Engagement Team was formed to help deliver BCU’s KTP targets. The group of five is based within the Research, Innovation and Enterprise Department, however, a manager is based within each Faculty to help build relationships and establish networks with academics and professional services teams.
The aim of the team is to develop opportunities that are in line with the faculty’s strategies that can be matched to the needs and requirements of businesses operating regionally and nationally.
Senior Knowledge Transfer and Business Engagement Manager Natalie Lewis said: “My team is responsible for growing BCU’s KTP portfolio, working locally, regionally and nationally. Within the last 12 months, it has been successful in tripling the number of KTPs to 17 signed or in the pipeline.
“BCU already counts GlaxoSmithKline, MegaNexus, Morgan Motor Company, Malthouse Engineering, Hockley Mint, and Spectrum Telecommunications amongst its portfolio of regional and national partners.
“We try to add value to the work we do within individual faculties by also looking to develop cross-disciplinary projects that draw together expertise and innovation from across BCU. This approach is in tune with BCU’s STEAM philosophy of bringing the Arts into traditional STEM thinking.”