KT For Businesses.
Knowledge Transfer is a partnership between your business and Birmingham City University that enables businesses to improve their competitiveness, productivity and performance.
This is achieved through the forming of a partnership between your business and BCU, enabling you to access skills and expertise to help your business develop. The knowledge sought is embedded into the business from the knowledge base through a project, or projects, undertaken by a recently qualified person (known as the Associate), recruited to specifically work on that project.
- Access qualified people to spearhead new projects
- Access experts who can help take your business forward
- Develop innovative solutions to help your business grow
- Develop your business for today’s market
- Increase your competitive advantage
- Improve your performance/business operations
- Increase profitability
Business performance outputs vary considerably from case to case, given the variety and type of projects. Latest information shows that, on average, the business benefits that can be expected from a single KTP project (typical duration 6-36 month) are:
- An increase of over £240,000 in annual profits before tax
- The creation of two genuine new jobs
- An increase in skills of existing staff
Which businesses can take part?
From manufacturing to design, sustainability to marketing; any business sector, including third sector and public sector can take part. Businesses of all sizes can take part too, from micro businesses to large enterprises. Ask our KT Adviser for more details.
What type of projects can we carry out?
KT works across a wide range of academic disciplines from over 140 knowledge bases. Expertise from the knowledge bases has already helped businesses to improve their performance.
- Improving existing products or developing new products
- Developing and implementing a marketing strategy to enter new markets
- Developing new systems and frameworks to improve efficiencies in staff and processes
How does the project develop?
When you, the BCU KT Office and, in some cases, the Adviser have worked together to prepare a proposal, BCU KT Office makes a formal application to the Technology Strategy Board for approval.
Once it has been approved, you and BCU will recruit an Associate to work on the project. Depending on the duration of the KT, your Associate will be a qualified person (either NVQ level 4 equivalent or above, such as a graduate or postgraduate). Typically, they are employed by BCU but work in your business to manage the project, apply their own knowledge and ensure that the expertise of BCU is embedded into your business.
Academics from BCU will remain closely involved throughout the project, working with people to contribute their own knowledge and experience. They will spend the equivalent of at least half a day each week with you and your KT Associate.
Key amongst these are that the Partnership should benefit all the participants and that the partners must be committed to the Partnership and take joint ownership of it.
To maintain full interest and involvement of all throughout the Partnership, and to ensure maximum benefits, the project should:
- Be of shorter-term enabling or longer-term strategic importance to the business
- Require expertise from the knowledge base partner
- Be a challenge for the Associate
Good project management is also important, in order to build on and develop a well planned Partnership. All the partners must meet regularly to review progress, and decisions on the Partnership and on the Associate’s project must be taken jointly, including the recruitment of an appropriate Associate.
Forming a Knowledge Transfer partnership.
Completing a Grant Application and Proposal Form.
Considerations of Proposal.
Issue of a Grant Offer Letter.
The average annual contribution to a project for an SME would be from around £20,000.
This contributes to the costs of the Knowledge Base Supervisor and Associate employment and development. Your contribution to the costs of the project not only gives you the services of your KT Associate, but also the time and expertise of the academics or researchers working with you, and, in the case of a long-term strategic KT, expert guidance from a KT Adviser.
We can arrange to visit you at your premises, at your earliest convenience, to discuss how a Knowledge Transfer project can really help your business move forward.
Contact: Natalie Lewis, Knowledge Transfer Manager, Birmingham City University
T: 0121 331 5677
M: 07974 570533