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University of Essex recognised for success of Knowledge Transfer Partnerships

Published: Sunday, 25 December 2016   Category: All Graduate Jobs News

The University of Essex has been recognised as the best in the South East and London for Knowledge Transfer Partnerships (KTPs) with businesses.

KTPs help companies innovate by connecting them with a number of academic resources and expertise, while a high-performing graduate is based full-time at the company.

The scheme has been running for more than 40 years and Innovate UK says that more companies and organisations are working with the University of Essex than any other institute in the region, including London.

Projects last for a maximum of three years and are part-funded by a grant from Innovate UK, Research Councils and a number of other bodies – sponsors fund 67% of project costs for an SME and 50% of the project costs for larger companies.

Graduates are given the chance to enter into the world of work where they are then known as ‘associates’, whilst also providing vital support to local companies and organisations.

Solution to a key problem

Projects usually focus on a problem in a key area of a company's business, such as product design or developing new management processes.

The University of Essex was recognised at a celebration event, held at Wivenhoe House on the university’s Colchester campus, where Dr Anasol Peña-Rios – a graduate from the university – was named Best KTP Associate for work at BT’s global research and development centre.

Additionally, London-based Signal Media, one of the businesses working with the university through the scheme, was honoured as KTP Partnership of the year.

Rob Walker, KTP manager at the University of Essex, said: “We are a business-facing, research intensive university with strategic aims to continue to develop long lasting collaborations with industry. 
These are mutually beneficial, and the structure and funding of a KTP offers a lower risk approach for businesses looking to innovate and scale up.”

For graduate scheme across a range of locations, visit Grad Plus today 

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