The council is hosting an event to introduce York businesses to the Knowledge Transfer Partnership scheme in partnership with University of York, York St John University and Innovate UK.
The knowledge transfer partnership (KTP) scheme is a three-way-partnership between a business, an academic team and a suitably qualified graduate that enables the business to bring in new skills and the latest academic thinking to deliver a specific, strategic innovation project.
The event will be held on Thursday, 24 March 2022 from 8:45 to 10:30 am at York St. John University. Interested participants can register here for free.
Innovation is key to sustained business growth and resilience through uncertain times. This can include development of new products and services, dynamic processes and even the evolution of business cultures to underpin improvements in competitiveness and productivity.
The event will showcase how KTPs can help businesses innovate and grow by offering access to academic expertise and a grant of approximately £70k per annum. Participants will gain information on applying for collaborative funding for their ideas and get an opportunity to meet with like-minded innovative York businesses.
The event will commence with an introductory address by Louise Saw, City of York Council’s Business Growth Manager.
It will be followed by a presentation on the York KTP Offer by University of York and York St. John University. Participants will learn how the KTP scheme works and hear about both university’s offerings to support the local business community. The event will also showcase KTP’s business transformation success stories in collaboration with University of York and York St. John University.
Ian Blakemore from Innovate UK will further discuss about the business benefits of a KTP. Participants will have the opportunity to network and engage with the panellists during a Q&A session before the event concludes.
Councillor Andrew Waller, Executive Member for Economy and Strategic Planning said: “This is an excellent opportunity for York businesses to improve their competitiveness and productivity through funded partnerships with academics and researchers.
“Our academic partners, University of York and York St John University, have a fantastic reputation for being high-quality educational and research hubs. The collaboration of these institutions with York businesses will not only benefit the individual parties involved but will also create new knowledge-based professional relationships that will support York’s overall economic development.
“I encourage all businesses to attend the session to find out how they can access academic expertise and embed new knowledge to drive business innovation and growth through a Knowledge Transfer Partnership.”
