Innovate UK’s Knowledge Transfer Partnerships (KTP) programme is celebrating 50 years of fostering innovation, linking businesses with academic expertise to drive economic growth.
Since its launch in 1975, KTP has facilitated more than 14,000 collaborative projects, contributing billions to the UK economy. The initiative, which connects businesses with universities and talented graduates, has played a crucial role in improving productivity and advancing key sectors, from manufacturing to artificial intelligence.
Government figures indicate that between 2010 and 2020, Innovate UK invested £200m in 2,000 KTP projects, generating an estimated £2.3bn in economic benefits. The model, which integrates academic knowledge with business challenges, is seen as a key driver of innovation across industries, particularly among small and medium-sized enterprises (SMEs), which account for approximately 11,000 of the total projects.
Driving Business Growth
The programme has had a direct impact on well-known UK businesses. Baxters Food Group improved its food waste and wastewater management systems through KTP, while Yeo Valley enhanced the efficiency of its yoghurt production and environmental sustainability.
Siemens, a global leader in technology, collaborated with KTP to develop software prototypes for managing electric vehicle charging processes. Dr Tim Hughes, Siemens’ Global Product Lifecycle Manager, described the experience as “hugely positive,” adding that the collaboration provided new insights into product development.
Other beneficiaries include The Finishing Line, a supply chain specialist that maximised efficiency in its fulfilment centres, and James Leckey Design, which integrated sensory technology into mobility aids for children.
A National Reach
KTP’s influence extends well beyond London and the South East. Figures show that 75% of its business partners and 68% of its academic collaborators are based outside the capital, helping to spread innovation across the UK’s regions. The initiative also plays a significant role in levelling the playing field for businesses operating outside major economic hubs.
Initially launched as the Teaching Company Scheme, KTP has evolved to support a wide range of sectors, with around 80% of projects focused on STEM disciplines. In recent years, the programme has expanded into emerging fields such as quantum technology, AI, and the creative industries, ensuring its continued relevance in a rapidly changing economy.
Ministerial Recognition
Lord Vallance, Minister of State for Science, Research and Innovation, praised KTP’s long-standing contribution to UK business and academia.
“Knowledge Transfer Partnerships have helped British businesses innovate, grow, and compete on the global stage,” he said. “With billions added to the UK economy, these collaborations demonstrate the lasting benefits of public investment.”
Dr Stella Peace, Interim Executive Chair of Innovate UK, emphasised KTP’s broader societal impact.
“For 50 years, KTP has advanced healthcare, sustainability, and public services while creating new opportunities for businesses and graduates. We are proud to celebrate this milestone.”
Looking Ahead
The programme’s achievements will be celebrated at the KTP Awards Ceremony in October. As the UK economy faces increasing global competition, KTP is expected to remain at the forefront of innovation, helping businesses turn cutting-edge research into practical, commercially viable solutions.