Businesses could get a 62 per cent sales boost through KTPs

The Nanotechnology Knowledge Transfer Network (NanoKTN) is encouraging UK businesses to get involved in Knowledge Transfer Partnerships (KTPs).

Led by the Technology Strategy Board, KTPs support businesses wanting to improve their competitiveness, productivity and performance by accessing the knowledge and expertise available within UK universities and colleges.

Business performance outputs vary depending on projects undertaken, but figures show that over half of companies engaged in a KTP had an increase in the overall value of the business, with 62 per cent reporting an increase in sales.

Alec Reader, director at the NanoKTN said, ‘The NanoKTN’s key objective is to encourage collaboration and knowledge transfer between key players in industry and academia to support the UK supply chain and to create the continued economic wealth for UK industry. We have found that the use of Knowledge Transfer Partnerships is an excellent way to deliver this.’

Further information on KTPs can be found here. Enquires should be directed to enquiries@nanoktn.com.