This year marks a significant milestone in the landscape of UK innovation: the 50th anniversary of Knowledge Transfer Partnerships (KTPs).

For half a century, this groundbreaking programme, funded by Innovate UK, has been bridging the gap between academia and industry, fostering a dynamic exchange of knowledge and expertise that fuels business growth and drives economic prosperity.

Here in Wales, and particularly at Cardiff Metropolitan University, we’ve witnessed firsthand the transformative power of KTPs.

The concept is elegantly simple yet profoundly impactful. A KTP connects a business with a bright graduate (the Associate) and academic expertise from a university. Together, they tackle a specific, strategically important project for the company, embedding new knowledge and capabilities within the organisation.

It’s a win-win-win scenario. Businesses gain a competitive edge, graduates launch or develop their careers with invaluable real-world experience, and universities see their research translated into tangible impact.

Over 50 years, 14,000 KTP projects have generated £5.50 for every £1 invested, contributing billions to the UK economy.

Cardiff Metropolitan University has a rich history of successful KTPs, spanning a diverse range of sectors vital to the Welsh economy. From cutting-edge manufacturing and advanced technologies to innovative service delivery and creative industries, our KTPs have helped businesses of all sizes – from ambitious SMEs to established corporations – to achieve significant growth.

We’ve seen KTPs drive product development, optimise processes, improve efficiency, and even open up entirely new markets. Our website gives more information and short case study videos, showcasing projects with Seven Oaks Modular, Window Cleaning Warehouse, Yard, P&A Group and more… Research Working With Business Case Studies

What makes KTPs so effective? Firstly, they provide businesses with access to specialist expertise and cutting-edge research that they might not otherwise have. Secondly, the structured framework of the KTP ensures that the project is clearly defined, effectively managed, and delivers measurable results. And thirdly, the involvement of a talented graduate brings fresh perspectives and a dedicated resource to the project, often leading to long-term employment opportunities.

Beyond the immediate benefits to individual businesses, KTPs contribute significantly to the wider Welsh economy. They foster a culture of innovation, enhance productivity, and create high-skilled jobs. By strengthening the links between academia and industry, KTPs help to build a more resilient and competitive economy for the future.

As we celebrate 50 years of KTPs, it’s an opportune moment to reflect on the remarkable achievements of the programme and to look forward to the next 50 years. At Cardiff Metropolitan University, we remain committed to championing KTPs and working with businesses across Wales and beyond to unlock their full potential. We believe that KTPs are not just a programme; they are a partnership for growth, a catalyst for innovation, and a testament to the power of collaboration.

We encourage businesses to explore the possibilities of KTPs and discover how they can drive their own growth and contribute to the continued success of the Welsh economy. Contact us at Cardiff Metropolitan University to learn more about how a KTP could benefit your organisation. Here’s to the next 50 years of innovation, powered by KTPs.