Innovate UK has announced an extra £30 million of funding for Knowledge Transfer Partnerships (KTPs), which connect UK businesses with an academic or research organisation and qualified graduate to work on innovation projects.

It will allow significant expansion of the KTP programme. Currently, there are 630 graduates and post-doctoral researchers employed in KTPs. These include industrial research and development and entrepreneurial roles.

This funding comes from government’s National Productivity Investment Fund. It will help to build the pipeline of high-skilled research talent necessary for a growing innovation economy.

The investment was announced at Innovate 2017.

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