Government announces increased funding for Knowledge Transfer Partnerships

When Philip Hammond set out the Governments spending plans this week he gave a timely boost to the KTP scheme. The Government plans to spend an extra £25million on KTP projects creating an additional 200 partnerships to boost UK productivity. The budget announcement comes almost exactly one year since then Science Minister Jo Johnson announced an additional £30million for KTP in 2017.

KTP is a UK-wide part-funded Government scheme helping businesses to innovate and grow. You can find out more about KTP at Nottingham here.