A KTP costs a Small-Medium Enterprise (SME) on average £27k per year and a Large Enterprise (LE) on average £40k per year. The whole project costs can be included in the University REF return which means that on average a two-year project would count as £160k research income.
"Anna’s application analytical and research skills are second to none and have made a huge difference to our business. Knowing we have the infrastructure of the University behind the scenes to support our investigations again is crucial for our development and also very comforting. Knowing and applying the science behind what we do in dairy manufacturing gives us and our staff a massive advantage in ensuring our products are of the highest quality and standards possible. Along this journey, we have met many people who support our business from the University in many different departments. Their support has been superb and now these people are considered friends rather than just work associates. I would wholeheartedly recommend the KTP project and engagement with the University for any business irrespective of size."