Services for business

Innovation funding

Innovation is the lifeblood of a business. When you develop new products, processes and services to ensure long-term success, it allows you to keep one step ahead of the competition. A business that fails to innovate is unlikely to be sustainable.

Our programmes provide funding to allow organisations of all sizes to work with us on research and development initiatives.

These projects are helping businesses across the UK to transform, resulting in growth and profitability.

Innovation funding
KTPs and Innovate UK funding

Knowledge Transfer Partnerships (KTPs)

Knowledge Transfer Partnerships (KTP) is a UK-wide programme enabling businesses to improve their competitiveness, productivity and performance.

A KTP is a three-way relationship between a business, a university and a Knowledge Transfer Associate (normally a postgraduate student). 

On average, businesses that take part in KTPs gain £283,000 pre-tax profit per year, while SMEs typically receive between £80,000 and £120,000 in funding from Innovate UK in order to do this.

Businesses of any type and any size come to us, from large multinationals to local micro-businesses. Likewise, the KTP can relate to any academic field, from archaeology to zoology.

View our KTP mini-site for more information

Collaborative R&D and Innovation Vouchers

In partnership with a university, businesses can get from £25,000 to £10 million from Innovate UK to fund a research and development programme.

Innovate UK - the government's innovation agency - runs collaborative R&D funding competitions to solve specific technical or societal challenges. Funding is available to businesses in the following areas:

  • science, engineering or technology sectors
  • agri-tech, biomedical, energy or industrial biotechnology industries

Alternatively, if you are looking for a relatively small amount of funding to work with the University to investigate the feasibillity of a new idea, the Innovation Voucher scheme may be able to help you get the support you need.

We recently held a seminar to present the detail about all of the latest innovation funding which is available to businesses. You can download the information from the seminar here.

email David Southall - Innovation vouchers

email Alex Titcomb / Stephen Fuller  - Innovate UK funding

Contact us

Tel: +44 (0)115 748 7077


View our KTP mini-site 

View the Innovate UK website 

The KTP enabled us to bring a product - conceived at the University of Nottingham - to market in just two years.

Without the structured KTP process the idea would probably have remained just that. The blend of University knowledge and innovation, with a commercial organisation and very importantly a graduate to drive the project, has brought into existence a piece of equipment with a real future.


Andrew Cooper
Director of Research, Cooper Technology Ltd.



Research and Innovation

Jubilee Conference Centre
Jubilee Campus
Triumph Road
Nottingham NG8 1DH

t: +44 (0) 115 748 4555