Funding for Us All
There are government funding schemes to encourage graduate recruitment, post-graduate training, commercial and academic collaboration, and new research and development.
Here are a few sources of funding.
Knowledge Transfer Partnerships
KTP funds a graduate to work in a company under the supervision of an academic. Everybody benefits:
- The company gets a large part of the costs of a project covered by the government, it gets a high quality graduate and half a day per week of the academic's time. This all happens at the company's premises, not the university
The graduate gets an interesting and important project to work on, and is also provided with additional training by the government
The academic gains applied experience and a deeper insight into the industry that makes use of their research
Scottish Enterprise offers SMART awards to companies to help them develop new technology. You do not need a university partner to get a SMART award, but the awards are for new projects with a degree of technical risk, which is the type of research that universities have traditionally carried out.
We can help you apply for a SMART award and help you carry out the R&D when you get it.
Many of the funders of academic research such as EPSRC and SFC require industrial partners to be involved in new research from the start. Partners are often expected to contribute time and sometimes money to a project and in return gain access to the results of the research (license terms such as exclusivity vary from project to project).