Your KTP Is coming to an end
At the closure of every KTP there are two Final Reports to complete. One is for the Partnership as a whole and the other is for the Associate. Both are required and will be read in detail.
The Technology Strategy Board (TSB) will email the Lead Academic and the KTP Office about five months in advance to highlight that the KTP is due to end soon and the Final Reports are required. Final Reports are now completed on-line. Guidance will be provided from the KTP Office regarding completion and submission. The Associate will be contacted separately about their Final Report.
The agenda for the penultimate and last LMCs will have an item on the Final Reports.
Both reports have the same deadline which is one calendar month after the Associate's contract ends.
Important note: failure to submit the report by the deadline date will result in the final claim not being paid to the University.
What happens to the reports?
They are read by independent assessors and graded based on four factors which are
- Company benefits both financial and non-financial
- University benefits in research and teaching
- Associate benefits and experience
- Continued collaboration between company and university
The grades are A to E, where A is "Outstanding" and E is "Poor ".
Any KTPs graded A or B are invited to enter the KTP Awards in the following year.
The is the last claim for the grant and company contribution. The deadline for the final claim is three calendar months after the Associate's contract ends so that all the expenditure can be finalised before the claim is made. Finance Office will prepare the final claim and it is important that all expenditure related to the Partnership is cleared in good time.