Businesses celebrate a year of outstanding achievement at the KTP Awards
11 Mar 2010
Businesses and higher education institutions from across the UK celebrated a year of outstanding achievement in innovation at the annual Knowledge Transfer Partnerships (KTP) Awards last night.
The awards recognise the most successful partnerships fostered through the Technology Strategy Board's KTP programme, which supports innovation-led, three-way partnerships between businesses, academic institutions and graduate associates.
Recognised for the quality of achievements gained from their KTP projects over the course of a year, awards were presented to a wide range of businesses from a variety of industry sectors including engineering, manufacturing, construction, medicine and IT.
A new award created this year was the Business Impact Award, which was given to the business that has benefited most from its KTP project 12 months following its completion. The winning partnership was between Queen's University Belfast and Canyon Europe Ltd, a manufacturer of trigger sprayers and dispensers. One year on from the completion of the KTP project the business saw its manufactured units per annum rise from 100million to 125million, with turnover boosted from £9.5m to £12m.
But the highlight of the night was the award for the UK Best Partnership, which went to James Leckey Design Ltd and the University of Ulster. They worked together to develop a range of accredited clinical training and education programmes for internal customer service staff, helping the business to become a centre of clinical excellence in the development of postural management equipment for children with special needs.
As winner of the UK Best Partnership James Leckey Design will also receive a cheque for £10,000 in recognition of their outstanding success.
The award winners were congratulated by Iain Gray, Chief Executive of the Technology Strategy Board and Tim Waterstone, Chancellor of Edinburgh Napier University and founder of Waterstone's Booksellers.
Commenting on the awards Tim Waterstone said:
"The successful partnerships that we have seen today represent a fantastic achievement during what has been a very challenging year for the business community. It is a pleasure to present these awards in recognition of projects that have demonstrated a real commitment to innovation."
Iain Gray, Chief Executive of the Technology Strategy Board, said:
"The KTP awards this year have been presented to a range of winners across a broad industry spectrum, showing that businesses are increasingly seeing the value of this kind of collaboration and the rewards it can bring. KTP provides the perfect platform for sparking creativity and stimulating growth by facilitating successful working relationships between businesses and higher education, helping to drive the UK's future economic prosperity."
The awards also recognised five KTP Associates who were given the accolade of Business Leader of Tomorrow, for exceptional leadership and project management skills demonstrated through their KTP projects.
KTP partnerships work by employing a high-calibre graduate in a business to help address a specific needs-based project, with an academic institution acting as a 'knowledge base' to support the project's development. Recent results show that through KTP UK businesses stand to benefit from over 6,500 company staff trained, some 1,120 new jobs created, and an overall increase in annual profit before tax of over £126 million.
If you would like to take advantage of the skills and funding available through KTP please visit www.ktponline.org.uk or call the KTP helpline on 0870 190 2829.
For furtehr information on the award categories and winners, including pictures from the night, click here
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Last updated on Tuesday 13 July 2010 at 14:45