Costs guidance for Knowledge Transfer Partnerships - Innovate UK


Business partner costs

The business partner must cover their share of the project costs, along with other costs such as for supervising the associate and supporting the delivery of the project.

The business partner will also be required to support additional costs incurred through hybrid working, such as home office equipment and software licences.

Virtual businesses must also cover the additional costs of running the KTP within the virtual business environment.

Additional costs for virtual businesses must be included on the application form in the ‘additional business costs estimates’ section, which includes:

  • meeting rooms
  • associate travel
  • office equipment
  • business software licences required for homeworking

Equipment for homeworking must satisfy the requirements of the knowledge base.

Last updated: 14 June 2024

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