Knowledge Transfer Partnerships - Queensland

Description

Builds collaboration between universities and small business by bringing on a university graduate to work on an innovative projet.

The Knowledge Transfer Partnerships (KTP) program forms part of the Advance Queensland initiative, helping to create partnerships to exchange skills and ideas to inspire innovation.

The KTP program enables businesses to form partnerships with universities and apply for grant funding to bring a graduate into their business to work on an innovative project.

Helps businesses with two thirds of the cost of hiring a graduate to work on an innovative project.

Funding of up to $50,000 per project.

Subsidises two-thirds of the eligible project costs with the business contributing one-third.

Service type

Support Service

A service offered by government to aid in running a business.

Eligibility Requirements

To be eligible, you must:

  • have less than 200 full-time equivalent employees (FTEs)
  • have an Australian Business Number (ABN)
  • have a strategic innovation project requiring collaboration with a university that you are prepared to manage
  • be registered for Goods and Services Tax (GST) before the project commences
  • be able to contribute one-third of the eligible project costs.

Additional Information

Legislation

For legislation and regulation information, visit https://www.legislation.qld.gov.au(Opens in new window)

Administering agency

Department of Science, Information Technology and Innovation

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Advance Queensland Implementation Unit

Phone: 13 QGOV (13 74 68)
Email: advancequeensland@dsiti.qld.gov.au