What is a Classic 1 to 3 years KTP?

Businesses undertaking a KTP with Lord Ashcroft International Business School can access a government grant, academic consultancy and a highly-talented graduate. KTPs help organisations develop their business for today's market, increasing their competitive advantage and improving their business operations. Classic KTP projects last typically between 1 and 3 years, and can cover any aspect of a company's business.


Classic KTP Projects could include:

• The development of business and marketing strategies
• The improvement of business management processes

How much does a classic KTP cost?

Classic KTP projects are part-funded by a Government grant. A small to medium-sized enterprise (SME) would be expected to contribute about a third of the costs involved in the project. The average annual contribution to a project for an SME would be from around £20,000. Larger companies can expect to cover 50% of the total costs.


What are the benefits of classic KTP?

The business benefits that can be expected from a single classic KTP project are:

• The successful delivery of a strategic project
• The transfer of knowledge and improvement of the existing skill set
• On average, an increase of over £220,000 in annual profits before tax

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