Aim of the Management Board
The KTP Management Board provides the overall governance and strategic direction for Knowledge Transfer Partnerships.
Its objectives are to:
- Agree the mission and objectives of Knowledge Transfer Partnerships
- Set a 3 year strategy for the management, funding and direction of Knowledge Transfer Partnerships coincident with the period of the Government’s spending reviews
- Agree which of the various organisations providing funds to support KTP Projects (“Sponsors”) will act as lead Sponsor, (through whom the day-to-day management of Knowledge Transfer Partnerships will take place)
- Agree the general operational policy for Knowledge Transfer Partnerships and the specific policy objectives set out in the rolling three-year Strategic Plan taking into account the environment in which Knowledge Transfer Partnerships operate
- Agree the overarching criteria for support against which Knowledge Transfer Partnerships will be assessed. In addition, each Sponsor will provide more specific criteria which reflect their particular field of interest and which will be used to assess the suitability of Partnership proposals to which their funds may be allocated
- After consultation with sponsors, agree the annual operational plan which the KTP contractor, contracted by the lead Sponsor to manage and deliver Knowledge Transfer Partnerships on a day-to-day basis, will deliver against
- Receive and agree on an annual report prepared by the lead sponsor and the contractor
- Agree the budget that each Sponsor can provide, covering a period of three years on a rolling basis and be responsible for the proper use of sponsors' funds in respect of their stated priority topics
- Commission and set the terms of reference for an independent review of Knowledge Transfer Partnerships, normally every five years. This review will make recommendations to the Board concerning any issues identified for investigation by the Board, but normally concerned with the operational effectiveness and value for money of KTP
Click here to view the Terms of Reference (ToR) for the KTP Management board, (opens in a new page as a MS Word file).