Aston University held an event to raise awareness of the breadth and quality of Knowledge Transfer activities that the University is involved in.
Knowledge Transfer Partnerships (KTP) is a Technology Strategy Board Programme whose mission is to promote and support research into the development and exploitation of technology & innovation for the benefit of UK business, in order to increase economic growth and improve quality of life.
Aston University are currently working in partnership with companies on 16Knowledge Transfer Partnerships and have completed over 100 since their creation. Aston is currently in the top 10 most active UK universities in terms of total KTP project numbers and 1st in the UK on a KTP per 100 academics basis.
The event included a poster competition in which the key drivers and benefits of the projects were conveyed via a poster produced by the project team. 14 posters were entered into the competition representing a wide range of current and recently completed projects. The event was attended by over 100 academics, researchers and representatives from business and industry including Debbie Buckley-Golder who is Head of Knowledge Transfer with the Technology Strategy Board.
Winners were named in two categories – ‘established projects’ and ‘new projects’. Of the established projects a collaboration between Aston Business School and battery design, development and manufacturing company Accutronics was named the winner. The project is reviewing and improving operations within the company to gain competitiveness in current markets as well as to enter new markets. Associate Prabhjit Singh Chugh and the team are also looking to increase supply chain efficiency to improve the reliability of supply to customers and to reduce costs. Key achievements in the first year of the project have included the definition of operations performance targets for existing and new markets and the identification of over one hundred improvement actions in the business process.
Within the category of ‘new projects’ a project involving academics from Aston’s School of Life and Health Sciences and opticians BBR Optometry was successful. The project aims to develop a business model based on enhanced eye care provision and revenue streams within high street optometry practices and assess the suitability of a range of stand-alone clinical services. Expected benefits from the project include new profitable revenue streams for BBR, improved primary eye care for patients and new research in a unique area of optometry. Neelam Patel, the KTP Associate with BBR Optometry, expressed her pleasure at winning and views of the project, "It was great to win a prize within only 6 months of starting the project. My KTP gives me the best of both worlds, allowing me to practice as a qualified Optometrist and work on an exciting project to further grow the business. It has been a thoroughly rewarding and enjoyable experience so far."
Please email Chantal De-Silva if you are interested in finding out about the next KTP poster event, taking place on 20th March 2013.