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<p>Innovate UK (IUK) encourages and supports collaboration between businesses and
universities. IUK funds the Catapults to support business innovation and drive collaboration
in supply chains throughout the economy. Between 2013 and 2022, Catapults established
over 5,000 academic and 18,000 industry collaborations. IUK’s Knowledge Transfer Partnerships
(KTP) enables early career researchers to work with business on their research priorities
and supports 885 projects (as of FY22/23), partnering with 105 universities, colleges,
and research organisations. 78% of KTP projects are with SMEs. IUK’s Knowledge Transfer
Networks also bring together experts from industry, academia and finance to support
businesses to access cutting-edge research.</p>
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