SME Business Brochure

Page 1

Business Engagement Opportunities

Business support from Coventry University

with Coventry University

Project

Type

Project cost

Project term

Funding available

Application

SMEE

Consultancy

£3k to £10k

5 – 16 days

50%

Standard form

ESP

Graduate

£12k

12 weeks

0%

Standard form

SKTP

Graduate

£25k - £50k

26 - 51 weeks

40% - 60%

Two Stage (EoI & Full2)

KEEN1

Graduate

£40k - £100k

1 - 2 years

50%

Standard form

CKTP

Graduate

£50k - £500k

1 - 3 years

40% - 60%

Two Stage (EoI & Full2)

1 - WM:2 - EoI & Full:-

West Midlands-based companies only Two stage application process – Expression of Interest, followed by Full Proposal

To find out more or discuss your requirements contact: Derek Hall Programmes Manager Coventry University Enterprises Ltd, KTP Office, IC2.2 Coventry TechnoCentre, Puma Way, Coventry CV1 2TT T: +44 (0)24 7623 6843 M: +44 (0)797 498 4925 F: +44 (0)24 7623 6024 E: dhall@cad.coventry.ac.uk www.coventry.ac.uk www.ktponline.org.uk


The University can offer assistance in: • Developing new products and services. • Improving your processes and efficiencies. • Understanding your markets and developing business strategy. • Identifying, valuing and protecting your Intellectual Property. • Assessing and providing staff learning and development needs. • Providing access to specialist funding.

This is achieved in a variety of ways to suit individual business needs including: • Internships • Student projects • Funded knowledge transfer • Funded collaborative research and direct consultancy

Means of Engagement Contact us to discuss how our projects can be tailored to your individual needs

Internships The University works closely with companies across the UK and Europe to offer a wide variety of internships within large corporate businesses, SMEs, public sector organisations and not-for-profit organisations. Internships offer short-term, 3-6 month focused and cost effective placements that have the advantages of: • A focused scope of work • Well defined deliverables • The chance to assess future graduates and their fit in an organisation

Coventry University has a range of services for business aimed at driving growth and increasing competitiveness.


Student Projects

Knowledge Transfer

Investigation and accumulation of information is one of the key

Coventry University is partnering with regional and national

activities that students undertake. They are taught methods of

businesses to increase their competitiveness, productivity

research, analysis and interrogation of information and have

and performance. We can offer jointly funded collaborative

strong skills in the use of communication media. They take this

partnerships enabling the embedding of new knowledge

information and develop it into a creative proposal for the client.

and the delivery of solutions which are led by the business and supported by a University expert. Recent graduates

This has a number of advantages:

are placed into the company, thereby enabling access to

• It stimulates and inspires company staff by demonstrating a

knowledge, skills or technologies.

wide range of dynamically presented innovations; • It will involve a culturally diverse perspective due to the

Knowledge transfer activities are typically suited to more

demographic make-up of our student population.

urgent/complex projects with a longer timeframe and have the benefits of:

An example student project model:

• Focused brief with high impact deliverables • The ability to engage high quality graduates

a. The client provides a project brief

• Being able to access Government/EU funding

b. The student will carry out market research into the customer

• Reduced administrative costs for the client

groups and their lifestyle choices expectations and latent needs c. The student will present proposals in a variety of formats

Projects offered include:

d. Further analysis can follow if the client wishes to focus in on

• National Classic Knowledge Transfer Projects (CKTPs)

specific areas of interest

from 1 – 3 years • West Midlands Knowledge Exchange and Enterprise

This model can be further tailored to the key requirements of

Network Projects (KEENs) - from 1-2 years

the client in terms of urgency and level of expertise required.

• National Short Knowledge Transfer Projects (SKTPs)

These factors will determine which group of students would be

from 26 – 51 weeks

appropriate for the project.

Alan Malik, Managing Director, Exasoft plc: “The key benefits of a KTP are that it allows you to concentrate on developing on specific part of the business. Ordinarily we wouldn’t go out to spend money on the two new products that we developed as a part of the KTP. Additional benefits of KTPs are that you make cost savings where you haven’t expected any. The collaboration with Coventry University enabled us to widen the scope of what we wanted to develop initially. If you don’t develop new products then ultimately companies fail. KTP’s makes it more affordable to develop collaborative solutions and attract best postgraduates”.


High

SME Engagement Programme (SMEE) The SME Engagement Programme is designed to facilitate greater access

National CKTP Projects

to the expertise, facilities, and equipment. Based on the significant and

Staff Consultancy

successful organisational reputation of Coventry University, direct business

Regional KEEN Projects

specific sector needs and introducing new initiatives designed to improve

The diagram

levels of access and engagement. Projects can include:

illustrates how the different

• Focused advice specific to business needs.

projects are

• Expertise from CU that provides a wide range of business related support.

aligned to the

• Assistance and guidance to help introduce and implement business

customer needs.

Complexity

engagement activity with SMEs will be further developed by addressing

National SKTP Projects 3rd Year Project Internships

improvement projects. • Assistance and guidance to help develop staff.

SMEE

1st Year Project

Low

The cost of each SMEE project (worth from £3,000 up to £10,000) will be

ESP

subsidised at up to 50% by the university; the remaining cash costs will be met by the client organisation. Low

Executive Short Project (ESP)

Urgency

High

The ESP is a short structured project which brings together the expertise of an academic and a graduate to work on a specific problem facing your business. These projects run for 12 weeks and can be set up quickly using the University’s structured project briefing process to ensure that you get that expertise you require into your business as fast as possible.

Commercial Consultancy Coventry University runs much of its commercial, income-generating and business-partnership work through its trading subsidiary - Coventry University Enterprises Ltd (CUE Ltd). CUE focuses on innovation, design, high performance automotive engineering, health, and information and communications technology as areas of expertise. Consultancy projects can be run on an individual basis, with the University’s Business Development Group providing commercial proposals in response to a specific client brief: David Thompson, Managing Director of Bedsons Ltd, said: • Delivery will be through specific, industrially experienced staff members identified for their particular expertise. • Commercial consultancy provides high impact solutions for complex briefs in the shortest timeframe.

“As a small business, Bedsons’ lack of design capability was restricting product development and sales growth so we needed a reliable, competent and responsive external resource. The Design Institute Team at Coventry University proved an ideal solution; so much so that I have had no hesitation in commissioning another, larger project with them.”


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