KTP Business Profiles Supply Chain Partnership Advanced Precision Engineering Cluster & Queen’s University Belfast (QUB) SUPPLY CHAIN KTPs A Partnership formed when a group of businesses are trying to address issues in the supply chain, for example, to improve efficiency. Here, the members of the supply chain are involved in a single project and a multiple member collaboration agreement is required to ensure mutually beneficial and successful outcomes BACKGROUND ABOUT THE PROJECT Venture Capital are achieved. Advanced Precision Engineering When worldwide aerospace companies Business Cluster (APEC) is an aerospace such as Bombardier, Airbus and Boeing Knowledge ﬁltered through supply chain When applying for a supply chain KTP, manufacturing collective made up started converging on design and a workplan must identify how the co- of four specialist suppliers: JHE, manufacturing software created by ordination and management activities Short Brothers, Maydown and Dassualt Systèmes, the leading industry will be done. For example, by holding Moyola. The cluster was formed to product Associatelifecycle management (PLM) Knowledge Associate Knowledge common LMC* meetings. One of the Base Base enable the individual suppliers to developers, CATIA V5 soon became the businesses would also be expected to share their experiences of machine industry standard for global aerospace and act as the lead partner. part manufacture. thus, a prerequisite for doing business with As a result, implementing CATIA V5 Business This type of project may have one or most Original Equipment Manufacturers became the focal point for knowledge Knowled Associate Base more Associates working on specific The linkage (formed prior to the KTP) (OEMs), such as Boeing and Airbus. share within the cluster. Facilitated through tasks, but sharing the knowledge across enabled members to better understand This put pressure on small specialist KTP, Northern Ireland Technology Centre at the consortium. The level of challenge for each other’s technical requirements during manufacturers like those in the cluster to QUB was able to provide the infrastructure each Associate must be commensurate production, with the aim of creating better implement the latest software in order to through which members could share with the normal expectations of KTP. synergy across the supply chain. win business and compete effectively. their experiences. D Associate Knowledge Base Associate Business D D *Local Management Committee Accelerating business innovation; a Technology Strategy Board programme D= D ent Supply Chain Partnership Successfully integrating CATIA V5 resulted in reduced lead-times, improved production processes and an overall reduction in costs. IMPLEMENTATION BENEFITS TO BUSINESS BENEFITS TO KNOWLEDGE Maydown implemented CATIA V5 in order to become eligible for more lucrative work in the area PARTNER(S) BASE PARTNER(S) of complex machine parts manufacture or DFMA (Design for Manufacture and Assembly). Short The KTP significantly improved The project has allowed Northern Brothers sought to develop new manufacturing processes within an integrated PLM environment, in JHE’s ability to bid for work that Ireland Technology Centre (NITC) order to achieve an overall reduction in cycle times. was previously unattainable to enhance its strong reputation through improved knowledge for industrial collaboration and Moyola needed an integrated design, manufacturing and inspection system in order to improve the of business processes and broaden its experience in the manufacture of sculptured 3-D machined components, whilst JHE sought to differentiate itself from technologies. Successfully area of high-speed precision low-priced competitors by moving up the value-added chain. Implementing CATIA V5 meant JHE integrating CATIA V5 resulted in engineering. could provide knowledge-intensive, high-skilled manufacturing offerings that allowed the business to reduced lead-times, improved compete less on price and more on quality and capability. production-related processes and BENEFITS TO ASSOCIATE(S) an overall reduction in costs for Both Associates working for JHE BENEFITS TO THE SUPPLY CHAIN Short Brothers. and Short Brothers went onto CATIA V5 allowed tier 2 and 3 suppliers (Moyola, Maydown and JHE) to be involved earlier on in full-time employment with their production. This early input of specialist knowledge resulted in better designs and fewer errors, Since integrating the new assigned business partner. The which in turn reduced costs and production lead-times for the tier 1 OEM, Short Brothers. software, Maydown has made Associate working at Moyola large investments in its warehouse gained practical experience of Existing familiarity with the software and early involvement in projects put tier 2 and 3 suppliers in a and production facilities, moving working within a specialist field better position to bid for more lucrative contracts. Having all four partners simultaneously implement it closer towards its goal of of engineering, creating excellent the same software created better synergy along the supply chain and greater efficiency during the becoming a tier I supplier. Using prospects for future employment. design and manufacturing processes, thus benefiting all concerned. CATIA V5 improved Moyola’s The Maydown project is still presence within the global currently live, on completion aerospace sector and better the Associate looks set to have positioned the organisation to bid a promising career within the for more lucrative contracts. organisation. KTP Business Profiles Collaborative Partnership Farnborough Aerospace Consortium & Kingston University COLLABORATIVE KTPs Venture Capital A Partnership following the structure of a classic KTP, but whereby the Business business (business partner) is also acting on behalf of itself and a number of other businesses. For example, trade associations, acting Associate Knowledge Associate on behalf of a number of their members, Base or a single business acting as business partner but ensuring the knowledge BACKGROUND ABOUT THE PROJECT transferred is embedded in both their Farnborough Aerospace Consortium When principal manufacturers within the Business own and other businesses. (FAC) is a not-for-profit trade aerospace industry began streamlining organisation with 300 members, their supply chains, small and medium Collaborative KTPs can involve one or consisting of aerospace industry sized enterprises (SME), like many of more KTP Associates working on one SMEs, prime contractors, service FAC’s members, were unable to compete or more projects with these businesses. providers and academia. effectively with large multinational competitors as prime contractors in bids. Associate Knowledge FAC’s role as a consortium is to Base provide a framework for promoting FAC’s members were too small to offer the the sustainable economic wide range of products usually required as to enable them to share information development of its members; in large contracts and, consequently, and collaborate on projects. At the time, assisting businesses with access to missed out on opportunities for growth. FAC lacked the necessary infrastructure markets, supply chain positioning, FAC recognised an interface of some needed to achieve this. Kingston promotion of best practice and sort was needed to collectively promote University’s Faculty of Technology has competitiveness. the capabilities of its members, as well long-standing experience in aerospace Accelerating business innovation; a Technology Strategy Board programme Collaborative Partnership The taxonomy developed during the KTP is rapidly being adopted as the industry standard. “FAC could not have implemented the CMS system without the KTP, absolutely 100%. The KTP BENEFITS TO BUSINESS BENEFITS TO KNOWLEDGE was instrumental in helping the company achieve its objectives. For me, the development of PARTNER(S) BASE PARTNER(S) the taxonomy was the highlight of the project and undoubtedly helped FAC position itself as a KU was able to increase • The KTP allowed individual leading response in the South East for SMEs within the aerospace and defence sector.” its aerospace and defence FAC member organisations contacts, which boosted its to attract contracts otherwise Bill Taylor*, former FAC Board Director profile as a leading aerospace thought to be unrealistic. The university and led to KU leading CDB has since been used both the nascent Regional to present FAC member Aeromanufacturing Academy technology, and houses CIS (Computer Information Systems) renowned for excellence in systems competencies internationally. and the aerospace group in and software engineering. Kingston University (KU) provided the specialist knowledge that FAC CommercialiSE** consortium. • The KTP deliverables needed to assist its members in attracting and winning bids. (Collaboration Management System, TLMS and taxonomy) BENEFITS TO ASSOCIATE(S) FAC collaborated on two KTP projects with KU; a business strategy project that aimed to research, enabled FAC to provide a The Business and IT Associate develop and implement a way for FAC to promote member competencies to prime aerospace single point of contact for both accepted permanent positions contractors and assist those members in winning business. The second project sought to design a its members through which with FAC on completion of their database to enable FAC to carry out its business strategy of interfacing between prime aerospace their business offerings could individual projects. Both Associates and defence organisations and FAC members. be communicated to prime had the opportunity to attend aerospace contractors on a European air shows, network Completion of both projects resulted in the design and implementation of a Capabilities Database (CDB), global basis. The taxonomy with key members of industry based on a comprehensive taxonomy listing of member competencies and a Top Level Management developed during the KTP is and gain in-depth knowledge communication System (TLMS), enabling FAC and its members to share information internally. rapidly being adopted as the of the aerospace sector. industry standard. *Mr Taylor no longer works for FAC, the comments printed here are based purely on his experiences of the programme whilst in his former role. **CommercialiSE is a collaborative partnership between eleven UK universities, KU is the sector lead for aerospace. The initiative was formed to link university knowledge with business expertise in the South East, providing an integrated framework of funding and support. KTP Business Profiles Flagship Partnership NCR Financial Solutions Group Ltd & Edinburgh Napier University, University of Dundee & University of Abertay Dundee Venture Capital FLAGSHIP KTPs Business Flagship KTPs enable any large Knowledge ﬁltered business to use KTP strategically through supply chain by undertaking more than one KTP project, across a number of different operational areas. The individual projects should be managed Associate Knowledge Associate Knowledge Base Base strategically throughout the life of the overall flagship project. Business In applying for a flagship KTP, the BACKGROUND Knowledge Associate Base business needs to provide an outline NCR is a leading global supplier of Automatic Teller Machines (ATMs) to retail of the number of projects required, financial institutions. In order to grow market share and profitability, NCR’s including the strategic aim of each, ATMs needed to help banks deliver differentiated services to their customers. the area of the business in which they will be undertaken and an indication of D the submission timetable. The projects THE FIRST KTP Associate THE Knowledge SECOND KTP (in partnership with Edinburgh Base partnership with the University (in Associate Business Associate should be linked and can be technical, process or management based. The Napier University) of Dundee) D D business must also include a brief outline NCR took on its first KTP with Edinburgh The second project, a collaboration D= Department of the potential number of Associates Napier University in the area of R&D, with the University of Dundee, aimed to and the subject area, required for the focussing on prototyping and evaluating develop and implement new web-based, KTPs. The business does not have to user interactions, with the eventual aim value-added software solutions and Knowledge Knowledge work with the same Knowledge Base of tailoring transactions to the needs of services, to complement and enhance Base Base Partner in each KTP because it will individual users. existing Self-service Terminals and ATMs. depend on the most appropriate source of knowledge required by the business. Accelerating business innovation; a Technology Strategy Board programme Flagship Partnership NCR has been able to develop a rounded set of high-quality research deliverables to support the growth of the business’s services area. In order to build on the insights gained from these initial KTPs, NCR then took on three more BENEFITS TO BUSINESS BENEFITS TO ASSOCIATE(S) Partnerships in subsequent years. PARTNER(S) The training the Associates NCR has been able to develop underwent during their KTP THE THIRD KTP a rounded set of high-quality projects enabled them to (in partnership with the University of Abertay Dundee) research deliverables to successfully broaden their The third KTP with the University of Abertay Dundee was concerned with broadening NCR’s support the growth of the skills set and increase their offerings to include a new business sector, software security, adding to the existing portfolio of ATM business’s services area, as competency. The experience of services offered to users. well as benefit from continuous working within a multi-national progress through research and organisation allowed the THE FOURTH KTP development. Associates to network with all (in partnership with Edinburgh Napier University) levels of the financial technology The fourth KTP saw the business paired again with Edinburgh Napier University, this time exploring BENEFITS TO KNOWLEDGE sector and build important new technologies suitable to use within an ATM format, improving the quality of services on offer BASE PARTNER(S) industry contacts, significantly to users. Staff at all three universities increasing future employability gained greater knowledge of real- opportunities. Two Associates THE FIFTH KTP life business processes, enabling went on to accept full-time (in partnership with the University of Abertay Dundee) the universities to better tailor positions within NCR, another For its fifth KTP, NCR sought to broaden the organisation’s existing knowledge in the area of software their degree programme offerings was able to secure a permanent security, enlisting again the University of Abertay to assist in exploring the area in more depth. to graduates. Subsequently, position with a reputable Scottish several publications rooted in business. The remaining two To date, NCR has taken on five KTPs, each one progressively building on the success of the last. the different areas of the KTP Associates look set to have Though each is an independent Partnership in its own right, with its own specific objectives, they projects have been published. promising careers in their all serve a common purpose, that of growing NCR’s market share through constant innovation and chosen fields. refinement of its product offerings. KTP Business Profiles Collaborative Partnership Procter & Gamble (P&G) & Leeds University Venture Capital COLLABORATIVE KTPs Business A Partnership following the structure of a classic KTP, but whereby the business (business partner) is also acting on behalf of itself and a number of other businesses. Associate Knowledge Associate Base For example, trade associations, acting on behalf of a number of their members, or a single business acting as business partner but ensuring the knowledge BACKGROUND P&G continually takes steps Business transferred is embedded in both their Procter & Gamble (P&G) in manufacturing to minimise own and other businesses. manufactures personal and this possibility. Once a person household products; amongst its is sensitised to enzymes they Collaborative KTPs can involve one or vast range are laundry detergent are no longer able to work in an more KTP Associates working on one powders. Well-known UK brands environment where there is a risk or more projects with these businesses. include Ariel, Daz and Bold. of exposure to them. Associate Knowledge Base One of the key performance ABOUT THE PROJECT enhancing ingredients in P&G’s Enzyme granule breakage is a key issue for behalf of the EDC, has taken the lead in detergent products are enzyme the detergent and enzyme manufacturing partnering with Leeds University through a particles, which have a risk of industry as a whole. The Enzyme Dust KTP to develop technology that will enable breaking in the manufacturing Consortium (EDC), whose members assessment and ultimate resolution of this process. If dust escapes into the include P&G, Unilever Henkel, Novozymes problem, the outcomes of which will be working environment, it can lead and Danisco, was established seven years disseminated amongst the members of to health issues for employees. ago to address this problem. P&G, on the EDC and the broader industry. Accelerating business innovation; a Technology Strategy Board programme Collaborative Partnership We expect to develop not only cheaper, but also stronger enzyme granules, which will potentially improve the quality of future products. ENZYME GRANULES BENEFITS TO BUSINESS BENEFITS TO KNOWLEDGE In the enzyme-detergent industry there is no standard examination device in use for attrition testing PARTNER(S) BASE PARTNER(S) of enzyme granules. P&G has extensive capabilities for the modelling of particulate processes and There is an excellent opportunity • Detergent manufacturers large-scale testing facilities, but has no understanding of the underlying mechanisms of particle for the academic team to develop will have the opportunity to breakage for enzyme granules. a generic test methodology and improve their plant systems a prototype instrument that can to eliminate the risk of dust ABOUT THE KNOWLEDGE BASE PARTNER be commercialised and will lead generation and with it, reduce Researchers at the University of Leeds have over 20 years experience in the field of particulate to a significant ongoing revenue the risk of any health and safety breakage. In addition to this, the University gained technical knowledge of plant forces and the stream for the University. issues for the employees. underlying mechanisms involved in enzyme granular breakage through a recent PhD project. • The design of a testing tool will BENEFITS TO ASSOCIATE(S) AIMS OF THE PROJECT enable enzyme manufacturers The KTP has effectively enabled The project, which is ongoing, aims to research and deliver a new testing apparatus and to develop better enzyme the Associate to assume the role methodology that can be used to evaluate enzyme granule breakage. This will enable the granules. There is a reasonable of an entry level manager for the development of safer and potentially better enzyme granules that are less prone to damage, expectation that enzyme duration of the two-year project, more quickly than the current industry best practices. manufacturers will be able to significantly adding to the bank develop not only cheaper, but of credentials the Associate is also stronger enzyme granules, expected to have acquired on which will potentially improve completion of the project. the quality of future products. KTP Business Profiles Flagship Partnership United Utilities Northwest Water (UUNW) & Liverpool John Moores University, Cranfield University & University of Liverpool FLAGSHIP KTPs Flagship KTPs enable any large business to use KTP strategically by undertaking more than one KTP project, across a number of different operational areas. The individual projects should be managed strategically throughout the life of the overall flagship project. In applying for a flagship KTP, the United Utilities Northwest Water of phosphates from wastewater using Working with Cranfield University for its business needs to provide an outline (UUNW) has to date engaged in five naturally occurring bacteria rather than second KTP, the business sought to find of the number of projects required, KTPs with differing Higher Education chemicals. The project is currently in a chemical-free method of producing including the strategic aim of each, Institutions nationwide; four of these the final stages of lab testing and, if higher quality ‘biosolids’ (an end product the area of the business in which they Partnerships are strategically linked, successful, could have a significant of wastewater treatment). For fertiliser will be undertaken and an indication of feeding into UUNW’s sustainability impact on the water industry as a whole. purposes, biosolids need to be as thick the submission timetable. The projects agenda and 25-year business plan. as possible. Through the KTP, UUNW should be linked and can be technical, During the application process for the developed an energy conserving, process or management based. The first KTP, it became apparent that there thickening process that doesn’t require the The benefits to be gained from KTPs were business must also include a brief outline first recognised by UUNW in the planning were a number of unexplored areas of use of chemical treatments. This project of the potential number of Associates stages of its initial KTP with Liverpool research that could be addressed through has led to grant approval from the Carbon and the subject area, required for the John Moores University - a project that KTP. UUNW didn’t waste time in applying Trust for further investigative project work. KTPs. The business does not have to work with the same Knowledge Base aimed to find a solution to the complex for a further three KTPs, each project Partner in each KTP because it will area of wastewater treatment, a process concerned with a new and exciting area UUNW’s third KTP involved Cranfield depend on the most appropriate source which involves Enhanced Biological of research. University again, this time with the aim of of knowledge required by the business. Phosphate Removal (EBPR), the removal developing a novel fertiliser formulation Accelerating business innovation; a Technology Strategy Board programme Flagship Partnership UUNW looks set to break new ground in the wasterwater industry with its fourth KTP. “KTPs are ideal arrangements to further develop technologies in key strategic areas to ensure BENEFITS TO BUSINESS BENEFITS TO KNOWLEDGE that there are solutions to problems we face. The KTP with Liverpool is one of a cluster that we PARTNER(S) BASE PARTNER(S) have carried out and provides access to world-class research knowledge and facilities that we Defence and growth of market • Cranfield University: Cranfield alone just couldn’t access. It’s a real win-win-win for the business, for the University and for the share through constant has gained a greater awareness Graduate Associate who all get huge value from working together.” innovation and development. of industry needs and several papers are planned for Steve Whipp, Standards and Innovation Manager at UUNW BENEFITS TO ASSOCIATE(S) publication in peer review On completion of their various journals. projects, all Associates will of sludge with added nutrients. Negating the need for farmers to buy-in expensive chemical fertilisers gain technical expertise in the • Liverpool John Moores: separately, which would normally be the case, as traditional biosolids created from wastewater field of research their roles are The KTP project provides an treatments are without added nutrients. concerned with, significantly opportunity to develop new increasing their future teaching modules in wastewater UUNW looks set to break new ground in the wastewater industry with its fourth KTP. Partnered with employability opportunities. treatment processes, as well the University of Liverpool’s School of Biological Sciences, the business is aiming to optimise a new as enhance the university’s process for sewage waste treatment. The Enzyme Hydrolysis (EH) process invented, developed and technical expertise. patented by UUNW, manages waste arising from the treatment of sewage. • University of Liverpool: Although the anaerobic digestion of biosolids has been carried out for many years, the fundamental The project has the potential microbiology is not well understood. With the help of the School of Biological Sciences, the business to generate new research aims to better understand and optimise the anaerobic digestion process using cutting edge directions beneficial to all the microbial techniques. The end result will hopefully enable UUNW to produce more biogas, a ‘green’ knowledge base team. fuel which can be used for generating electricity or upgraded for powering vehicles and injection into the gas supply network. KTP Business Profiles Venture Capital Partnership Accel Venture Partners Management LLP & London Business School VENTURE CAPITAL (VC) KTPs In a VC Partnership, the business partner is specifically a venture capital company. The purpose of this partnership structure is to help improve the technology domain depth, breadth and global reach of UK venture capital companies, and so enable them to make rational judgements on the risks and benefits of supporting leading-edge BACKGROUND ABOUT THE PROJECT Venture Capital entrepreneurs in technology. Accel Partners is a venture capital London Business School (LBS) provided Busin (VC) business1 with approx $1.5bn the necessary resources and expertise In a VC KTP, Associates take part under management, focused on Accel needed to gather, map and identify in the prestigious Kauffman Fellows investments in high potential viable investment opportunities. Programme, which is managed by the technology growth businesses in Centre for Venture Education and is Europe and Israel. The Academic chosen to support the designed to educate and train future Associate during the KTP project was a Associate Knowledge Associat venture capitalists and leaders of Base Accel wanted to develop an effective former tech venture entrepreneur, affiliated high-growth companies. The Kauffman tool for sourcing and selecting deals with both the Technology and Private Fellows Programme provides US based for the business to invest in. Deal Equity Institutes at LBS, making LBS and training modules for VC professionals. 1 Venture capitalBusiness private equity is a type of flow2 and selection of investments its knowledge base team the ideal partner capital provided to early-stage, high potential, In VC Partnerships, Kauffman training modules replace the usual KTP modules are the fundamental factors that for Accel. high growth companies. and diploma in management. influence the returns Accel provides 2 Deal flow is the rate at which investment offers to its limited partner investors. are presented to funding institutions. Associate Knowledge Accelerating business innovation; a Technology Strategy Board programme Base Venture Capital Partnership Accel has gained a more effective sourcing capability, an automated tool and a process to systematically discover new opportunities. During the project, knowledge was transferred from the Associate to Accel via the prestigious BENEFITS TO KNOWLEDGE BENEFITS TO ASSOCIATE(S) Kauffman Fellows Programme. The Programme, managed by the Centre for Venture Education, is BASE PARTNER(S) Through the KTP and the designed to educate and train future venture capitalists and future leaders of high-growth businesses. As a result of the KTP, LBS has tutelage of the Kauffman since produced several academic Fellows Programme, the During the four-year placement, the Associate attended one-week training courses 4 – 5 times publications that have featured Associate had the opportunity to per year in the USA, in order to learn about venture capital and network with other VC businesses in well-known industry journals, become deeply connected with gathering crucial contacts. including a special report for entrepreneurs, start-ups and the European Venture Capital key industry members in the VC In the VC world, strong networks are paramount as they give businesses the opportunity to expand Association on the funding world, enhancing their value to their contacts base and explore networking opportunities. Work undertaken via a KTP can enable environment in Europe for Accel Partners and the VC sector better market visibility and greater insight into investment opportunities for expanding businesses. entrepreneurs. as a whole. A series of VC workshops As a result of their hard work and BENEFITS TO BUSINESS PARTNER(S) followed in London, Stockholm, contribution to the project the • As a result of the KTP, Accel has gained a more effective sourcing capability, an automated tool Paris and Munich, strengthening Associate went on to full-time and a process to systematically discover new opportunities. the school’s academic credentials employment with Accel. and raising its visibility. • The business now has a customer relationship management database and process to expand and manage Accel’s proprietary relationships and track new deals, successful entrepreneurs and VC partners. KTP Business Profiles Venture Capital Partnership Amadeus Capital Partners Ltd & Imperial College VENTURE CAPITAL (VC) KTPs In a VC Partnership, the business partner is specifically a venture capital company. The purpose of this partnership structure is to help improve the technology domain depth, breadth and global reach of UK venture capital companies, and so enable them to make rational judgements on the risks and benefits of supporting leading-edge BACKGROUND UK, with a view to identifying subsequent Venture Capital entrepreneurs in technology. Amadeus is a venture capital (VC) investments. It also wanted to gain the Busin business1 focused on investing in opportunity to develop an understanding In a VC KTP, Associates take part high potential technology growth of an investment thesis for the European in the prestigious Kauffman Fellows businesses. Amadeus identified the cleantech start-up and venture capital sector. Programme, which is managed by the cleantech2 sector as an important Centre for Venture Education and is and expanding investment area but Imperial College provided the necessary designed to educate and train future lacked the knowledge, expertise, tools and resources Amadeus required to Associate Knowledge Associat venture capitalists and leaders of Base networks and time to explore the identify and research suitable cleantech high-growth companies. The Kauffman sector thoroughly. investment opportunities. Fellows Programme provides US based 1 Venture capital is a type of private equity capital training modules for VC professionals. Business provided to early-stage, high potential, high growth ABOUT THE PROJECT The knowledge base partner, head of companies. In VC Partnerships, Kauffman training modules replace the usual KTP modules The business wished to produce a map the Energy Futures Lab at Imperial College, 2 Cleantech represents a diverse range of products, and diploma in management. of the emerging investment opportunities provided expert advice and guidance services, and processes, all intended to provide in identifying the most viable green superior performance at lower costs, while greatly in the energy sector, identify key enabling reducing or eliminating negative ecological impact, technologies and strengths unique to the technologies. at the same time as improving the productive and responsible use of natural resources. Associate Knowledge Accelerating business innovation; a Technology Strategy Board programme Base Venture Capital Partnership Through the KTP, Amadeus has developed expertise in cleantech investing and developed a new segment to its investment activities. “KTPs are a structured, cost-effective means of gaining or deepening insight into new BENEFITS TO KNOWLEDGE BENEFITS TO ASSOCIATE(S) or existing areas of technology development. As a venture capital company, viable, well BASE PARTNER(S) The Kauffman Fellows Programme researched investment options are paramount to inspiring investor confidence and future The KTP brought together gave the Associate unparalleled profitability. The KTP allowed us to significantly sharpen our focus with regards to a new technology, innovation and access to the VC network, investment sector.” business, three key areas Imperial bringing together in a single College identified as research class, 25 Fellows from VC firms Maureen O’Donnell, HR Manager, Amadeus Capital Ltd priorities for its newly launched around the world, exposing Energy Futures Lab, which it had them to a curriculum delivered established to tackle the major by top VC practitioners, LPs, questions facing the world in the entrepreneurs and academics The knowledge the Associate gained through the Kauffman Fellows Programme was disseminated energy sector. specialising in VC. through the business via talks and papers, giving Amadeus, its investors and business partners a much greater understanding of cleantech industries and investment opportunities within the UK. The project has enabled Imperial Following the KTP, the Associate College to build and strengthen accepted a permanent position BENEFITS TO BUSINESS PARTNER(S) its international links with the with Amadeus. • The business closed its first explicit cleantech investment deal with Greenroad Technologies VC community, stimulating the in July 2008. Since then it has also extended its international VC network via the Kauffman likelihood of further collaboration Fellows Programme. and research projects in future. • Through the KTP, Amadeus has developed expertise in cleantech investing and developed a new segment to its investment activities. This improved understanding has led to an increased ‘deal flow’ for the business, averaging roughly 100 deals per year. • The benefits gained from the initial KTP were so impressive, Amadeus is seeking to partner again with Imperial University in the area of medtech.
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