KTN’s Innovation Exchange is a cross-sector program supporting innovation transfer by matching industry challenges to innovative companies from other sectors. It does this by putting large businesses with technical needs in contact with companies who have the right innovative solutions, for faster development of novel solutions.
The power of cross-sector collaboration
Innovation Exchange is a KTN programme specially designed to help organisations search for game-changing solutions to challenges and bring them to market faster.
Leveraging expertise across our diverse network, KTN promotes innovation transfer, matching real industry challenges from large businesses, to companies and innovators already working on the solutions. Our unique cross-sector approach taps into the power of collaboration providing technical solutions from other sectors.
Over the past 4 years, KTN’s Innovation Exchange Programme has proven it is a highly successful programme in the energy, defence, health and transport sectors and is now being expanded into others as well, such as infrastructure, security and agri-tech.
With over 2.5K application entries across 130 challenges, 694 UK companies pitched their ideas, 88 trials were undertaken generating £25.3m value to challenge holders, and 26 commercial contracts were put in place, valued at £7.7m, as a direct result of the Innovation Exchange Programme.
“Posting our challenges on KTN’s Innovation Exchange has allowed us to have a cross-sectoral approach and added an element of reach that has proved invaluable. The responses have allowed us to explore applying solutions from other sectors like medical X-Ray technology to some really tricky problems.” Andy Cooney, Technical Manager at Sellafield
Global Innovation Exchange Challenge: Innovative Solutions to Beneficiation of Water Treatment Residue
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Global Alliance Africa at Innovate UK KTN partners with Rand Water to find Circular Economy solution to water treatment residue challenge
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