Guidance

Cost categories for KTP FEC (full economic costing) projects

This guidance is aimed at knowledge bases (host research organisations) applying to Innovate UK’s Knowledge Transfer Partnership (KTP) competition for FEC (full economic costing) projects.

From:: Innovate UK
Published:: 12 June 2024

Documents

Cost categories for KTP FEC projects

Details

The guidance details the different cost categories to include in your application. Sections include:

associate employment
maternity, paternity, adoption and parental leave
associate development
travel and subsistence
special arrangements for virtual businesses
consumables (materials)
other costs
knowledge base supervisor
associate estates cost
additional associate support
project costs for FEC
calculating FEC-specific costs
example of standard FEC costs for one associate for 12 months, located at the business’s premises