The project has played a central role in supporting the company’s long-term growth strategy, focusing on expansion into overseas markets and, most notably, India’s standby generator sector.
The UK-based company has long recognised that the future of its business cannot rely solely on domestic markets. With the gradual decline of fossil fuel use in the UK, FAST has been actively exploring new opportunities abroad.
The KTP programme has provided the perfect framework to combine academic knowledge with commercial ambition, ensuring that the business is prepared for the challenges and opportunities that lie ahead.
With two potential distribution partners in India already identified, further discussions towards establishing a presence in the Indian market will take place during an upcoming visit to the country by Managing Director Paul Derham and KTP Associate Srishti Singh.
Srishti has been central to project success. Joining FAST as a KTP Associate, she has worked as a Business Analyst, applying her skills in market research, data analysis, and strategic planning, to identify commercial opportunities and support the development of a clearer business strategy around innovation and growth.
Recognising her outstanding impact, Fuel Additive Science Technologies has offered Srishti a full-time position.
Creating value through partnerships
Strongly encouraging other businesses, regardless of size, to consider a KTP, Paul Derham, Managing Director of FAST, said: “The KTP has been an extremely positive experience for us. It has given us access to new ways of thinking, fresh skills, and academic expertise that have helped shape our plans for international growth.”
Acknowledging the valuable input from both Birmingham City University and Srishti, Paul expressed their delight that Srishti will continue with FAST, and described the KTP as “A highly effective way to strengthen your business, build for the future, and achieve growth.”
The completion of this KTP represents not only an achievement for Fuel Additive Science Technologies but also an example of how collaboration between business and academia can create real value.
For companies looking to adapt to new challenges, whether through market expansion, product development, or strategic innovation, KTPs provide a proven and practical route to success.
Image credit: Fuel Additive Science Technologies