South Korea: KIAT

Name of Funding agency

KIAT (Korea Institute for Advancement of Technology)

Geographical coverage (national/regional)

National

Name of the programme/initiative

International Technology Cooperation Program of MOTIE

Programme website

www.kiat.or.kr

Programme owner

Ministry of Trade, Industry and Energy

Program manager (executing funding organisation)

KIAT (Korea Institute for Advancement of Technology)

Contact person(s) (e-mail, tel.)

Joosuk, Jason Kang, Director, KIAT Europe Office

(kangjs@kiat.or.kr, +32-2-431-0591)

Hongreol, Felix Choi, Director, KIAT

(Felix3254@kiat.or.kr, +82-2-6009-3200)

Funding Commitment

1 Million Euros

Anticipated number of fundable research partners

1 ~ 2 partners

Maximum funding per grant awarded to a partner

500,000,000 KRW/year (up to 3 years)

 (370,000 Euro/year, up to 3 years)

Type of research eligible for funding: eligible TRL range

TRL 3 ~ TRL 8

Funding rates (approx.)

 Up to 67% for SMEs, up to 100% for non-profit organizations (Univ., Government Research Institutes)

Major eligibility criteria
(e.g. types of organisations, thematic restriction, cost types and caps)

·       Funding is eligible for the industrial research and/or technological development activities of Korean companies, universities and public research institutes.

·       Company(Private) which has been operating for at least one year based on the date indicated on the business registration certificate, and which has obtained ‘corporate R&D centre accreditation’ from KOITA(Korea Industrial Technology Association) must be included in the Korean consortium

·       The government funding rates and civilian dues by the funding beneficiaries as follow;

Classification

Share of government

contributions

Minimum required share of Cash from the civilian dues

Large company

Up to 33%

At least 60%

Mid-tier company

Up to 50%

At least 50%

SME

Up to 67%

At least 40%

Other (non-profit)

Up to 100%

Only if necessary

Submission of the proposal at national/regional level (schedule, cut-off dates, deadlines, etc.)

·  Deadline for submission of Pre-proposal (Kor) to the KIAT (15 June 2021)

·  Deadline for the full proposal (Kor) to the KIAT (17 Nov. 2021)

·  National funding dicision (2 Feb. 2022)

Submission of financial and scientific reports at the national/regional level

·  Korean consortium should submit annual progress report and financial report.

·  Final report should be submitted within 3 month after complete the project.

Further guidance

·  Project related issues of Korean consortium follows the common operational regulation for the industrial technology innovation programs in Korea (ref. www.k-pass.kr)