Call for New Proposals (40th BOD)
Korea Israel Industrial R&D Foundation (KORIL-RDF) is a bi-national foundation, created by the governments of the Republic of Korea and the State of Israel, whose mission is to promote and support technological collaboration in innovative R&D between commercial companies in both countries.
KORIL-RDF projects are categorized into three types:
Project Type | Maximum Budget | Maximum Grant | Maximum Period |
Feasibility Study | USD 60,000 | USD 30,000 | 3 months |
Mini-scale | USD 400,000 | USD 200,000 | 12 months |
Full-scale | Unlimited | USD 1,000,000 | 36 months |
The maximum actual grant size of full-scale projects will vary to be commensurate with proposal evaluation grade.
KORIL grant award criteria up to:
Overall Grade | A | B+ | B | B- | C |
Maximum Grant (%) | 50 | 45 | 40 | 35 | 30 |
Maximum Grant (USD) | 1,000,000 | 900,000 | 800,000 | 650,000 | 500,000 |
Full-scale projects should be submitted by February 25 2021, without extension.
Mini-scale and Feasibility Study Project may be submitted year-round, without a deadline.
Note: All project proposals should be jointly written in English and submitted to KORIL offices simultaneously by Korean and Israeli companies together and to the Israel Innovation Authority online system by 12:00 IST (by the Israeli partner) – 19:00KST
The proposals should be submitted via e-mail: uwonj@koril.org, Ella.Heller@innovationisrael.org.il, and cc your partner company’s e-mail address.
For the uploading procedure in the Israel Innovation Authority online system kindly see the attachment
below.
Guidelines and forms are available here: https://koril.org/en/procedures/forms.php
Please feel free to contact us to discuss your proposal.
*Korea Office: Youwon Jeong, Industry Analyst
- Tel: +82-2-6009-8248
- E-mail: uwonj@koril.org
*Israel Office: Ella Heller, Israel Manager
- Tel: +972-3-5118143
- E-mail: Ella.Heller@innovationisrael.org.il