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KORIL Fund

KORIL R&D Program

Call for KORIL General R&D & Pilot Program 2022 (43rd BOD)

  • Date05/20/2022
  • Deadline
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  • WriterAdministrator

 

 

 

 

KORIL General Program & Pilot Program

2nd Call for Proposal 2022

 

The Ministry of Trade, Industry and Energy (MOTIE), Israel Innovation Authority (IIA) and Korea Israel Industrial R&D Foundation (KORIL-RDF) invite you to submit joint proposals for industrial R&D and pilot projects.

 

These program aims to

1. Improvement of quality and quantity of the joint R&D projects

2. Reflection of technology-development policy of both countries responding to the change of industry and technology  

3. Expansion of commercialization opportunity of technology cooperation

Important Dates

& Deadlines

Opening date:  May 20, 2022

Closing date:  August 25, 2022

Anticipated announcement date of Call for Proposal results:  December 2022 (Tentative)

Participants

Eligibility

R&D cooperation between two, unrelated companies, one registered in Korea and the other in Israel.

The companies should jointly apply for KORIL support.

 

Either company must not have more than 20% shareholding in the partnering company.

 

(The participation of Research institutes/universities is welcome according to the KORIL funding guidelines – as a subcontractor up to 20% of the total project budget.

 

Eligibility Criteria for

Project proposal

All technology Sectors (except defense) 

·         A jointly developed technology or product(s) that shows considerable innovation

·         The project should generate an obvious advantage and added value resulting from the technological cooperation between companies in Korea and Israel.

(New technologies, standardisation, prototyping, new or improves products, access to R&D infrastructure, etc.)

·         At least 30% of the actual R&D work must be done in Korea as well as in Israel.

·         Companies must have the ability to fund the supplementary portion of their project budget

after a grant.

 

Project funding support

Funding for R&D Project :

 

1. KORIL General Program

·         For project costs above USD 100,000 with commercializable product/ technology

·         Project duration up to 3 years (Max).

·         Fund up to US$ 2,000,000 per project or 30% to 50% of the total qualified project cost, whichever is lower.

·         Fund up to 30,000 USD for joint commercialization activities.

 

Funding for Pilot Project:

 

1. KORIL Pilot Program

·         For project to pilot or testbed near-market technologies (e.g. TRL 6-8) with a beta site for the purpose of commercialisation and project duration not more than 1 year.

·         Fund up to US$ 1,000,000 per project or 30% to 50% of the total qualified project cost, whichever is lower.

 

Types of projects to be supported

Two types of projects will be considered for program funding:

 

1.       R&D Project, focused on development of new products, processes or technologies

*TRL 4-6

 

2.       Pilot Project  

supporting the piloting and commercialization of near-market technologies (e.g. TRL 6-8) by 2 or more companies through joint piloting/ testing of the product with specific customers or global market.

 

Evaluation

Criteria

·         Technical Capabilities

·         Financial Capability

·         Commercialization/Marketing Capability

·         Synergy Between Companies

·         Complementarity to each country/Company

·         Level of Innovation/Novelty

·         Potential for Commercialization Success

 

 

Proposal Guidelines and forms are available here: https://koril.org/en/procedures/forms.php

 

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)  18:00KST.

The proposals should be submitted via e-mail: sooahlee@koril.org, Hadar.Zax@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 attachment below.

 

 

Please feel free to contact us to discuss your proposal.

 

KORIL-RDF, Korea Office: 

Sooah Lee, Industry Analyst

- Tel: +82-2-6009-8248

- E-mail: sooahlee@koril.org

 

KORIL-RDF, Israel Office:

Hadar Zax-  Iinternational programs Manager Japan & Australia KORIL Fund Manager

- Tel: +972-3-5118143

- E-mail: Hadar.Zax@innovationisrael.org.il

 

 

 

>> Looking for partners?

 

If you are already having a project idea, and are looking for partners, or you are interested in participating in a project proposal, given your expertise in the field, but haven’t yet formed a project idea or proposal, then please visit KORIL-RDF Webpage : 한국이스라엘산업연구개발재단 (koril.org)

 

>>Do you have an idea to test? Join to KORIL Feasibility program (Feasibility study, pre-R&D)

·         For project cost up to USD 100,000

·         Fund up to US$ 50,000 per project or 50% of the total qualified project cost, whichever is lower.

·         The project term is up to 3 months.

 

How to submit a proposal in the IIA (Israel Innovation Authority) System

 

Proposals for KORIL R&D & Pilot Programs should be prepared and submitted jointly by both companies to KORIL-RDF offices, simultaneously via an e-mail and to the Israel Innovation Authority online system by 12:00 IST on the final submission deadline. Proposals should be written in conformance with, but not limited to, the outline is shown below and should be supported by any relevant official company documentation.

 

The Israeli company needs to register to the IIA system (companies that applied for the IIA’s support before, using the same user) and upload the proposal in the following order:

1.    When requesting to fill the “Track Name” – choose Bilateral Funds (קרנות דו לאומיות)

2.    Fill the obligatory fields in Hebrew (will be marked with a red *)

3.    In article 3 (Proposal details)

·         The Subject of the Proposal: copy the name of the proposal written on the Cover Page of the proposal

·         The start and end date of the project: write the same dates as on the Cover Page

·         Requested budget: the same budget as mentioned in the proposal (in INS)

·         Description of the Project – The same as written in the proposal

·         Project duration (in years) - The same as written in the proposal

·         Current Year of the Project –mention the total years of the proposed project

·         Country of Collaboration – choose KORIL (Korea)

4.    In the attachments:

·         R&D request – upload the proposal (the same proposal that is submitted in the e-mail), in a WORD format

·         Budget – upload the excel budget form

·         Attestation Form – upload the signed Cover Page

·         Extra information and supporting documents (CVs and more) add as “other attachments”

·         If you have more than one project in KORIL or in the IIA, upload the “טופס ריכוז משאבים"

 

After finishing uploading all the information and documents press “End and Send”. the system will provide you a file number – send it to the Israel office of KORIL (Hadar.Zax@innovationisrael.org.il)

 

*The application via the IIA system must be identical to the documents submitted by e-mail. If a difference will be found the proposal will be rejected.