South Korea: KIAT

Name of Funding agency

Korea Institute for Advancement of Technology (KIAT)

Geographical coverage (national/regional)

National

Name of the programme/initiative

International Industrial Technology Cooperation Program of MOTIE

Programme website

www.kiat.or.kr

Programme owner

Ministry of Trade, Industry and Energy (MOTIE)

Program manager (executing funding organisation)

KIAT

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

Youngji TAK, Director of KIAT Europe office: yjtak@kiat.or.kr / + 32 493-37-95-11
Sohyeon LEE, Researcher : sy27@kiat.or.kr / (+82)-2-6009-3765

Funding commitment

1 Million Euros

Anticipated number of fundable research partners

No hard limit on the number of Korean research partners participating in a M-ERA.NET project

Maximum funding per grant awarded to a partner

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

(Approx. 340,000 EUR/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, 50% for Mid-tier companies, 33% for Large companies, and 100% for Non-profit organizations (Universities, Governmental Research Institutes)

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

- Korean companies, non-profit research institutes and universities are eligible to request funding

- At least one Korean company(private) should be included in the Korean consortium

- All participating Korean companies must have been in business for more than 1 year as of the date indicated on the business registration certificate

- All participating Korean companies should have obtained the “Corporate R&D Centre Accreditation” issued by KOITA(Korea Industrial Technology Association)

- Project funding is comprised of government contribution(grants) and civilian dues (cash and in-kind)

Classification	Share of government contribution	Minimum required share of Cash from the civilian dues
Large Company	Up to 33%	At least 15%
Mid-tier Company	Up to 50%	At least 13%
SME	Up to 67%	At least 10%
Other (non-profit)	Up to 100%	Only if necessary

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

- Korean consortium should contact KIAT after submitting the Pre-proposal via M-ERA.NET submission platform

- Only selected Full-proposals will be invited to submit the national application

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

Korean consortium should submit the annual progress report and financial report. Final report should be submitted within 3 months after completing the project.

Further guidance