Korea/ Israel Joint Industrial R&D projects

KORIL-RDF is a bi-lateral project which supports industrial R&D projects that lead to potential commercialization and contribute to the economic progress of the two countries. They are announcing a new call for proposals:

The call welcomes applications in all technological areas.

Eligibilities:
At least 1 Israeli industrial company +1 Korean Industrial company.
Universities and non-university research establishments in the two countries are invited to participate in the collaborative projects as subcontractors.

Types of Funding:
1. Feasibility Study: Preliminary investigations to determine the technical feasibility or market acceptability of a new product or process concept. Will be funded up to 30,000 $ as its 50% share of the cost of conducting the feasibility project.
2. Mini R&D Project: Two companies (from Korea and Israel) considering a partnership may decide to define an initial project of modest size. The maximum authorized budget for such mini-projects is 200,000 $ or less, and the maximum duration is approximately one year.
3. Full-Scale R&D Project: the total recognized cost is between 200,000 $ and 1,000,000 $ and the 50% KORIL-RDF contribution to the total cost of the project is up to 500,000 $. The maximum duration of such projects is 3 years.

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