The What:
The KORIL supports joint R&D and pilot projects between Israeli and Korean companies, aiming to foster technological innovation and growth.
For whom:
Ideal for Israeli and Korean companies—from startups to established firms—engaged in industrial R&D looking to co-develop innovative products, services, or processes.
The deadline: November 20, 2024
Project’s scope- Projects should focus on developing innovative technologies with substantial R&D activities and a clear path to commercialization and scalability.
The fine print:
- Funding: Up to 50% of eligible R&D costs.
- Eligibility: Requires collaboration between Israeli and Korean companies.\
- Proposal: Must outline the project's innovation, R&D activities, and potential impact.
- Evaluation: Based on innovation, economic potential, and collaboration feasibility.