Singapore companies keen to embark on joint innovation projects with Korean companies can now receive co-funding support by participating in a joint call for R&D proposals for technological R&D projects between Singapore and South Korea.
This programme aims to encourage the development of ready-to-market solutions for products, technology-based services or methods that have strong commercial potential. EnterpriseSG and the Korea Institute for Advancement of Technology (KIAT) will provide funding support for jointly selected projects.
Applications for the Singapore-South Korea Joint R&D Call are now closed. Interested applicants can submit their interest here to be notified when the next call opens.
The Korea Institute for Advancement of Technology (KIAT) was established in 2009 as a quasi-non-governmental organisation under the South Korean Ministry of Trade, Industry and Energy. Today, it actively promotes and supports innovation in industrial technology via industrial technology policies and the strengthening of the relevant infrastructure in Korea.
The project consortium must involve at least one Singapore company and one Korean company. Companies must cooperate on a joint innovation project that will focus on developing innovative products and applications within civilian purposes.
No company should represent more than 70% of the total budget of the project.
Singapore companies must also meet the following criteria:
Applications for the Singapore-South Korea Joint R&D Call are currently closed. If you are keen to participate in future calls, submit your interest here to be notified when the next call opens.