Singapore–South Korea Joint R&D Call

For local startups/ SMEs to partner with Korea companies on joint innovation projects for R&D, commercialisation and business expansion.

For Singapore companies, up to 70% of project costs may be supported. Singapore enterprises and their Korea counterpart(s) should put in a joint application for the proposal to be considered.

About this programme

The Singapore-South Korea Joint R&D Call is jointly administered by Enterprise Singapore and the Korea Institute for Advancement of Technology. This programme aims to encourage the development of ready-to-market solutions for products, technology-based services or methods that have strong commercial potential.

Singapore companies keen to embark on joint innovation projects with Korea companies can now receive support by participating in a joint call for proposals for Singapore-South Korea technological R&D projects.

About the Korea Institute for Advancement of Technology (KIAT)

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.

Eligibility

The project consortium must involve at least one company from Singapore and one company from South Korea. Both companies should be independent from each other. Each project partner should contribute no more than 70% of the total project contribution.

All Singapore companies must meet all of the following eligibility criteria in order to apply:

  • Business entity registered and operating in Singapore
  • Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
  • Company is financially ready to start and complete the project
  • Companies must cooperate on a joint innovation project that will focus on developing innovative products and applications within civilian purposes.

Apply

Applications for the Singapore–South Korea Joint R&D Call are currently closed. Interested companies can register your interest here to be notified when the next call opens.

Singapore–South Korea Joint R&D Call