France and South Korea call for R&D projects

• France
• South Korea

Call for projects opens: 1 April 2024

Deadline: 5 July 2024 at 14:00 CEST

Ministries and funding agencies make funding decisions: End September 2024

Projects start: Beginning October 2024

France (Bpifrance) funding

Bpifrance has an open budget for this call for projects.

French participants can receive a loan of up to 3 million euro.

• 80% of eligible project costs for startups and SMEs
• 60% of eligible project costs for midcap and large companies

Companies with more than 2000 FTEs are not eligible for funding but can self-fund their project costs. Deeptech projects may be eligible for alternative funding called ADD.

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South Korea (Korea Institute for Advancement of Technology) funding

The Korean budget provided by the Ministry of Trade, Industry and Energy (MOTIE) and managed by KIAT is open to all applications from companies with registered R&D laboratories, research institutes and universities.

KIAT has an open budget for this call for projects.

Korean participants can receive a grant of up to 500,000,000 South Korean won (approximately 370,000 euro with an exchange rate of ₩1.35/€ 1) each year.

Project funding comprises government grants and civilian dues (cash and in-kind).

The amount of funding will vary depending on the type of organisations and project in accordance with Article 24 (funding criteria) and Article 25 (civilian dues) of the Common Operational Regulations for the Industrial Technology Innovation Programs.

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Each ministry or funding agency will fund organisations according to local laws, rules, procedures and available budget.

If your ministry or funding agency does not have funding for organisations like yours, you can still join a project. Contact your ministry or funding agency for information about other funding options or self-funding.

Eureka has eligibility criteria for organisations participating in a Network projects R&D project:

• Your project idea must represent international cooperation in the form of a specific project.
• You must direct your project towards researching or developing an innovative product, process or service with the goal of commercialising your project results.
• Your project must have a civilian purpose.
• Your consortium must include organisations based in at least two Eureka countries or regions.
• No single organisation or country can be responsible for more than 70% of the project budget.

This call for projects has additional criteria for organisations to be eligible to receive funding:

• The duration of your project must not exceed 36 months.

South Korea (Korea Institute for Advancement of Technology) eligibility

• Your project consortium must include at least one company (private enterprise); research institutes and universities can also participate.
• Korean companies should have been in operation for more than one year after establishment; your company must have a Corporate R&D Centre Certification issued by the Korean government (Korea Industrial Technology Association).
• Korean organisations must meet all eligibility criteria in accordance with local regulations.

We will review your R&D project application according to our evaluation criteria.

1. Impact

• Is the market properly addressed (i.e. size, access and risks)?
• Is the value creation properly addressed (i.e. employment opportunities and environmental and societal benefits)?
• What are the competitive advantages of your project (i.e. strategic importance, enhanced capabilities and visibility)?
• Are your commercialisation plans clear and realistic (i.e. return on investment, geographic and sectoral impact)?

2. Excellence

• What is the degree of innovation? (i.e. is the proposed product, process or service state-of-the-art? Is there sufficient technological maturity and risk)?
• How would you use new knowledge?
• Is your project scientifically and technically challenging for consortium partners?
• Is the technical achievability and risk properly addressed?

3. Quality and efficiency of implementation

• What is the quality of your consortium (i.e. balance of the partnership and technological, managerial and financial capabilities of each partner)?
• Is there added value through international cooperation
• Is your project management and planning realistic and clearly defined (i.e. methodology, planning approach, milestones and deliverables)?
• Is your cost structure reasonable (i.e. costs and financial commitment for each consortium partner)?

4. Overall perception

Experts will list three positive and negative points about your application and state whether they recommend your project for public funding.

Your ministry or funding agency may carry out another evaluation according to national or regional rules before allocating funding to organisations.

Funding will only be provided to projects that receive a positive evaluation from all relevant national or regional ministries and funding agencies.

1. Contact your ministry or funding agency through Eureka’s website to discuss your project idea, finances, eligibility and procedures.
2. Create an account on our application portal (one per project) and select the funding opportunity you want to apply to.
3. Use the portal and complete one application form per consortium (in English). Invite other partners to fill out a partner form.
4. Submit a GANTT chart, a signed co-signature form (available to download on the portal) and any other required attachments.
5. We will check your application is complete and eligible before evaluating it. If successful, your project will receive a Eureka label.
6. We evaluate project applications to determine if your ministry or funding agency should grant funding. Your ministry or funding agency may conduct another evaluation performed by experts and based on national regulations.
7. The final step is to complete and sign a consortium agreement. We recommend that you seek legal advice when drafting your consortium agreement.

France (Bpifrance) has additional steps for applying:

1. Contact Bpifrance to discuss your project and check your eligibility.
2. Submit your national application on 5 July 2024 on Bpifrance’s En Ligne platform.

South Korea (KIAT) has additional steps for applying:

1. Submit a national application through KIAT’s Project Advanced Smart System, including Eureka’s application form (in English) before 5 July at 16:00 (KST).
2. The total costs for each of the partners in your consortium should be reflected in your Eureka (SmartSimple) application and match your national application.
3. Additional documents in Korean language, containing detailed information on the Korean participants, could be asked for depending on the type of funding your company requests.

Webinar Network projects call between France and South Korea- 6 May, 10:00 AM CEST

Register here

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