South Korea call for projects

• South Korea

South Korean deadlines:

• (1st deadline) 30 April 2024 at 16:00 Korea Standard Time
• (2nd deadline) 30 September 2024 at 16:00 Korea Standard Time

When submitting your Korean national application via K-PASS, the Korean consortium must include the Eureka application (in English) that was submitted via the SmartSimple platform as a pdf.

Eureka has limited eligibility criteria for organisations participating in a Network projects consortium:

• Your project idea must represent international cooperation in the form of a specific project.
• The project must be directed at researching or developing an innovative product, process or service with the goal of commercialisation.
• The project must have a civilian purpose.
• Your consortium must include at least one South Korea-based company and one organization from one of the Eureka countries.
• No single organisation or country can be responsible for more than 70% of the project budget.

KIAT has additional criteria for South Korean organisations to be eligible to receive funding:

• Korean consortium must include at least one company (private enterprise).
• Research institutes or universities are welcomed as additional participants.
• Korean company should be in operation for more than one year after establishment and the company is required to have a ‘Corporate R&D Centre Certification’ issued by the Korean Government (Korea Industrial Technology Association).
• Every Korean organisation must meet all eligibility criteria in accordance with the domestic regulations, or it might be rejected.

Industry and Energy (MOTIE) and managed by KIAT is open to all applications from companies with registered R&D laboratories, research institutes and universities.

• The funding amount is up to KRW 500,000,000 (approximately € 370,000 with an exchange rate of ₩1,350/€ 1, quoted for illustrative purposes) annually.
• The maximum duration of the project is 3 years.
• Project funding comprises government grants and civilian dues (cash and in-kind).
• The amount of government grants will vary depending on the type of executing 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.
• The total costs for each of the partners in the consortium should also be reflected in the Eureka (SmartSimple) application and match the national application.

Your project application will be reviewed according to our Network projects evaluation methodology.

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, geographical 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 is the new knowledge going to be used?
• 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
Your national funding body carry out a further evaluation (performed by the national project coordinator and technical experts) according to national rules before allocating funds to successful applicants.

1. Contact your national funding body using the form below to discuss your project idea, financial viability, eligibility and national procedures.
2. Create an account on our application portal (one per consortium) and select the funding opportunity you want to apply to.
3. Using the portal, complete one application form per consortium (in English) and invite other consortium partners to fill in a partner form.
4. Upload a GANTT chart (one per consortium), a signed and completed co-signature form (which you can download from the platform) and any additional required annexes.
5. Your application will be checked for completeness and eligibility before being reviewed using a standard evaluation procedure. If successful, your project will receive a Eureka label.
6. Your national funding body may carry out a further evaluation (performed by the national contact and technical experts) according to national rules before allocating funds to successful applicants.
7. The final step is to complete and sign a consortium agreement. We recommend that you seek legal advice when drafting your consortium agreement.

For South Korean applicants only:

South Korea participants will have to submit a formal national application through KIAT Project Advanced Smart System, including the Eureka application form (in English).

The first deadline is 30 April 2024 at 16:00 (Korea Standard Time).

The second deadline is 30 September 2024 at 16:00 (Korea Standard Time).

Additional documents in Korean language, containing detailed information on the Korean participants, could be requested depending on the specific type of funding request made by the company.

• south-korea-call-for-projects-2024

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