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UK-South Korea Collaborative R&D (round 2)

Apply before: June 7, 2023

Applications are now open for UK-South Korea Collaborative R&D. Innovate UK, a division of UK Research and Innovation, has partnered with the Korea Institute for Advancement of Technology (KIAT) and Korean Energy Technology Evaluation and Planning (KETEP) to allocate a funding pool of up to £2 million for pioneering innovation projects. This collaborative initiative aims to support and finance research and development (R&D) endeavors led by businesses, emphasizing industrial research. The competition specifically targets the cultivation of inventive proposals that have been jointly formulated by entities from the United Kingdom and South Korea. Through this funding opportunity, the program strives to encourage cross-national cooperation and drive advancements in various industries.

Eligibility

Your UK-South Korea Collaborative R&D project must

  • Have a maximum grant funding request of no more than £500,000.
    UK project partners must carry out the majority of their project work in the UK and intend to exploit the results from or in the UK.
  • The consortium must include at least one business registered in South Korea that is a separate, non-linked entity. Your South Korean partner will not receive any of this UK competition funding. South Korean partners will be funded by either KIAT or KETEP.
  • Each organization will receive funding from its respective national funding body.

Benefits

  • A funding pool of up to £2 million for pioneering innovation projects.

Application Process

  • You must read the guidance on applying for a competition on the Innovation Funding Service before you start.

Before submitting, it is the lead applicant’s responsibility to make sure:

  • That all the information provided in the application is correct your proposal meets the eligibility and scope criteria all sections of the application are marked as complete if collaborative, and all UK partners have completed all assigned sections and accepted the terms and conditions (T&Cs.
  • You can reopen your application once submitted, up until the competition deadline. You must resubmit the application before the competition deadline.

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Theme : Funding
Applicant Country : South Korea, United Kingdom
For more information : Gov.UK

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