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Funder · Foundation

Korea-Israel Industrial R&D Foundation

Funds bilateral Korean and Israeli industrial innovation projects through shared research collaboration and commercialization support.

Annual funding
Programs4
Active grants3
Total grants4

Korea-Israel Industrial R&D Foundation (KORIL-RDF) is a bilateral foundation created in 2001 by Korea’s Ministry of Trade, Industry & Energy and Israel’s Ministry of Economy & Industry. It exists to push joint industrial R&D between Korean and Israeli companies, and its fund is denominated in USD, with both governments contributing an equal annual amount.

The funding model is closer to a recovera

Last verified: 30 May 2026Source: www.koril.org