KORIL-RDF R&D Project
Funds Korean-Israeli collaboration teams into commercial industrial prototypes and demonstrations.
Eligibility · Israel, South Korea
The Korea-Israel Industrial R&D Foundation (KORIL-RDF) R&D Project is the standard multi-year track of KORIL's bilateral program, established in 2001 under the joint governance of Korea's Ministry of Trade, Industry & Energy (MOTIE) and Israel's Ministry of Economy & Industry. It funds joint Korean-Israeli industrial R&D aimed at developing a commercializable product, with both countries contributing approximately USD 2 million per year to the shared fund. The R&D Project track is KORIL's primary vehicle for sustained technical collaboration between the two countries' private sectors.
Maximum funding is USD 3 million per project over up to 24 months, with KORIL covering 30–50% of direct R&D costs — the partnership covers the remaining 50–70%. Applications are submitted in twice-yearly windows. One private company registered in Korea and one registered in Israel must apply simultaneously and independently through their respective national portals: the Israel Innovation Authority (IIA) for Israeli companies and KIAT for Korean companies. Joint commercialization planning is a required element of the application. Awards are structured as recoverable advances: if the joint product generates commercial revenues, both companies repay the advance as royalties. Only civilian technology sectors are eligible.
Given the 24-month timeline and USD 3M ceiling, the R&D Project track is suited for companies that have moved beyond conceptual feasibility — either through KORIL's own Feasibility track or through prior bilateral collaboration — and are ready to execute a defined development roadmap. The strongest applications present a joint product concept with identified market opportunity, clearly allocated work packages between the two national partners, and a realistic commercialization timeline. Applicants should account for the royalty repayment obligation in their business models.
Funds multi-year joint industrial R&D projects between paired Korean and Israeli private companies in any civilian technology sector, targeting development of a jointly commercializable product.
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