KEIT Materials, Components, and Equipment R&D Grant
Funds Korean industry consortia building next-generation materials, components, and equipment solutions.
The KEIT Materials, Components, and Equipment R&D Grant is a recurring industrial research program administered by the Korea Evaluation Institute of Industrial Technology (KEIT) under the Ministry of Trade, Industry, and Energy (MOTIE). KEIT serves as Korea's specialized government agency for planning, evaluating, and managing national industrial technology R&D programs, and the materials portfolio targets the sectors central to Korea's industrial supply-chain resilience: advanced materials and specialty chemicals, precision components, machinery and equipment, and electronic parts. MOTIE strategic priorities guide annual thematic focus, with current emphasis on semiconductors-adjacent materials, advanced packaging substrates, and high-precision manufacturing equipment.
Project-level grants typically range from KRW 500 million to KRW 5 billion per year per project, with multi-year projects continuing subject to successful annual evaluation. The 2026 KEIT programme budget for this thematic area is KRW 1,718.25 billion (approximately USD 1.145 billion at March 2026 reference rates), making it the largest single thematic allocation in KEIT's portfolio. Eligible primary recipients are Korean-registered for-profit companies; research institutes such as KIST, KITECH, and KIMS, and universities including Seoul National University, KAIST, and POSTECH participate as consortium partners. Industry co-funding of approximately 30 percent of total project cost is typical. TRL range at entry is 4–8.
Applications are submitted through annual Korean-language solicitation rounds coordinated by KEIT. Consortia are evaluated on technical feasibility, alignment with MOTIE strategic priorities, commercialization potential, and the track record of consortium members. International participation is possible through KEIT's global open innovation programs, including a 2025 MOU with Mitacs (Canada) covering joint calls in advanced materials, among other sectors. English-language summaries of current programs are available at keit.re.kr/eng/.
Korean industrial R&D in advanced materials, components, machinery and equipment, and electronic parts. Strategic priority sectors for MOTIE include semiconductors-adjacent materials, advanced packaging substrates, and equipment for high-end manufacturing.
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