KEIT Materials, Components, and Equipment Program

KEIT's Materials, Components, and Equipment Program is South Korea's largest industrial-technology R&D track by budget. The 2026 envelope is KRW 1,718.25 billion, about USD 1.145 billion at a 1,500 won to the dollar reference rate, and the track accounts for roughly 41 percent of KEIT's industrial R&D envelope. It focuses on materials-components technology, machinery and equipment, and electronic parts. Awards typically run from KRW 500 million to KRW 5 billion a year per project, with a median actual award of KRW 1.5 billion. The program is consortium-driven, usually bringing together Korean companies, research institutes, and universities, and it requires a 30 percent match. Applicants should be able to work in Korean and operate from Korea. KEIT uses annual rounds and backs projects that strengthen industrial competitiveness, supply-chain resilience, and market-leading technology in key manufacturing domains. The strongest proposals are collaborative, technically mature enough for TRL 4 to 8, and easy to position within Korea's industrial policy priorities. This is a fit for established teams that can manage a large consortium and a multi-year development plan.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.