The Treaty was ratified for the purpose of promoting joint industrial R&D collaborations between companies
in Korea and Israel that have potential to develop commercial projects or processes.
KORIL-RDF supports joint projects by disbursing cash grants up to 50% of the eligible R&D cost
to a maximum of USD 500K. These grants are subjected to repayment, up to but not beyond the total
funded amount, should there be commercial revenues arising from the projects.
|
|
 |
|
- 1st Phase KORIL Fund (Completed)
¡¤ Period: 3 years (May 2001 ~ April 2004)
¡¤ Size of fund: USD 1 million from each country, USD 6 million in total
|
|
- 2nd Phase KORIL Fund (Completed)
¡¤ On July 22, 2003, 50% of fund raising and extension of the 2nd phase
KORIL fund was decided. (MOU signed between vice ministers)
¡¤ Period: 3 years (May 2004 ~ April 2007)
¡¤ Size of Fund: USD1.5 million from each country, USD 9 million in total
|
|
- 3th Phase KORIL Fund (In progress)
¡¤ Period: 3 years (May 2007 ~ April 2010)
¡¤ Size of fund: USD 1.5 million from each country, USD 9 million in total
|
|
 |
|
| * Click here to see the list of Approved projects |
|
KORIL FUND > KORIL FUND¶õ?
