News & Views
Grant Support for Partnerships in South Korea
Feb 23 2022
A new UK-South Korea collaborative research and development (CR&D) funding competition has been opened by Innovate UK in partnership with the Korean Institute for Advancement of Technology (KIAT).
UK-registered businesses can apply for a share of up to £2 million for developing innovative industrial research proposals with a partner from South Korea and a focus on one or more of the following sectors:
- Advanced manufacturing and materials
- Artificial intelligence
- Clean energy, specifically; battery technologies, hydrogen mobility technologies, future vehicles.
UK applicants can apply for a maximum grant of up to £350,000 for each project. Applications close on July 6, 11.00am with applicants notified on Sept 2.
This follows on from the announcement in January of a similar funding competition structure for investment with projects in partnership with Enterprise Singapore (ESG) which is open until April 20 11.00 am. This covers projects in:
- Advanced manufacturing and materials
- Agrifood tech
- Mobility and transport
- Cybersecurity
- Health and life sciences
David Golding, Innovate UK’s interim deputy director, global said:
“South Korea is a global leader in sectors such as telecommunications, electronics, transportation and materials,” said David Goulding, Innovate UK’s interim global, deputy director.
“This opportunity, coupled with the one Innovate UK launched with ESG in January, is part of a longer-term, more strategic approach, with both countries, allowing the best of British innovators to team up with their counterparts in two of Asia’s most technologically-advanced nations.”
More information online
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