2024.02

• 45 meetings of the Board of Directors were held in total and 206 Korea-Israel joint R&D projects were approved and supported.

2022.08

• Each country’s annual contribution was increased to USD 4 million, a total of USD 8 million per year.

2019.07

• The President of Israel visited Korea and taking this opportunity, the Declaration for the Lighthouse Program for technology cooperation in the strategic industry field was signed.

2013.08

• Each country’s annual contribution was increased to USD 2 million, a total of USD 4 million per year.

2004.05

• Each country’s annual contribution was increased to USD 1.5 million, a total of USD 3 million per year.

2001.07

• The founding board of directors was held in Tel Aviv, Israel.

2001.05

• KORIL-RDF established.

1998.11

• Agreement on Bilateral Cooperation in Private Sector Industrial Research and Development between the Government of the Republic of Korea and the Government of the State of Israel was signed by two Governments.
• Each country’s annual contribution to the KORIL Fund was USD 1 million, a total of USD 2 million per year.

1997.08

• The Prime Minister of Israel visited Korea and agreed to establish the ｢Korea-Israel Industrial R&D Fund in the summit.