Overview
Korea Israel Industrial R&D Foundation (KORIL-RDF) opt to
support a leading R&D project in the field of Strategic
Sector reflecting the industrial trend and future vision of both
governments.
The objective of Lighthouse Program
is to combine forces Industry and Academia in joint R&D to
achieve a significant breakthrough in the field of Strategic
Sector, in the sub- segments in which both countries possess
complementary skills & R&D demands.
Criteria of the program
- Must be in one of the following subjects in Strategic Sector
- Must have at least one research institute and one industrial company from each side. a Max. of 3 entities from each side
- Total project duration is up to 3 years
- Research institutes/Academia a sub-contractor. Max of 30% of the company's budget.
- At least 30% of the total budget must be spent in Israel/Korea
- The relevant TRL stages for the project are from 3/4 to 7/8
Lighthouse program
| Method | Top-down + Bottom-up |
|---|---|
| Sector | Strategic Sector in chosen sub-segments |
| Eligibility | Industry-academia consortium (2 or 3) x (2 or 3) No more than 6 entities in total (Academy as a partner in the consortium up to 30% of the budget) |
| Period of project | up to 3 years |
| Grant size | 30~50% of total budget Max. 5M USD |
| Proposal Evaluation | On-site interview by local evaluator(s) final decision by Board |
| Reports | Extended Interim/Final reports In 4 periods |
| TRL | TRL 3/4-7/8 |
