Since 2015 Commission for Technology and Innovation (CTI), since 1 January 2018 Innosuisse, and Korean Institute for Advancement of Technology (KIAT) belonging to the Ministry of Trade, Industry and Energy (MOTIE) established a bilateral funding program open to consortia of research institutions and companies from Switzerland and Korea cooperating on an innovative project.

 

The bilateral funding is intended to support:

  • Companies and research institutions in Switzerland and South Korea (consortia) looking to carry out a joint science-based innovation project
  • Swiss companies which see South Korea as a major overseas market and Asian research location and which want to derive maximum benefit from KIAT and CTI/Innosuisse funding.
  • The criteria for the applicants are the following:
  • The basic requirements for setting up a consortium must be met; in particular, the skills and expertise of the Swiss and South Korean partners should be complementary.
  • Minimum requirement 1 research institution, 1 Swiss company, and 1 Korean company
  • The planned project brings benefits to the project partners in both countries.
  • The planned innovation project is clearly market-oriented.

 

FACTS :

 

  • 2017: a Korean delegation of 19 people led by the STO and the KIAT visited Switzerland to strengthen R&D Partnerships in biotech and medtech with companies and professors from Universities. CTI organized the programs.

[APL1]To add number of projects sponsored and perhaps titles