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KORIL Procedures Project in Progress

  • Project
    In
    Progress
  • Signing Funding Agreement & Disbursal of 1st Grant
  • 화살표
  • Submission of Interim Report
  • 화살표
  • Evaluation of Interim Report & Disbursal of 2nd Grant
  • 화살표
  • Completion of Project & Submission of Final Report
  • 화살표
  • Evaluation of Final Report & Disbursal of Final Grant
Technical Report Cover Page 파일
Interim Technical Report 파일
Final Technical Report 파일
Fiscal Report Cover Page 파일
Fiscal Report Form 파일

Project in Progress

  • Funding
    Agreement
  • Disbursal of
    1st grant
  • Submission of
    interim report
  • Evaluation of
    interim report
    and disbursal of
    2nd grant
  • Completion of
    project
  • Submission of
    final report
  • Evaluation of
    final report and
    disbursal of
    final grant
  • Submission of
    commercialization
    report

Disrbursal of 1st grant

Approved grant is disbursed three times a year and the first payment of the grant shall not exceed 40% of total
approved project budget.

Submission of interm report (Only applicable for full-scale project)

An interm report form can be downloaded from KORIL Guidelines & Forms and submitted via e-mail.

 Interim reports should include both techinical reports and fiscal reports.

 The purpose of the technical rerport is to enable KORIL-RDF to monitor project progress, and to justify any
adjustments or modifications incurred by the project to the original work plan; furthermore, to provide KORIL-RDF
a viable basis for continued disbursement of the grant award.

 The purpose of the fiscal reports is to enable KORIL-RDF to monitor actual expenditures on the project and to assist
in decisions relating to the continued funding of the project.

 The technical and and fiscal reports for interm evaluation are to be submitted within 30 days following the expiration
of the interim segment of the project. The interm segment is the mid way point of the entire project period. In the
case of projects, which exceed 2 years, submission of the interm reports should be within 60 days of the ending of
the interim segment.

Evaluation of interm report and disbursal of 2nd grant (Only applicable for full-scale project)

After interm reports are evaluated by experts and KORIL-RDF, 30% of the 2nd grant is disbursed.

Submission of final report

A final report form can be downloaded from KORIL Guidelines & Forms and should be submitted via e-mail. Final
reports are to be submitted within 60 days following the completion of project.

Evaluation of final report and disbursal of final grant

After final reports are evaluated by experts and KORIL-RDF, 30% of the final grant is disbursed.

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