500,000. Furthermore, the process of ratification for increasing the annual contribution of both governments is under
process. As soon as the ratification is finalized, the amount of annual contribution will be USD 4 million.
In addition, the directors approved new project grant award criteria as the maximum project grant sizes is increased.
The grant percentage of funding criteria will be applied from the next BOD round.
New KORIL Grant award criteria up to:
|Overall evaluation grade||A||B+||B||B-||C||D|
|Maximum grant (USD)||1,000,000||900,000||800,000||650,000||500,000||-|
For more details please contact us.
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