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Grants and funding

Reopened 2020-21 grant round

The Australia-Korea Foundation has reopened its 2020-21 grant round, which had been suspended earlier in the year.

The Australia- Korea Foundation remains committed to supporting people-to-people and institutional engagement between Australia and Korea.

We thank applicants for their interest and encourage them to consider resubmitting applications.

Objectives

The objectives of the Australian-Korea Foundation (AKF) are to:

  • increase public awareness of Australia in Korea, and of Korea in Australia, and the importance of the bilateral relationship
  • develop partnerships in areas of shared interest in the bilateral, regional and global context
  • increase Australians' capacity to effectively engage with Korea.

Key priority areas

  • Strategic international relations
  • Trade and commerce relationships
  • Cross cultural collaborations
  • Technological, scientific and education innovation

Applications for activities that would strengthen cooperation between Australia and Korea to respond to the COVID-19 pandemic would be welcomed.

Frequency of grant rounds

Generally, the AKF will conduct one major grant round each financial year, advertised on the AKF website and Facebook page. If further funding becomes available, a subsequent 'inter-sessional' grant round may be held within the financial year.

Timeline for reopened 2020-21 grant round

  • Opening date - July
  • Closing date for submitting applications - September
  • Unsuccessful applicants notified - December
  • Successful applicants notified- December
  • Processing of grant agreements for successful applicants - December

Grant amount

Grant applications for a minimum of $5,000 or maximum of $40,000 per year up to three years will be considered. It is anticipated that most grants will be between $15,000 and $30,000 per year, depending on the scope of the grant activity and its complexity.

Co-contributions from your Korean partner and other parties strengthen your application.

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