Grants and funding

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

  • Building cultural understanding
  • Reciprocal Australian and Korean studies
  • Technological and scientific innovation
  • Trade diplomacy and geopolitics

Frequency of grant rounds

Generally, the AKF will conduct one major grant round each financial year, advertised on the AKF website and facebook page. Applications will be received February-April for projects in the following financial year. If further funding becomes available, a subsequent 'inter-sessional' grant round may be held within the financial year.

Timelines

Opening date Early February
Closing date for submitting applications Early April
Unsuccessful applicants notified Early July
Successful applicants notified Early July
Processing of grant agreements for successful applicants Late July

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.

2017 grant guidelines

 

Last Updated: 3 February 2017