The Technical Accelerator Award (TAA) supports early-stage projects developing proof-of-concept or additional scientific results that can be used to support later-stage product development projects.
The Product Development Award (PDA) is supports late-stage product development projects, in development stages of Phase I and onward.

While the target disease areas and investment priorities of the two Awards are the same, the Awards differ in details as the table below.
Please also refer to the RFP FAQ for frequent inquiries and according responses.

	Technical Accelerator Award	Product Development Award
Development Stage	Proof of Concept*/Preclinical	Phase I and onward
Project duration	Up to 24 months	Up to 36 months
Project budget	Up to 500 million KRW	Up to 50% of total project cost (4 billion KRW max.)
Call Frequency**	Twice a year	Once a year

*Scientific verification of an innovative idea prior to a bigger development plan
**Schedule may be subject to change