RIGHT FUND RFP
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 |
**Schedule may be subject to change
Eligible Development Stages
