Seoul BIRD Program Participation Company Recruitment and Support Plan Announcement
Supports the entire R&D cycle with up to KRW 400 million in grants and over KRW 3.2 billion in combined guarantee and investment linkage.
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This program supports the full R&D lifecycle (Pre-R&D, R&D, Post-R&D) in collaboration with the Seoul Business Agency (SBA) and Korea Credit Guarantee Fund (KODIT). Stage 1 offers up to KRW 200 million in guarantees, while selected companies can receive up to KRW 400 million in grants for Stage 2 and up to KRW 3 billion in guarantees for Stage 3. Applications are submitted online via the KODIT website.
3-second summary
- Organizer: Seoul Business Agency (SBA)
- Scale: Approx. 25 companies for Stage 1, 15 for Stage 2, 10 for Stage 3
- Stage 1 Support: KRW 200 million guarantee
- Stage 2 Support: Up to KRW 400 million grant (up to 2 years)
- Stage 3 Support: Up to KRW 3 billion guarantee
Eligibility checklist
- Companies recommended and finally selected for R&D projects
- Companies not subject to KODIT's guarantee handling restrictions or restricted industries
- Companies without disqualifying factors in responsible management review
- Companies using guarantees from Korea Credit Guarantee Fund or Regional Credit Guarantee Foundations must submit a recommendation letter
Schedule & how to apply
- Application/Acceptance Period: Jan 20, 2025 - Feb 7, 2025
- Announcement: Dec 2024
- Application Method: Online application via KODIT website (https://www.kibo.or.kr)
- 1st Evaluation (Document Review): Feb 2025
- 2nd Evaluation (Expert Committee): Feb 2025
- Final Evaluation (Tech Assessment/Guarantee Review): End of Mar 2025
- Guarantee Support & Stage 2 Recommendation: End of Mar 2025
Recommended for
- Recommended for startup to growth-stage company representatives who have received recommendations from KODIT for R&D projects.
Frequently asked questions
Who is eligible to apply?
Eligibility requirements: Companies recommended and finally selected for R&D projects; Companies not subject to KODIT's guarantee handling restrictions or restricted industries; Companies without disqualifying factors in responsible management review; Companies using guarantees from Korea Credit Guarantee Fund or Regional Credit Guarantee Foundations must submit a recommendation letter.
How do I apply?
Applications follow the official program notice, which is in Korean. See the source link for the method and receiving office; Beaconoi can prepare an English draft for your review.
Which organization runs this program?
This program is administered by Seoul Business Agency (SBA).
Last updated · Source: Seoul Business Agency (SBA) — official notice
※ Program information is compiled from each institution’s public sources; actual eligibility, amounts and deadlines may change. Always verify against the official notice (in Korean) before applying.