The Australia-Korea Foundation (AKF) seeks to strengthen the Australia-Korea relationship in ways that enhance mutual understanding and people-to-people links.

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, collaborations and people-to-people links (including with diaspora) in areas of shared interest in the bilateral, regional and global context.
• increase Australians' ability to effectively engage with Korea and Koreans' ability to effectively engage with Australia

For this grant opportunity, up to $850,000 is available in financial year 2026-27 for one-year grants and multi-year grants (up to three years). Indexation is not applied to multi-year grants. All payments will be GST exclusive.

       The minimum grant amount is $50,000.

       The maximum grant amount is $150,000.

Multi-year grants may be considered in exceptional circumstances where a project addresses a specific need, demonstrates larger scale partnership and collaboration, is sustainable and has potential for a strong Australia-Korea relationship over a number of years.

Co-contributions (in-kind and/or cash) from applicants and other parties strengthen an application and are strongly encouraged.

Successful applicants may be offered a lower amount of funding than requested. Applicants will be given an opportunity to decide whether they wish to accept any reduced funding.

We encourage you to apply with a realistic budget and to consider other funding sources, along with an alternate plan to demonstrate how the project would continue to meet AKF objectives should we offer partial funding only.

To be eligible you must:

• be one of the following:
  • an Australian entity with an Australian Business Number (ABN), Australian Company Number (ACN), or Indigenous Corporation Number (ICN)
  • an Australian consortium with a lead organisation
  • an Australian registered charity or not-for-profit organisation
  • an Australian local government body
  • an Australian State/Territory government body
  • a Corporate Commonwealth Entity
  • an Australian statutory authority
  • an Australian citizen or permanent resident of Australia
  • a citizen of the Republic of Korea
  • an organisation in the Republic of Korea
• be located in Australia or the Republic of Korea
• be aged at least 18 years if you are submitting an application as an individual or if you are the primary contact of the organisation that is submitting an application

Applications from consortia are acceptable, provided you have a lead applicant who is the main driver of the project and is eligible as per the list above. 

Individuals who intend the grant to be administered by a university or other tertiary institution should list their institution as the applicant.

• Address: PO Box 6060 KINGSTON 2604 ACT
• Phone: (02) 6261 3869
• Email: australia.korea@dfat.gov.au