LTI Korea

International Exchanges

Program
International Exchanges
International Exchange Program
International Exchange Grants

International Exchange Grants

About

We support literary events and activities aimed at expanding international exchange of Korean literature through our open call program.
※ Due to the global impact of COVID-19, LTI Korea is not able to accept any applications for events that require international travel until December 31, 2021.
※ From 2021, the International Exchange Grants Program's screening cycle will be changed from quarterly screening to twice a year. Applications for Korean literature events or activities held in the first half of 2021 should be submitted by January 31, 2021.

: Eligibility
• Organizing committees (or members) of literary festivals/events
• Overseas publishers/agencies organizing Korean author’s promotion
• Overseas higher education institutes for Korean studies
• Translators specializing in Korean literature

Projects

Literary events or activities promoting Korean literature
Publishing special feature on Korean literature
Academic seminars or conferences on Korean literature or translation
Other events or activities related to the globalization of Korean literature

: Support Details
Please see the application kit before applyingWord Excel
1) Application Guideline
2) Application Form
3) Appendix A. Accommodation rate
4) Appendix B. Final Report Form
5) Appendix C. Statement of Acknowledgement
The Grant can be spent on covering direct costs only, e.g. translation, rental or reception fees, and travel costs. It can NOT be spent on covering indirect costs, e.g. personnel expense and software purchase or non-official food costs, e. g. mealplansorbusinessmeals.

: Grant regulations
• The grant sum will be approved in Korean Won.
• The grant sum for any one project cannot exceed KRW 20,000,000(USD 17,000 equivalent).
• Applying organizations should include minimum of 15% self-borne cost in the budget plan.
Organizing parties of literary festivals should cover the honorarium of the Korean author they wish to invite so the authors can stay convenient during the festival.

Required Documents

1Application
- Please provide other supporting documents if necessary: project plan, contracts, promotional materials, letters of invitation
2Final Report: The Final Report is due within 30 daysaffter the event by email.
3Statement of Acknowledgement

Deadlines &Announcements

Deadlines &Announcements
Cycle	Deadline	Announcement of Results
First	January 31	End of February
Second	July 31	End of August

※ From 2021, the International Exchange Grants Program's screening cycle will be changed from quarterly screening to twice a year. Applications for Korean literature events or activities held in the first half of 2021 should be submitted by January 31, 2021.
※ Applications are accepted for forthcoming events only.
※ The deadline closes at 24:00 KST.

: How to Apply
Applications are accepted by email only (exchange@klti.or.kr).

: Selection Criteria
• Viability of the business plan

• Appropriateness of the funding request
• Contribution to the promotion of Korean literature and culture
• Competence of the applicant

: Post-selection Procedures
① The selected candidate will sign a Memorandum of Agreement for the International Exchange Grant with LTI Korea.
② In principle, the grant will be paid in two installments. However, at the discretion of LTI Korea, it may be paid in full in one installment before or after the project.
③ The project must be carried out and completed within the time frame specified on the application. Any change in schedule must be discussed and agreed upon by LTI Korea in advance.
④ A final report and proof of expenditure must be submitted within one month of the completion of the project. The second installment of the grant will be paid as per the report.

Notes

Documents submitted with your application will not be returned.
LTI Korea reserves the right to request modifications or adjustments in the project plan.
The selected candidate must execute the budget in accordance with the amounts and items approved by LTI Korea.
Grantees should submit the Final Report attaching the following documents: 1) Statement of Acknowledgement (See Appendix C) 2) Photocopy of Press Release 3) Event photos 4) Photocopies of receipts.The delay in submitting the Report would result in the deduction of the grant sum.