Centralized Research Fund Management

A system through which the POSTECH Research and Business Development Foundation directly receives, manages, and settles research funds for all research projects conducted at the university

Under the centralized research fund management system, research funds are managed through an integrated institutional framework by the POSTECH Research and Business Development Foundation, rather than by individual researchers or departments.
This system enhances transparency in fund execution and supports researchers so they can focus on their research without administrative burdens.

Ensuring Transparency

The POSTECH Research and Business Development Foundation manages the entire process of research fund income and expenditure, systematically records execution details, and responds reliably to audits and settlements required by funding agencies.

Improving Efficiency

By taking charge of research fund-related administrative procedures, the Foundation applies consistent standards 
from project award to final settlement and concentrates 
the university’s research administration capabilities.

Protecting Researchers

The Foundation shares 
accounting and administrative responsibilities and provides institution-level support for regulatory compliance, allowing principal investigators to focus 
on their core research.

Scope of Management

Research Funds Subject to Management

All academic research funds and research service funds provided to POSTECH researchers by external funding agencies, including government ministries, local governments, public institutions, companies, and foundations.
  • National R&D Projects

    Research projects funded by government ministries such as the Ministry of Science and ICT, the Ministry of Education, and the Ministry of Trade, Industry and Energy.

  • Industry-Commissioned and Joint Research

    Research service projects and joint technology development projects conducted in collaboration with industry partners.

  • International Collaborative Research

    International collaborative research projects conducted with overseas institutions or governments.

  • Private Foundation Grants

    Research funds supported by private research foundations and academic organizations.

Centralized Research Fund Management Workflow

Flowchart of the research project process categorized by Funding Agency, Principal Investigator, Research Support Team, and Finance and Accounting Team. 1. Funding Agency: Research project announcement. 2. Research Support Team: Announcement of research projects on POVIS. 3. Principal Investigator: Preparation and submission of project application. 4. Research Support Team: Institutional approval of project application. 5. Funding Agency: Review of applications and notification of project selection. 6. Principal Investigator: Preparation and submission of agreement plan. 7. Research Support Team: Execution of agreement and institutional approval of final agreement plan. 8. Research Support Team: Request for research fund payment. 9. Funding Agency: Completion of agreement and disbursement of research funds. 10. Principal Investigator: Request for project creation. 11. Research Support Team: Project creation in POVIS and deposit clearing. 12. Research Support Team: Finalization of execution budget and project setup. 13. Principal Investigator: Registration of participating researchers. 14. Principal Investigator: Issuance of research fund card and expenditure resolution. 15. Finance and Accounting Team: Voucher review and research fund disbursement. 16. Research Support Team: Research fund settlement and submission of expenditure report. 17. Funding Agency: Receipt of final report and completion of evaluation process. 18. Funding Agency: Confirmation of settlement and notification of recoverable amounts. 19. Research Support Team: Return of recoverable amounts.