Office of Public Affairs
TECHNOLOGY
Tel: (852) 358 6316 Fax: (852) 358 0537
For Immediate Release 11 July 1994
HKUST Faculty Awarded $50.1 Million for Research
In its fourth year of providing competitive research grants, Hong Kong’s Research Grants Council (RGC) has awarded $50.1 million to 106 projects submitted by the faculty members of the Hong Kong University of Science and Technology.
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This represents a 250% increase over the previous year in both the number of projects supported and total funding - categories in which HKUST now leads all other Hong Kong tertiary institutions.
Furthermore, there was an indication that this year’s outcome could have been even more impressive than it was. The RGC, for the first time, revealed that a significant number of proposals received a high rating but were not supported due to a lack of funds. Twenty-seven such proposals were identified - more than the total number of successful proposals just two years ago - with the recommendation that they be considered for University funding.
This year, unrestricted by a quota for the first time, HKUST submitted 164 proposals, up from 61 the previous year. And, as in 1993, the RGC awarded funds to about two-thirds of the submissions, the highest success rate among Hong Kong tertiary institutions. Next year, the number of proposals is expected to rise even further as the size of HKUST’s faculty continues to grow.
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“The University did do well compared to other institutions,” said Professor Eugene Wong, Pro-Vice-Chancellor for Research and Development. “There are some signs that the grants are becoming more competitive, which is to be welcomed, not shunned. For a young institution such as this, there is a real need for disciplines and challenge, and there is nothing like competition to create these qualities.”
(Direct Enquiries to the Office of Public Affairs at tel: 358 6320 or pager 1163388 call 2652).
