The University Grants Committee (UGC) has announced that a new competitive research funding scheme called the Research Impact Fund would be launched in early 2018 on a pilot basis to encourage more impactful research and foster more collaborative efforts with stakeholders beyond academia. A total of $150 million, representing $50 million in each year in the 2016/17-2018/19 triennium, would be available in the first call for proposal.
To better prepare HKBU faculty members and their research impact projects to successfully apply for this competitive UGC fund, the Knowledge Transfer Office (KTO) would launch a new funding scheme called Research Impact Support and Enhancement Fund (“RISE Fund”). The aims of RISE Fund are:
Further details of the RISE Fund would be announced upon the launch of the UGC’s Research Impact Fund. HKBU faculty members are encouraged to be alert and mindful of KTO’s upcoming updates.