HKUST Annual Report 2023-2024

22 Lab to Market Innovation and Technology Commission Research, Academic and Industry Sectors One-plus Scheme (RAISe+) 5 Projects Areas of focus include AI and robotics, wastewater and sludge technologies, and health and medical. HKUST ranked second city-wide for projects awarded funding. Innovation and Technology Support Programme, Partnership Research Programme, and others 27 Projects Among others, enhanced typhoon forecast model and data service platform, directly benefiting transportation and logistics providers; and software using AI for automatic detection of defects, such as spalling in building façades. The Croucher Foundation Croucher Tak Wah Mak Innovation Awards 2 Projects • Theoretically describe and understand quantum materials. • Understand more about mitochondria to pave the way for therapeutics for related diseases. Mainland Sponsors National Natural Science Foundation of China (NSFC), Department of Science and Technology, Guangdong Province, together with Guangdong Natural Science Foundation, Ministry of Science and Technology (MOST), Shenzhen Science and Technology Innovation Bureau, other government departments and companies 216 Projects Numerous Mainland sponsors provided a total of HK$251 million under different research schemes, including the prestigious Excellent Young Scientists Fund. HK$ 1.12 Billion Funding granted to 1,703 Research Projects