Speech by SITI at Launch Ceremony of HKUST RAISe+ Project Fund (English only) (with photo)

Following is the speech by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, at the Launch Ceremony of the HKUST RAISe+ (Research, Academic and Industry Sectors One-plus) Project Fund today (October 16): Chairperson Shih (Vice-Chairperson of the University Council of the Hong Kong University of Science and Technology (HKUST), Ms Edith Shih), Professor Cheng (Vice-President for Research and Development of the HKUST, Professor Tim Cheng), distinguished guests, faculty members and researchers, Good morning. It is my honour to be here today at the Launch Ceremony of the HKUST RASIe+ Project Fund. Universities play an important role in Hong Kong’s development as an international innovation and technology centre. They advance knowledge, nurture talent, and develop innovative technologies to address real-world challenges. Yet, promising research must be validated to meet market needs before it can be transformed into viable products and services. This requires close collaboration among the Government, industry, academia, and research and investment sectors. This is why we initiated the Research, Academic and Industry Sectors One-plus (RAISe+) Scheme in 2023. Since

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