Facts and Figures

RESEARCH | 39 Note: USD1 = HK$7.8 approx. * The Research Grants Council under UGC is responsible for advising the HKSAR government on the needs of Hong Kong’s higher education institutions in academic research and the distribution of related fundings Total amount of funding $ 1,379.93m $ 516.42 (37.42 % ) Research Grants Council * / University Grants Committee $ 93.25 (6.76 % ) Research Matching Grants $ 183.64 (13.31 % ) General Research Fund $ 45.16 (3.27 % ) Collaborative Research Fund $ 42.13 (3.05 % ) Theme-based Research Scheme $ 20.70 (1.50 % ) Areas of Excellence Scheme $ 27.30 (1.98 % ) Early Career Scheme $ 26.60 (1.93 % ) Research Impact Fund $ 77.64 (5.62 % ) RGC/UGC – Others $ 238.71 (17.30 % ) Government Departments and Agencies $ 311.60 (22.58 % ) Charitable, Trust and Individual Donations $ 132.82 (9.63 % ) Innovation and Technology Fund $ 22.18 (1.61 % ) Quality Education Fund $ 158.20 (11.46 % ) Industry and Others Sources of External Research Funding 2022–23 (in HK$ million)