Home  FAQs  Research How does the UGC strengthen the research development in Hong Kong? UGC strongly believes in "excellence" and that "competition drives excellence", as proven over and again in other aspects of our society, and in other parts of the world. UGC is planning the improvement of the existing funding mechanism by linking research funding with top quality research so as to enhance the competitiveness of our institutions. The new policy serves to improve the allocation of research funding and to proactively underpin the development of research in Hong Kong.