Areas of Excellence Scheme - Fourteenth Round Exercise Funding Results

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Project Title	Participating UGC-funded Universities#	Approved Budget* (HK$ million)	Funding from the RGC* (HK$ million)
Proposals with Five-Year Budget
Center for Next Generation Magnetic Resonance Imaging Technologies for Accessible Healthcare	HKU, CityU, CUHK, PolyU	64.469	50.000
Centre of Smart Manufacturing	PolyU, HKU, CityU	57.645	47.881
Hong Kong Center for Neutron Scattering	CityU, CUHK, HKU, HKUST	55.555	50.000
Total (Three projects)		177.669	147.881
Exploratory Proposal with One-Year Budget
Centre for Safe, Sustainable and Legal Wildlife Trade	HKU, CityU, LU	-	10.000
Total (One project)		-	10.000

CityU: City University of Hong Kong
CUHK: The Chinese University of Hong Kong
HKU: The University of Hong Kong
HKUST: The Hong Kong University of Science and Technology
LU: Lingnan University
PolyU: The Hong Kong Polytechnic University

Inclusive of indirect costs / on-costs. The RGC’s funding allocation for the three projects with five-year budget in AoE Scheme 2026/27 is $148 million. The remaining $30 million of the approved budget will be matched by the universities concerned. For the exploratory project, the RGC’s funding allocation is $10 million and the university matching is subject to a revised one-year budget plan to be submitted by the project team which requires approval from the relevant Committee.