Day: January 4, 2025

The BOCHK Science and Technology Innovation Prize 2024

US lawmakers from both parties have nominated three leaders of Hong Kong’s pro-democracy protest movement – Jimmy Lai, Chow Hang-tung, and Lee Cheuk-yan – as candidates for this year’s Nobel Peace Prize. Jimmy Lai, Chow Hang-tung and Lee Cheuk-yan stand out among activists worldwide by their “fervent dedication” in protecting freedoms within their countries, serving as sources of inspiration as they have taken part in one of the largest mass demonstrations ever.

Hong Kong Science Museum is currently showcasing some of the 2024 BOCHK Science and Technology Innovation Prize winners at their G/F Exhibition Hall until November 4th. As well as providing insight into each prize field’s winner’s research journey and accomplishments, these exhibits showcase their journey and success.

BOCHK Science and Technology Innovation Prize was created to recognize outstanding scientists working in Artificial Intelligence/Robotics/Life and Health/New Materials/ Energy/ Advanced Manufacturing/ FinTech for their outstanding scientific discoveries and technological innovations that benefit society and industry. Furthermore, the prize champions the mission of attracting global top science talent by nurturing forward-looking scientists as part of Hong Kong’s quest to become an international technology hub.

The prize field recognizes scientists conducting research in these areas:

At stake is an award of up to HK$2 Million in which each winner receives both a certificate and trophy, though no more than five persons (or teams) from one field of research may receive awards in any one year. All awardees must support the Basic Law of Hong Kong Special Administrative Region of People’s Republic of China as well as uphold high social morality and professional ethics in their research work.

Finalists are selected from among the top 30 submissions by an international jury panel led by M+ director Suhanya Raffel and composed of leading art figures like Maria Balshaw from London’s Tate museums; Gong Yan from Shanghai Power Station of Art; Mami Kataoka of Tokyo Mori Art Museum; Glenn D Lowry from Museum of Modern Art New York and internationally-acclaimed Chinese artist Xu Bing.

Next season will see an increase of five million to the Group 1 prize pool for 88 fixtures at Hong Kong Golf Club. Prize money in Groups 2 and 3 was also increased by five million each – increasing total pool by almost 90% since 2010. The additional prizes will help the Club respond to a decline in higher-class and middle distance runners, increasing prize money from HK$16.5 million in 2015 to an unprecedented $24.9 million amount in 2019. This rise marks an unparalleled 10-year increase. The Club has increased prize money annually in response to changing population structure and to encourage top-class horses to participate. This increase marks the second time Group 1 prize money was increased – it had previously been increased from HK$13.26 million in 2014 up to HK$14 Million now; further prize increases will be announced later in 2016.