Tencent will invest 10 billion yuan in a new basic research program over the next 10 years
chinese internet giant Tencent previously announced that it will invest 10 billion yuan over the next 10 years to support a select group of scientists who have long been dedicated to fundamental research, helping to take original innovation from “0 to 1”.
The 5 of July, Tencent began the application process for the “New Cornerstone Investigator Program” (hereafter referred to as “the Program”) from July 1 to September 30, 2022. This is a new fundamental research funding program led by scientists, independently funded and managed by Tencentunder the leadership of the China Association for Science and Technology.
The program plans to support 60 scientists in 2022 with up to 5 million yuan per year for the experimental category and 3 million yuan for the theoretical category.
The program sets up two areas: mathematics and physical sciences, biology and biomedical sciences, and encourages interdisciplinary research.
The most distinctive feature of the program, unlike other task- and project-based research, is that it does not set clear research objectives for those who are funded. The program will also not assess the number of papers published or produced or give a deadline for results. The program simply aims to provide people who are interested and dedicated to their work with long-term, flexible funding, and hopes to help create a stable research environment so they can focus on their research.
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The program is open to everyone, including institutional and independent researchers. Applicants for both types must meet the following requirements: be under the age of 55 at the time of application; have been thesis director for at least 5 years; have worked full-time in mainland China or Hong Kong and Macao (regardless of nationality); devote at least 9 months to research each year; have experience in basic research and always be at the forefront of research, and have never applied for the 2022 Explorer Prize.
In order to strictly follow the principle of being “scientist-led”, the program has set up a scientific committee as the decision-making body in talent selection, with Shi Yigong, an academician of the Chinese Academy of Sciences and president of the Westlake University, as chair of the committee.