The Tsinghua-Imperial Research and Innovation Fund, which brings together two of the world’s leading research universities, aims to kick-start innovative research projects and concepts that are showing signs of promise but are at an early stage in development and need funding to progress.
The awards are expected to cover small-scale experiments, the development of prototypes, and will enable academics and students from both institutions to collaborate and exchange ideas more easily.
Imperial and Tsinghua have invested an initial $300,000 into the programme over three years. If the fund succeeds, the universities anticipate significantly increasing their financial support.
Imperial’s President Professor Alice Gast and Tsinghua University’s Chairperson Professor Chen Xu signed the funding agreement at Imperial’s campus in South Kensington, London.
The announcement coincides with the UK-China High Level People to People Dialogue. The Dialogue is a key pillar in the UK-China relationship, providing a forum to celebrate ties between the two countries, and a platform to drive greater co-operation.
Solving global challenges
Announcing the fund, Professor Alice Gast, President of Imperial College London, said: “Imperial and Tsinghua have a shared ambition to support ground-breaking research and create successful partnerships. Both universities recognise the importance of bringing people together to exchange ideas and collaborate.
“This new fund will help our innovative academic staff to pursue ambitious collaborations and explore new areas of research."
Speaking at the launch, Professor Chen, said: "This fund will facilitate faculties to work together on common global challenges, and help solve and alleviate those challenges.
"We have a lot of interest in Imperial due to its excellence, and we also have a lot of alumni here."
'Double alumni' of both Imperial and Tsinghua include Mayor of Beijing Chen Jining and Director of Imperial's Data Science Institute Professor Yike Guo.
Professor Chen added: "After President Xi Jinping's recent visit the whole of China pays special attention to Imperial College London.
"I expect more collaboration in future to experiment and implement."
Earlier in the day Professor Chen, researchers, officials from Tsinghua University and its corporate partners met academics and students from Imperial and visited its research laboratories.
They visited Imperial's Centre for Bio-Inspired Technology where she met Professor Chris Toumazou, Dr Timothy Constandinou and Dr Song Luan.
Professor Chen and the delegation from Tsinghua then visited the Data Science Institute where they were given a demonstration of the Data Observatory.
Dr David Birch and Dr Kai Sun showed how the observatory, the largets of its kind in Europe, can be used to visualise data, such as Bitcoin and Ethereum transactions.
Professor Chen then met Imperial's community of Tsinghua alumni, before touring Imperial's new White City campus.