Science and Technology Development Fund (FDCT)

Release date:2021/12/16
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Science and Technology Development Fund (FDCT): 

Instituted in 2004, FDCT is one of the important efforts in implementing the Basic Rules for Policies Regarding Science and Technology of Macao Special Administrative Region. FDCT has aligned its efforts with the SAR’s technological development policies by funding projects that bolster Macao's capacities and competitiveness in scientific research and innovation.

FDCT’s continuous funding and extensive cooperation have laid a solid groundwork for technological innovation and industrial development in Macao. Macao has established major platforms including two State Key Laboratories and gained momentum in quality research in Chinese medicine, microelectronics, IoT for smart city, as well as lunar and planetary sciences. Meanwhile, emerging fields such as precision medicine and AI are also growing rapidly and generating transformable results. The increasing research strength is expanding the range of applications.

“Learn through in-depth exploration and practice through correction”. Scientific research focuses on expanding the frontiers of knowledge and achieving in the process of exploration. Innovation and transformation are complementary and indispensable to each other. A virtuous circle between the two links - market-oriented application of suitable achievements that produces economic benefits in real life - will provide a strong driving force for sustainable socioeconomic development. While ensuring support for R&D, FDCT will emphasize its role of leadership by adjusting priorities of funding according to policies and enhance support for transformation by cooperating with relevant authorities. Hopefully, FDCT will help to foster a market-oriented development model that bridges the gap between technology and economy, featuring universities and enterprises, and underscoring industry-university-research collaboration. In particular, FDCT will assist the SAR government in facilitating the R&D and manufacturing of traditional Chinese medicine as an entry point to support health and high-tech industries.

“Now is the best time to set sail with fair wind!” With the promotion of international innovation and technology hub of the Greater Bay Area, Guangzhou-Shenzhen-Hong Kong-Macao innovation and technology corridor, Guangdong-Macao In-depth Cooperation Zone in Hengqin and the second Five-year Plan for Economic and Social Development of Macao SAR, Macao's sciences and technologies will scale new heights. Against this background, FDCT will seize opportunities to constantly refine its workflow and improve its services to help technological workers and friends in the industry, so that Macao’s sciences and technologies can go one step even further.