October 14 (Fri), 14:20-14:40, Rm. 300

Samsung Electronics launched a 1.5 billion USD, 10-year grant program to support creative and innovative R&Ds in areas of 'basic science', 'novel materials' and 'information and communication technology (ICT) based convergence' in Korea beginning in 2013. These programs aim to contribute to catalyzing creative and challenging R&Ds and building a foundation for technological innovation for the benefit of the broader society and economy, through supporting R&Ds in universities, public research institutes and R&D centers of small business in Korea.

In order to nurture basic science, Samsung decided to contribute 0.5 billion USD over the next 10 years, and established a non-profit foundation, SSTF in 2013.

SSTF believe it can make a significant and SSTF believes it can make a significant and positive impact in the science community in Korea. SSTF tackles important issues where it can achieve significant and measurable impacts. It takes risks and makes long-term and relatively large commitments. It undertakes challenges that are not accessible to many other organizations It looks for and funds grant proposals that challenge "undefined", "unsolved" or "defined but not-knowing how-to-solve" problems. Projects tackling problems in mathematics, physics, chemistry, life science and their convergent fields are funded.

SSTF fosters path-breaking discovery in science and offers funding after an in-depth reviewing process. A research proposal which is regarded challengeable should be based on proposer's own original and ingenious idea, and eventually lead to scientific advance and have broader impacts on the world.

A proposer applies for a research grant and funding that is within the reasonable bounds according to his/her research plan-theme, methodology, term, milestone and members.

The funding policy and interest of SSTF will be discussed in this session.