Acceleration Funds

Image by Isaac Smith

Immersive tech in teaching and learning Fund

 

Leveraging VR/AR/MR and AI as Innovative Educational Practice

Education Equity Fund(EEF)

 

To build a world with fair distribution of education

Immersive Tech in Teaching and Learning

With the development of Internet of Things, artificial intelligence, blockchain and other technologies, we predict that 2022 is likely to become the "first year of Metaverse Education". The concept of metaverse and virtual reality technology are intertwined and spiral upward, supporting the rapid development of the perception management system and virtual scene system necessary for the construction of metaverse space. Compared with "Internet + Education", "Metaverse + Education" has a huge leap across generations, and will play an incomparable role in Internet education. While so far, there has not been a refreshing educational application on the market that perfectly combines immersive technology, and we are very happy for sponsoring people who are interested in it.

Image by Sophia Sideri

Immersive Tech in Teaching and Learning Mission

  • Build a leading research-based think tank in the field of metaverse in HK.

 

  • Provide Metaverse education research reports to laboratory member units every year to analyze the development characteristics of Metaverse education.

 

  • Establish a Metaverse industry database to gain insight into the overall development trends of the industry.

 

  • Develop a Metaverse cross-industry Practice Lab, provide industry-university-research resources.

 

  • Open Metaverse Master Courses.

Image by Kate Kalvach

EEF

The Guangdong-Hong Kong-Macao Greater Bay Area has a unique geographical location and economic status, but there is still a very large talent gap.According to the World Bank’s statistical, more than 60 percent of the global economy is concentrated in the Bay Area. But at present, there is still a gap between talent attraction level and talent aggregation level in the Guangdong-Hong Kong-Macao Greater Bay Area. According to the 2020 Global City Talent Competitiveness Index Report released by INSEAD, Shenzhen and Guangzhou rank 78th and 97th respectively as the major core cities of the Greater Bay Area, lagging behind Shanghai (32nd), Beijing (35th), Hangzhou (67th) and Nanjing (75th).

Render inequality in HK’s education:  There are more women than men in Hong Kong, and the sex ratio (number of men per 1,000 women) has dropped from 1,062 in 1986 to 913 in 2020. (excluding foreign domestic helpers) Although Hong Kong's education and further education opportunities have greatly improved over the past few decades, women's participation in economic activities still lags behind men's, the income gap between men and women is still very wide, and women are underrepresented in senior management and professional positions.


Racial inequality in HK’s education: Due to the coexistence of multiple ethnic groups, there are still many ethnic minorities and regions in the Guangdong-Hong Kong-Macao Greater Bay Area who cannot obtain fair educational resources. Due to the backward economic level, low education level, language barriers and other social problems, the extreme in equity of educational resources has directly affected the follow-up problems such as employment and economic development, which has become a vicious circle.

EEF Mission

  • Provide equitable access to education of all stages (eg basic education, higher education) for people of all genders and gender identities.
     

  • Allocation of educational resources for ethnic minorities.
     

  • Includes inputs such as number of degrees, educational expenditures, provision of school buildings, resources and teaching facilities.
     

  • Improve education outcomes and achievements. Include academic performance, subject performance, academic skills, and attitudes towards studies and subjects.
     

  • Offer educational resources for unpopular subjects.
     

  • Increase educational opportunities for low-income families.