Y-LOT (Y-LOT Foundation Limited) stands for ‘Youths. Love. Opportunities. Technology.’. We are registered as a charitable organization under section 88 of the Inland Revenue Ordinance of Hong Kong (IR# 91/14991).
Mission and Vision
Y-LOT is a nonprofit promoting social mobility of our youths and combating the world’s most pressing humanitarian problems by supporting development of frontier science and technology.
How we work
Y-LOT upskills the Science and Technology knowledge of young people. Better science and digital literacy is the force for better social mobility.
Our team also facilitates the process of technology transfer so frontier science knowledge can bring disruptive solutions meeting the UN Sustainable Development Goals.
We set up Make It Happen (MIH) Club to gather impact-minded and venture philanthropists as collaborations will amplify our contributions.
Donations and patient capital offered by SciTech Future Fund of Y-LOT support our projects.
Andy FEI Chi En
Founder & Chairman of Y-LOT Foundation
Member of the Court, HKUST
Message from Founder & CHAIRMAN
Technology drives economic development. Science drives social development. We need to equip scientists and innovators with adequate resources so they can keep breaking through.
A lot of people take technological and social progress for granted. These advancements, however, don’t happen overnight. Instead, lots of brains have been contributing relentlessly and silently behind these developments. Unfortunately, these efforts are often overlooked.
We aim at making knowledge of SciTech more accessible and approachable to everyone. With better knowledge, we all will aspire to have a brighter future. I wish us all a brand new page soon coming with all these technological advancements!
“FEI CHI EN EDUCATION AND RESEARCH FUND”
In December 2020, The Hong Kong University of Science and Technology (HKUST) established the HK$20M ‘Fei Chi En Education and Research Fund’ to promote the future development of SciTech and its education, such as advanced materials research, aerospace and automotives projects, biomedical research and procurement of related facilities.
“Fei Chi En Dream Team Open Lab” of HKUST lets students and teams across disciplines work together to turn their SciTech ideas into projects or prototypes for international competitions.
“Y-LOT Foundation Scholarship”
In 2021, Y-LOT set up a HK$2 million scholarship to The Hong Kong University of Science and Technology (HKUST) to reward students with outstanding academic achievements and encourage them to strive for excellence.
We are pleased to announce that 20 outstanding students of HKUST were awarded for the “Y-LOT Foundation Scholarship” in academic year 2022 – 2023.
SciTech Advisory Committee
Dr. KO Wing Man
Fellow of the Hong Kong Academy of Medicine
Former Secretary for Food and Health of Hong Kong
Candidate for Executive Council
Dr. George LAM
Senior Advisor of Macquarie Group Asia
Former Chairman of Hong Kong Cyberport Management Company Limited
Prof. QIN Dahe
Academician of Chinese Academy of Sciences
Former Director of the China Meteorological Administration
Winner of the Volvo Environment Prize
Prof. ZHANG Jianhua
Chair Professor of Plant Biology and Associate Vice President (Global Research Cooperation), HKBU
Mr. Peter CHAN
Partner, Assurance, TMT Assurance Leader at Ernst & Young, Hong Kong
Mr. Michael HO
Director of OurCrowd, Israel Venture Capital
Mr. Charles CHAU
Partner at Jones Day
Ms. Justina CHIU
Chief Executive Officer of ARA Asset Management (Fortune) Limited
Prof. XIE Ting
The head of Division of Life Science, HKUST
Prof. QIAN Peiyuan
Chair Professor of Division of Life Science, HKUST
Prof. XU Jiang
Acting Head of Microelectronics Thrust, Function Hub, HKUST (Guangzhou)
Prof. WU Enboa
Former Associate Vice-President for Knowledge Transfer, HKUST
Dr. Ricky CHIU
Chairman & Chief Executive Officer, PHASE Scientific
Dr. Charleston SIN
Executive Director, MIT Hong Kong Innovation Node
Ms. Elaine WONG
Co-Founder & Chief Executive Officer
Mr. Rex TUNG
Chief Financial Officer