Nanoscience experts are among the five scientists who have been awarded the prestigious Croucher Foundation Senior Research Fellowship this year. The awards will allow them to give up teaching and concentrate on research for one year. Each fellowship is worth about US$100,000 (HK$778,000) to meet the cost of covering the recipient's teaching duties. Each winner also gets a cash award of $40,000. The five winners this year are: chair professor of physics and material science at City University, Lee Shuit-tong, an expert on nanoscale electronic materials; molecular biologists Randy Poon Yat-choi from the University of Science and Technology (HKUST); Will Lee Wai-ming from the University of Hong Kong (HKU); professor of information engineering at HKU, Victor Li On-kwok; and HKUST physicist Ng Tai-kai, who will undertake nanoscience research, focusing on electronic transport behaviour, alongside work to find new quantum state matter. The Croucher Foundation was established in 1979 by Noel Croucher, a founder of the Hong Kong Stock Exchange, to promote the sciences, technology and medicine.