Chao Kuang Piu High-tech Development Fund
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The Chao Kuang Piu High-tech Development Fund (Traditional Chinese: 曹光彪高科技發展基金; Simplified Chinese: 曹光彪高科技发展基金), is a fund at Zhejiang University, for promoting high-tech innovation and development.
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The Hong Kong-based industrial magnate Chao Kuang Piu (曹光彪), who is a Zhejiang native,[1] donated 10 million HK dollar to Zhejiang University. The goal of the fund is to promote high-tech innovation and development at Zhejiang University. The fund is named after Chao Kuang Piu for his generous financial supports and contributions to the university.[citation needed]
Chao again donated 18 million HKD to the university. The donation was used to build the Chao Kuang Piu High-tech Building (曹光彪科技大樓/曹光彪科技大楼), which is coupled with the fund.
December 2001, Chao further donated 20 million HKD to found the current Chao Kuang Piu High-tech Talent Fund (曹光彪高科技人才基金), which is also coupled with the previous High-tech Development Fund.[2]
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