Global News

17 February 2012

Suzuki foundation announces latest scientific research funding

On 17 February 2012, the Suzuki Foundation selected 31 scientific research initiatives to receive fiscal-2011 financial assistance worth a total of ¥39.14 million. The foundation also announced financial support for academic research, bringing its overall fiscal-2011 disbursements to ¥47.9 million.

(1) Financial assistance for scientific research projects in progress

The Suzuki Foundation has decided to support 30 original, advanced scientific research projects on seven fields that are in progress: production-related technologies; environmental and energy-saving technologies; measurement-, control-, and analysis-related technologies; material-related technologies; electronics- and information-related technologies; human engineering and medical technologies; and robot-related technologies. The foundation’s financial assistance for these 30 projects totals ¥29.89 million.

(2) Financial assistance for proposed scientific research projects

As well as supporting scientific research projects that are under way, the Suzuki Foundation selects contemporary problems that it believes need to be resolved, invites proposals for research projects to address them, and selects the most outstanding proposals for funding. It funds each selected project for two years and has selected 13 projects in the past nine years.

For fiscal 2011, the foundation has decided to fund one proposed project entitled “Basic Research for Development of Novel Electrode Materials for Lithium-Air Battery by Aggregation Control of Nanoparticles”, aimed at the development of new electrode material from Lime-Alumina Compound for "Lithium-Air Battery", which leads to the suppression of global warming and the recovery from air pollution. The foundation will disburse a total of ¥9.25 million for this project and for the second year of funding for two projects that it selected last year.

(3) Other financial assistance and activities

The Suzuki Foundation also conducts a wide range of other activities. Notably, it promotes awareness of research results and further development of research projects by funding symposiums, subsidizing transportation and accommodation for Japanese researchers attending overseas academic meetings, subsidizing programs in Japan for researchers from Budapest University of Technology and Economics, and publishing a foundation newsletter. The foundation’s fiscal-2011 support for such activities totals ¥8.76 million.

About the Suzuki Foundation

Suzuki Motor Corporation established the Suzuki Foundation in March 1980 to mark its 60th anniversary. Thus far, the foundation has supported 1,202 scientific research projects with financial assistance worth a total of ¥1,375.96 million. The latest round of financial assistance for scientific research is the 32nd to be announced by the foundation.

Overview of the Suzuki Foundation

Chairman: Osamu Suzuki (Chairman and CEO of Suzuki Motor Corporation)
Location: Tokyo, Japan
Total assets: ¥4.63 billion (as of end of March 2011)
Goals: The Suzuki Foundation aims to contribute to the development of the Japanese machinery industry and to the national welfare by supporting scientific research related to the production and use of machinery and by disseminating the fruits of such research to the general public.