The Norway-China Association for Science and TechnologyExchange (NCASTE) is studying and promoting the establishment of the Norway-ChinaScience and Technology Development Foundation (NCSTDF).

NCSTDF is intended to connect science, technology, industryand innovation resources in Norway and China, with a particular focus on young
talent and promising innovation projects. Its proposed mission is to facilitate
technology commercialisation, innovation and entrepreneurship, and Norway-China
cooperation in science and technology.

Inspiring Young Innovators
Encourage young science and technology talent and students to explore
innovative ideas and participate in technological innovation and international
exchange.

Facilitating Technology Commercialisation
Connect research, technology and industry resources to support the further
development of promising scientific and technological achievements.

Supporting Innovation and Entrepreneurship
Focus on innovative and promising technology ventures and facilitate
connections between innovation resources and industry needs.

Advancing Norway-China Cooperation
Promote exchange and collaborative innovation among universities, research
institutions, enterprises and innovation communities in Norway and China.

• Young science and technology talent
• Student innovation projects
• Technology start-ups
• Technology transfer and commercialisation
• Marine technology and green technologies
• International science, technology and innovation cooperation

Following its formal establishment, NCSTDF is intended tooperate under an independent, transparent and structured governance and project evaluation framework, in accordance with applicable laws and regulations, its governing documents and relevant management rules.

NCSTDF is currently under development and has notcommenced fundraising, investment management or project-funding activities.

Until NCSTDF has been legally established and is authorisedto operate, neither NCASTE nor its members will make fundraising, investment, financing, funding or other related commitments in the name of NCSTDF.