The Egypt Japan University Of Science and Technology (EJUST) has adopted the idea of launching scientific clubs with the chief aim of encouraging and supporting scientific research and innovation, according to E-JUST Vice President of Research Professor Satoshi Goto.
One of these bears the name “Millionaire’s Club”, and in order to join it, a faculty member should be able to obtain research projects that are competitive and applicable, with external financing, from Egypt or abroad, with no less than LE one million (aboud $63,08).
The university board approves a membership once conditions are fulfilled, the EJUST VP said.
He noted that EJUST is highly interested in applicable researches that support industries and sustainable development plan.
For his part, Assistant VP of Research Professor Mohsen Ghali said the innovative idea stimulated further research activities among the teaching staff.
Membership of the “Millionaire’s Club” offers a faculty member a financial incentive bonus, and moral ovation, as well as honour by the EJUST board, after giving a public lecture on the winner research project.
Members of the “Millionaire’s Club” at EJUST hit 20 till 2021.
As the idea incentivised scientific research at the university, EJUST decided to launch another one for “Inventors”, Ghali said.
Obtaining one patent is a pre-condition to become a member. A golden member is one with 20 patents, and a silver one obtains 10, he explained.