Foundation for Aalto University Science and Technology
Foundation for Aalto University Science and Technology (formerly the Research Foundation of Helsinki University of Technology) is a foundation established by Finnish industry in 1979. The Foundation's goal is to support the scientific research and teaching of technical disciplines at the Aalto University schools of technology.
The Aalto University schools of technology – School of Chemical Technology, School of Electrical Engineering, School of Engineering and School of Science – provide higher education and carry out scientific research in nearly all fields of technology. The departments of the schools have a highly-educated and goal-oriented research staff, and they are equipped with cutting-edge research equipment that meets the needs of both research and product development.
Each year, the schools of technology produce approximately 1 000 master's theses and 150 licentiate theses and doctoral dissertations. Many of the theses are directly applicable to the needs of industry. In addition, all departments carry out contract research commissioned by industrial companies, to whom it is an economically advantageous option.
In recent years, the Foundation has co-financed approximately 200 doctoral dissertations, licentiate theses and master’s theses of the schools of technology with the help of industry-donated funds.
The grants awarded by the Foundation for Aalto University Science and Technology are mostly funded by Finnish industrial companies, who may direct their gift to the Foundation to be used for research in a field of technology of their choice. This way, the gift and the research funded by it will support that field of technology which is the most important for the operations of the donating company.