Tuesday August 14, 2012 0 comments
BOULDER - Work by University of Colorado faculty brought in $815.3 million in sponsored research funding in fiscal year 2011-12, up nearly $22 million over the previous fiscal year, CU reported.
The preliminary figures represent the second-highest research funding total in CU history. The only higher tally came in fiscal year 2009-10, when one-time federal stimulus dollars contributed to a final total of $884.1 million.
Last year, the total was $793.5 million.
Sponsored research funding from federal, state and local agencies targets specific projects to advance research in laboratories and in the field, CU said.
"The increase in this critical stream is an extremely positive reflection of academic and research development at CU," said Bruce Benson, CU president.
"Our research benefits the greater good in Colorado and beyond, not only in scientific gain but also in economic development."
CU said through the CU Technology Transfer Office, CU research commercialization has led to the formation of 114 companies, of which 11 were established in the 2010-11 fiscal year.
Broken down by campus, sponsored research funding during the last fiscal year totaled:
- University of Colorado-Boulder--$380.7 million
- University of Colorado-Colorado Springs--More than $5 million
- University of Colorado-Denver--$22.3 million
- University of Colorado-Anschutz Medical Campus--$407.3 million
For more information, visit www.cu.edu.