Please do not leave this page until complete. This can take a few moments.
The University of Massachusetts Medical School in Worcester spent $280 million on research activities in fiscal 2017, according to a research portfolio report issued by the University of Massachusetts system on Wednesday.
The UMMS spending represents a 10.6-percent – or nearly $27 million – increase over fiscal 2016. The growth was the major driver behind a $37-million increase in research spending across the entire UMass system between 2016 and 2017, UMass said in a statement. Research spending across the five-campus system rose to a record $670 million last fiscal year.
“This dramatic growth reflects the rising impact of our research enterprise and the groundbreaking work being conducted by our faculty,” said University of Massachusetts President Marty Meehan.
Most of the research conducted at UMass is externally funded, with $377 million, or 56 percent, coming from federal agencies like the National Institutes of Health, National Science Foundation and the U.S. Department of Defense. Institutional funds are the next largest source of funding, at 27 percent, followed by 9 percent from industry and 7 percent from state and local governments.
UMass is the third-largest research university in Massachusetts, trailing only Harvard and MIT, and the fourth-largest in all of New England.
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments