In 2017, Oregon State University set a new record for research funding. Cynthia Sagers, Vice President for Research, discusses the impact behind the numbers and what this funding means for the state of Oregon and beyond.
Oregon State University grants and contracts totaled almost $336 million in the 2016 fiscal year. Led by an 11-percent increase in federal funding and a steady rise in private-sector support, research revenues reached their second-highest level ever, enabling work in public health, the environment, advanced engineering and projects to help develop Oregon’s and the nation’s economy.
Awards by sponsor type. Competitive funds from federal agencies comprised 60 percent of OSU research funding. Land-grant funding from the state and federal governments account for 21 percent, and industry contributed 13 percent. Additional funds came from foundations, nonprofit organizations and state, local and foreign governments.
In FY16, business payments to license patented technologies for product development reached over $5 million.