{"id":14044,"date":"2024-07-26T09:03:31","date_gmt":"2024-07-26T13:03:31","guid":{"rendered":"https:\/\/www.med.unc.edu\/genetics\/?p=14044"},"modified":"2024-07-26T09:06:48","modified_gmt":"2024-07-26T13:06:48","slug":"unc-chapel-hill-research-funding-hits-new-milestone-at-1-21b","status":"publish","type":"post","link":"https:\/\/www.med.unc.edu\/genetics\/unc-chapel-hill-research-funding-hits-new-milestone-at-1-21b\/","title":{"rendered":"UNC-Chapel Hill research funding hits new milestone at $1.21B"},"content":{"rendered":"

Investment in Carolina\u2019s research enterprise grew in FY24, with significant increases in funding from private organizations and federal agencies.<\/em><\/p>\n

The numbers are in and research at Carolina continues to grow. This is the fifth year in a row that research awards have topped $1 billion, facilitating research projects and experiments for external sponsors like federal agencies, industry partners, and nonprofit organizations.<\/p>\n

\u201cThese new award totals are a testament to the dedication of our researchers who push the boundaries of knowledge in their fields,\u201d said Interim Chancellor Lee H. Roberts. \u201cI\u2019m thrilled to see our continued excellence in the health sciences recognized with new funding, and equally encouraged to see recognition of our burgeoning efforts in clean technology, data science and other cutting-edge research. The work reflected by this milestone is changing lives across our state, country and world.\u201d<\/p>\n

\"$1.21<\/a>Research at UNC-Chapel Hill employs over 10,700 North Carolinians in research projects that span all 100 counties. As most research funding comes from outside of the state, it represents new revenue for North Carolina\u2019s gross state product, and spending on research supports over 3,200 businesses across the state.<\/p>\n

At a crucial moment for our state, Carolina received a rapid increase in federal funding during the pandemic to tackle the many public health issues caused by COVID-19. While much of that funding has waned, sponsorships and grants in other areas of impactful research have put the University on a strong upward trajectory.<\/p>\n

\u201cIf you take a deep look at the big awards the University attracted this year, it\u2019s obvious that the secret to our success lies in our interdisciplinary, collaborative approach to finding solutions that benefit society,\u201d said Vice Chancellor for Research Penny Gordon-Larsen. \u201cI\u2019m pleased to see this approach pay off with federal funding for projects addressing cognitive and women\u2019s health and others that will harness enabling technologies in data and applied science. Additionally, new private funding will allow us to expand our global reach.\u201d<\/p>\n

Funding Breakdown<\/strong><\/h3>\n

Funding from federal sources accounted for about 65% of all research awards for FY24, with grants from education and research institutes (9.3%), North Carolina government (8.5%), business and industry (6%), and foundations (5.6%) rounding out the rest of Carolina\u2019s funding figures.<\/p>\n

Top federal sponsors of research at Carolina include:<\/p>\n