Florida Ranks 12th for Federal Funding to Universities/Colleges

Florida's share of federal R&D obligations for universities and colleges rose to $609 million in 2007, placing the state at #12 nationwide. The funding level represents a 12.5% increase since 2003, but that increase was just under the U.S. 5-year rate of inflation, which was 12.7% for that period. Based on its rate of growth for such R&D funding, Florida was ranked at #25 nationwide. New Mexico had the largest percent increase over the five-year period, rising 45.7 percent to $182 million in 2007. (10/16)

(Source: SSTI)

Courtesy SPACErePORT