Grants and Contracts: The Return on Investment in University-based Research
The University of Southern Maine invested $2.8 million in state MEIF funding to leverage $1.8 million in R&D awards from federal and private sector sources in a difficult economy. Total grant and contract activity at USM declined by 25% during FY13 totaling $31 million in awards. This is a reflection of primarily a difficult State economy, but also sequestration and continuing budget resolutions at the Federal level.
In FY13, MEIF dollars supported 95 positions, including faculty, technical staff, and students. Once again for this year’s MEIF report, USM has focused attention on faculty-student collaborations in research.