OSU research fundraising has record year


Oregon State University wrapped up its fiscal year at the end of June with $308.9 million raised.

Share this article!

BY JACOB PALMER | DIGITAL NEWS EDITOR

Oregon State University wrapped up its fiscal year at the end of June with $308.9 million raised.

University officials said the last record was $288 million in 2010.

“I’ve seen how OSU research is solving global problems and providing innovations that mean economic growth for Oregon and the nation,” OSU’s vice president for research Cynthia Sagers said in a news release. “OSU’s research performance in the last year is amazing, given that federal funds are so restricted right now.”

The university said total private-sector funding from sponsored contracts, research cooperatives and other sources has risen from $25 million in 2010 to more than $40 million in 2015. OSU conducts research with Hewlett-Packard, Nike Inc. and Boeing, among other companies.

It’s also worked with Benchmade Knife of Oregon City, Sheldon Manufacturing of Cornelius and NuScale Power of Corvallis.

(SOURCE: Portland Business Journal)

OSU claimed in the release that the “overall economic and societal impact of OSU’s research enterprise” surpassed $670 million.

RELATED NEWS: OSU researchers examine warm-water massOSU scientists study stink bugs to save wine crops

 


Published in Categories News