Universities get $850 million in grants


Oregon’s four research universities have brought in $850 million in grants over the past year.

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Oregon’s four research universities have brought in $850 million in grants over the past year.

That money — more than twice what the state spent last year on its seven public universities — helps support thousands of high-paying research jobs and low-paying graduate research assistantships and the development of start-up companies like Home Dialysis Plus.

While research grants, most of them federal, won by Oregon universities represent only a fraction of the state’s $161 billion gross domestic product, they have a significant effect on the economy, especially when they spawn thriving companies, said Bob Whelan, director of ECONorthwest, an economic consulting firm in Portland.

Read more at OregonLive.com.

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