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University of Minnesota tells Senate committee it generates $11.5 billion economic impact, robust research and a health‑care partnership proposal
Summary
University of Minnesota leaders gave a system overview, highlighted a newly released economic impact report, described research and commercialization activity, and previewed a proposed nonprofit health‑care partnership with Essentia Health during testimony to the Senate Higher Education Committee.
University of Minnesota officials told the Senate Higher Education Committee that the system produces an estimated $11.5 billion annual economic impact for Minnesota, supports nearly 90,000 jobs and is pursuing partnerships to address statewide health‑care workforce and service needs.
Melissa Lopez Fransen, who represents the University of Minnesota in government and community relations, told the committee the university had updated its economic impact estimate and is proposing a new nonprofit entity, in partnership with Essentia Health, to address urgent health‑care needs and workforce training in the state.
"The economic impact that we have now updated is an estimated $11,500,000,000 for the state," Lopez Fransen said, adding that the university…
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