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University of Minnesota tells House committee its research enterprise tops $1.3 billion and fuels startups
Summary
University research officials told the House Higher Education Finance and Policy Committee the system recorded about $1.32 billion in research expenditures in 2023 and that federal grants — chiefly from the National Institutes of Health — supply the largest share of that funding.
The University of Minnesota told the House Higher Education Finance and Policy Committee on the day’s agenda that its research enterprise had $1.32 billion in research expenditures in 2023 and drives roughly $11.5 billion in statewide annual economic impact.
The university’s Research and Innovation Office representatives said the system spans five campuses, concentrates federal support (with the National Institutes of Health the single largest federal funder), and converts some research into startups and commercial products. “We are an over a $1,000,000,000 research enterprise that benefits the state and creates opportunities for our students,” Kimberly Kirkpatrick said during the committee presentation.
Why it matters: Committee members said they want more detail on how state research dollars are spent and on outcomes that return value to Minnesota. Several lawmakers pressed presenters for follow-up numbers — including the share of research funding that comes from state sources, the markets for…
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