Making a Difference in Florida's Economy

research and innovation by the numbers

Economic Impact

Florida's research dollars contribute significantly to boosting Florida's economy.¹

FY2021-22

$866M

State Funding

$3.8B

Federal Funding

22,170

Jobs Supported by External Funding

R&D Expenditures

Florida's public university system ranks #5 in the nation in terms of research expenditures.²

FY2021-22

$2.56B

Total Expenditures

$1.18B

Federal Expenditures

$163.7M

Industry-related Expenditures

Grants

Florida is a leader in funded grants for R&D.¹

FY2021-22

4,580

Industry-related
Grants & Contracts

169

Grants between State Universities

Innovation and Commercialization

Florida ranks second in the U.S. for the number of public universities in Heartland Forward's Top 25 Tech Transfer and Commercialization Index³ The Sunshine State is also home to the world's top research incubator for 2020—the University of Florida's Sid Martin Biotech.⁴

40

Startups
FY2019-20

463

Licenses and
Options Executed
FY2019-20

1,287

Patents Awarded
FY2019-21

¹ State University System 2023 Research & Innovation Dashboard, 2023.
² NSF Higher Education Research and Development Survey, 2021.
³ Research to Renewal: Advancing University Tech Transfer. Heartland Forward, 2022.
⁴ International Business Innovation Association, 2020.

Making a Difference in Florida's Economy

research and innovation by the numbers

Economic Impact

Florida's research dollars contribute significantly to boosting Florida's economy.¹

$866M

$3.8B

22,170

R&D Expenditures

Florida's public university system ranks #5 in the nation in terms of research expenditures.²

$2.56B

$1.18B

$163.7M

Grants

Florida is a leader in funded grants for R&D.¹

4,580

169

Innovation and Commercialization

Florida ranks second in the U.S. for the number of public universities in Heartland Forward's Top 25 Tech Transfer and Commercialization Index³ The Sunshine State is also home to the world's top research incubator for 2020—the University of Florida's Sid Martin Biotech.⁴

40

463

1,287

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Browse by STEM

Making a Difference in Florida's Economy

research and innovation by the numbers

Economic Impact

Florida's research dollars contribute significantly to boosting Florida's economy.1

$866M

$3.8B

22,170

R&D Expenditures

Florida's public university system ranks #5 in the nation in terms of research expenditures.2

$2.56B

$1.18B

$163.7M

Grants

Florida is a leader in funded grants for R&D.1

4,580

169

Innovation and Commercialization

Florida ranks second in the U.S. for the number of public universities in Heartland Forward's Top 25 Tech Transfer and Commercialization Index3 The Sunshine State is also home to the world's top research incubator for 2020—the University of Florida's Sid Martin Biotech.4

40

463

1,287

About

Discover

Connect

Keyword Search

Browse by STEM

Florida's research dollars contribute significantly to boosting Florida's economy.¹

Florida's public university system ranks #5 in the nation in terms of research expenditures.²

Florida is a leader in funded grants for R&D.¹

Florida ranks second in the U.S. for the number of public universities in Heartland Forward's Top 25 Tech Transfer and Commercialization Index³ The Sunshine State is also home to the world's top research incubator for 2020—the University of Florida's Sid Martin Biotech.⁴