Florida’s research dollars contribute significantly to boosting Florida's economy.
FY2017-18
$71B
State Funding
$3.06B
Federal Funding
19,860
Jobs Supported
R&D Expenditures
Florida’s public university system ranks #5 in the nation in terms of research expenditures.1
FY2017-18
$2.28B
Total Expenditures
$1.02B
Federal Expenditures
$169.2M
Industry-related Expenditures
Grants
Florida is a leader in funded grants for R&D.
FY2019-20
14,407
Grants & Contracts
3,902
Industry-related Grants & Contracts
191
Grants between State Universities
Innovation and Commercialization
Florida ranks second in the U.S. for the number of public universities in the Milliken Institute’s Top 25 Best Universities for Tech Transfer.2 The Sunshine State is also home to the world’s top research incubator—the University of Florida’s Sid Martin Biotech.3
37
Startups FY2017-18
413
Licenses and Options Executed FY2017-18
1,134
Patents Awarded FY2017-19
1 NSF Higher Education Research and Development Survey, 2016 2 Milliken Institute, 2017. 3 International Business Innovation Association, 2017.
