UCF sees funding increase, receives $133.4 million
As the 2014-15 fiscal year comes to an end, UCF's total research funding has opened a door of opportunities for researchers.
During the fiscal year, UCF received $133.4 million in research funding.
Throughout the past year, federal funding has increased at UCF from $72.2 million to $74.2 million, according to a release. Researchers also received funding from industrial sources and state and local governments, totaling at $59.2 million.
The diligence of researchers are continuing to be the university's biggest asset, MJ Soileau, vice president for the Office of Research & Commercialization, said in the release.
"The fact that our efforts are being recognized in national rankings is the result of years of persistence and vision by researchers across the university," he said.
In the past month, UCF was ranked as the nation’s 13th most innovative university by the U.S. News & World Report’s Best Colleges 2016 guide.
According to the release, researchers at the College of Engineering & Computer Science received $24.4 million, which was a 6-percent increase from last year, and more funding than any other college or center.
One of the projects that was funded at the college was the Multi-functional Integrated System Technology Center with the University of Florida. The project aims at developing better systems to connect data to the Internet, and to analyze traffic along I-4 and I-75 to help keep drivers protected in foggy weather.
Other research departments that received funding for its developments were the Institute for Simulation and Training, which received $15.5 million, and the College of Optics and Photonics, receiving $14.7 million.
The fiscal year ended with 29 researchers receiving $1 million or more in research, according to the release.
UCF was also awarded two grants totaling slightly below $750,000 from the U.S. Economic Development Administration’s Office of Innovation and Entrepreneurship to help expand the entrepreneurship ecosystem in Central Florida. College of Engineer and Computer Science community partners raised additional funds, matching the two grants.
Shanae Hardy is a Digital Producer for the Central Florida Future. Email her at ShanaeH@CentralFloridaFuture.com