Life Science Company and Industry News Briefs

8 Funding Facts for the University of Illinois, Chicago

Posted by Katheryn Rein on Wed, Nov 19, 2014

The University of Illinois, Chicago is highlighted time and time again in the Science Market Update for its researchers' critical discoveries and contributions to science. But what about the grants and awards that go into funding these projects? Read on to discover the top 5 funding facts you should know about UIC:

1. Illinois Governor Pat Quinn released $64 million in capitol funds to establish the Advanced Chemical Technology Building (ACTB) at UIC, and construction on this collaborative research facility began in Spring 2014. Since that 2012 announcement, this project has garnered an additional $40 million in support bringing the building's budget to $104 million

Market lab products at the University of Illinois Chicago in 2015

The new Advanced Chemical Technology Building at UIC (Read more about the ACTB project here)

 

2. In the 2014 Fiscal Year, UIC received $118 million from the National Institutes of Health, ranking in the top 50 most highly funded institutes by the NIH. The medical school located at the Chicago campus, also the largest medical school in the country, is ranked 25 based on the amount of funding by the NIH

3. UI Chicago has over $335 million worth of research expenditures and regularly ranks within the top 50 US institutes for research expenditures.

4. University of Illinois at Chicago averages a 225:1 ROI based on data collected by the Office of the Vice Chancellor for Research 

5. Departments with the highest funding based on 2014 NIH awards:

  • Pharmacology – 39 awards, $18.8 million
  • Internal Medicine – 42 awards, $13.1 million

  • Opthamology - 21 awards, $10.1 million
  • Biochemistry – 22 awards, $7.1 million
  • Microbiology/ Immunology/ Virology – 13 awards, $4 million

  • Biology - 11 awards, $3 million

     

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An active researcher at UIC meets with a lab supply company to find new products to use in the lab at the 2014 BioResearch Product Faire™ Event. 

The University of Chicago, Illinois is thriving with new research projects and the need for lab equipment and supplies to stock life science buildings and newly funded projects has never been higher. 

With an average attendance of nearly 400 researchers and related staff at our annual UI Chicago event, exhibiting companies and university attendees all benefit from the event. 

UIC has the demand, will YOU provide the supplies? Register now for the 16th annual BioResearch Product Faire™ Event in 2015 by clicking on the button below:

 

Learn More About  UIC Event

 

Biotechnology Calendar, Inc. is a full-service science research marketing and events-planning company that has been organizing life science marketing events at top research institutions across the nation for the past 20 years. If you are interested in increasing your vendor show sales and research product sales at events in another region, we encourage you to view our 2015 trade show calendar. For more information on funding at the University of Illinois, Chicago, visit the link below: 


Get More University of Illinois,  Chicago Funding Stats

Tags: University of Illinois, 2015, BioResearch Product Faire Event, Chicago, IL, UIChgo, Illiniois

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