CU Boulder's research and creative works portfolio continues to hold strong with four consecutive years of over half-billion dollars in sponsored projects funding and nearing $500 million in expenditures for fiscal year 2020 (FY20).
Solid growth in sponsored projects starts with the submission of proposals with over $2.4 billion dollars submitted in proposed projects for FY20. In the third year of capturing service activities, 94 contracts accounted for nearly $5 million. Service activities are a valuable approach to enhance relationships, increase research funding, utilize university facilities or equipment with excess capacity and provide job opportunities for students. Research expenditures held steady at nearly $490 million.
Federal agency funding continues to hold strong along with greater support coming through projects with industry, other universities, international partners and gift support of research from foundations, private entities and individuals. Collaborations both nationally and internationally are integral to the robust nature of research and has continued to grow. Nearly 500 external partners are involved in active research originating from CU Boulder with over $54 million in subawards and subcontracts issued in FY20.