<p>GAINESVILLE, Fla. University of Florida faculty continue to excel at securing research funding, even in a weak economy. Last year, nearly 2,000 faculty received $574 million in research awards, a 2.2 percent increase over the previous fiscal year.</p>
<p>Led by double-digit increases to both the College of Liberal Arts and Sciences and the Institute of Food and Agricultural Sciences, the universitys total for the 2008-2009 fiscal year that ended June 30 represented a $12.4 million increase over $561.6 million in 2007-2008.</p>
<p>During a challenging economic period when the university has been under extreme budgetary pressures, our faculty continued their commitment to securing external funding for their research, said Win Phillips, UFs vice president for research. In addition to furthering science, this funding impacts all facets of Floridas economy, benefiting everyone from construction workers to graduate students.</p>
<p>The $574 million in research funding generates more than $1.2 billion in business activity and 10,500 jobs, according to economic impact methodology from the U.S. Department of Commerce.</p>