Last year, private companies licensing technology from the University of Florida infused nearly $2.3 billion into the state of Florida economy and accounted for the employment of more than 10,600 people.
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In industry output or sales revenues. UF's impact statewide is similar to the direct output or employment of: the state's trucking industry, its grocery food store sector and all home construction activities in Florida.
UF's overall economic impact has grown despite the challenge of the recession, and both direct employment and student enrollment remained relatively unchanged at UF since 2009-2010.Statewide Impact
UF's total revenue sources in 2014–2015
UF's revenue from non-state sources
UF's revenue from state sources
In 2015, the value of research awards to Preeminence faculty hires was more than three times their paid salaries & benefits.Preeminence ROI
The university contributed $7.83 billion to the State Gross Domestic Product, generating 135,576 full- and part-time jobs.
The University of Florida infused $2.3 billion into the Florida economy, and accounted for 10,600+ jobs.
UF attracted four million people who attended educational, cultural, health care and athletic events sponsored by the university. These attendees spent $253 million.
— Alan Hodges, UF/IFAS economist