sam patrick posted an articleUSC sets record for research funding see more
University of South Carolina faculty have again broken their previous record-high external funding by garnering $278.6 million in research and sponsored awards in fiscal year 2019 (July 1, 2018 through June 30, 2019). FY2019 was the fifth consecutive year of record-breaking funding totals, beating the previous record of $258.1 million, set in fiscal year 2018, by 8 percent.
UofSC Vice President for Research Prakash Nagarkatti said, “Sustained growth of this magnitude does not happen by accident. By making strategic investments in our exceptional scholars and our infrastructure, the University of South Carolina is building a research community characterized by innovation and excellence that has made and will continue to make an enormous positive impact on our state, nation and world. I am so honored to work with such outstanding faculty, students and staff, who continue to raise the bar year after year.”
Vice President Nagarkatti credits strategic internal investments in research and infrastructure with helping to generate the growth that has increased research and sponsored awards totals for each of the past five years. The Advanced Support for Innovative Research Excellence, or ASPIRE program, provides an example of how internal programs that fund meritorious research and multi-user infrastructure generate strong returns on investment. Since its inception in 2012, ASPIRE has provided $16.1 million to fund 597 faculty and postdoctoral scholar research projects in subject areas from art to mathematics and from medicine to library science. Past ASPIRE recipients have garnered more than $171.2 million in subsequent extramural funding, including $71.8 million in funding that was directly attributable to groundwork laid with an ASPIRE award. This represents more than a four-fold direct return on investment.
sam patrick posted an articleMUSC topped its record for annual biomedical research funding with more than $276 million in FY2018 see more
The Medical University of South Carolina has broken its own record as the state’s leader in garnering extramural funding for biomedical research. MUSC set a new high-water mark in FY2018, bringing in more than $276.5 million. The previous MUSC record for annual biomedical research funding was more than $259 million, set in FY2016.
“Being the state’s leader in biomedical research funding year after year is a significant accomplishment, and we applaud the passion and expertise of our dedicated scientists and their teams,” said David J. Cole, M.D., FACS, MUSC president. “Even so, reaching another record-breaking number is not an end in itself. The true impact of MUSC research is reflected in how we translate discoveries into new modalities of care and life-changing therapeutics. Research is a dynamic force that fuels how we fulfill our mission to lead health innovation for the lives we touch,” he added.
Kathleen Brady, M.D., Ph.D., vice president for Research, called the accomplishment outstanding, especially during a period when being awarded research grant funding has become more intensely competitive than ever before. No other publicly assisted academic institution in South Carolina consistently garners near $250 million in research funding year after year.