Purdue research funding reaches record highs
July 17, 2015
WEST LAFAYETTE, Ind. — Research funding at Purdue University has soared to record levels, reaching $401 million for the fiscal year completed on June 30. The Purdue University Board of Trustees received the report Friday (July 17), signaling 2014-15 as Purdue’s best year for external research funding when ARRA funds are excluded from award totals.
One reason research funding continues its rise at Purdue is an emphasis on corporate-funded research projects, especially in the industrials and foundations area. Thanks to a $40 million gift from Lilly Endowment Inc., last year’s industrials and foundations awards totaled $133.6 million, a 36 percent increase from the previous year. Since 2010 award totals for industrial and foundation projects have more than doubled.
“Congratulations to our faculty colleagues and researchers at Purdue, who have worked hard to achieve this record level of extramural research funding,” said Suresh Garimella, Purdue’s executive vice president for research and partnerships and the Goodson Distinguished Professor of Mechanical Engineering. “We are very fortunate that Purdue’s research excellence is shining through and increasingly recognized, and I am pleased that the staff in our office is able to support the great efforts of our faculty. With the support of these awards, our faculty will continue to push the boundaries of discovery and raise the profile of both the research and student experiences at Purdue University.”
For more on research at Purdue, visit www.purdue.edu/research/.
Writer: Charlie Henry, 765-496-2644, email@example.com
Source: Suresh Garimella, 765-494-6209, firstname.lastname@example.org
Related news release:
Trustees laud strong year: http://www.purdue.edu/newsroom/releases/2015/Q3/trustees-laud-strong-year.html