Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

March 22, 2023

Report: National Institutes of Health added $264M to Maine economy in 2022

2 people in masks and lab coats with test tubes COURTESY / UNIVERSITY OF MAINE The University of Maine/Orono received seven National Institutes of Health research grants totaling $2,726,984 in 2022.

The National Institutes of Health supported 1,950 jobs and $264 million in economic activity in Maine during 2022 through $112.7 million in grants and contracts, according to a new report. 

The sum was above NIH funding of $109.7 million in 2021. According to the report by United for Medical Research, a coalition of research institutions, patient and health advocates and private industry, every $1 invested yields $2.64 in new economic activity. 

FY22 research funding in Maine was awarded to:

Nationwide, $36.68 billion in research funding from the National Institutes of Health supported 568,585 jobs and generated $96.84 billion in new economic activity nationwide last year. 

More than 80% of the NIH budget is awarded via grants each year. Funding supports employment and the purchase of research-related goods, services and materials. 

The NIH budget has seen increases each year since 2016, putting the agency on a sustainable growth path after years of flat funding. Compared to FY15, increases to the NIH budget in FY22 resulted in $13.86 billion more grant funding to researchers, $36.13 billion more economic activity and 216,236 more jobss

Sign up for Enews

Mainebiz web partners

Related Content

0 Comments

Register for free to read more articles.

Register Now

Already have an online account? Login

To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy

Allow Cookies