UT ARLINGTON RESEARCH CONTRIBUTES $226 MILLION TO U.S. ECONOMY
A new report shows that research projects at The University of Texas at Arlington contributed one quarter of a billion dollars—$226.4 million, to be exact—to the national economy through 797 vendor contracts and subcontracts between 2018 and 2022. Of those contracts, 111 were from small businesses and 87 from minority- or woman-owned businesses.
“Research coming from UT Arlington faculty and students not only helps solve some of society’s most vexing problems, but it is also an important economic driver for business development,” said Kate C. Miller, vice president for research and innovation at UTA. “This report makes clear that UTA research spending has a significant ripple effect throughout the local, regional and national economies.”