UMaine achieves fifth straight year of record-breaking research funding

For the fifth consecutive year, the University of Maine’s research enterprise has achieved all-time high record levels of receiving and expending R&D funding.

In fiscal year 2024, the total external funding has reached $225.3 million resulting in a 19% increase over $189.7 million in fiscal year 2023 and a 147% increase over six years. Additionally, total expenditures for research, development and other scholarly activities have reached $249.3 million, resulting in a 1.5% increase over $245.7 million for fiscal year 2023 and an 81% increase over six years.

Visit the UMaine Research website to learn more about this research funding milestone and examples of the projects it supports. 

Contact: Daniel Timmermann, daniel.timmermann@maine.edu