The University of Maine achieves record-breaking success in its innovative research and development (R&D) efforts. For the fifth consecutive year, UMaine\u2019s research enterprise has achieved all-time high record levels in growth and impact, as measured by multiple indicators, including R&D funding received and expended.<\/p>\n\n\n\n
Specifically, in the fiscal year 2024, the total external funding has reached $225.3 million, as compared to $189.7 million for fiscal year 2023, resulting in a 19% increase over the previous year and 147% increase over six years. Additionally, total expenditures for research, development and other scholarly activities have reached $249.3 million, as compared to $245.7 million for fiscal year 2023, resulting in a 1.5% increase over the previous year and 81% increase over 6 years.<\/p>\n\n\n\n