UK research awards break $300 million mark

Research funding at the University of Kentucky broke the $300 million mark for the first time during fiscal 2010, which ended June 30.

The 31.5 percent yearly increase to $337,623,982 was largely due to the American Recovery and Reinvestment Act of 2009, which accounted for $64.5 million of the total.

The university's research funding total for fiscal year 2008 was $256,740,712.

UK vice president for research James W. Tracy said total research awards were up more than seven percent and federal awards increased almost 20 percent.

"...With the university working harder than ever to commercialize our discoveries and innovations, the impact will be felt for years to come," said UK president Lee Todd in a statement.