In 2024, The University of Cincinnati (UC) and its affiliates achieved a record $740 million in research expenditure, marking a 6% increase from the previous year. The university also received $323 million in research awards in 2024, a 3% increase from the prior year. These figures underscore UC’s significant role in driving innovation and economic development through its robust research capabilities.
Federal funding forms a substantial portion of UC’s research portfolio. The U.S. Department of Health and Human Services (including the National Institutes of Health) provided $124 million, and the National Science Foundation contributed $21 million to the university. The U.S. Department of Defense awarded $19 million, and the U.S. Department of Education granted UC $14 million. This federal support is crucial in advancing UC’s research initiatives across various disciplines.
UC’s Venture Lab, located in the 1819 Innovation Hub, has been instrumental in fostering entrepreneurship and driving economic impact. Since its launch in 2018, the Venture Lab has graduated over 330 startup ventures. The university’s commitment to innovation is further exemplified by its partnerships with other institutions. UC has formed the first-ever cross-institutional partnership with Cincinnati State University, Wright State University, the University of Dayton, and Xavier University to accelerate startup launches. This collaboration aims to leverage assets and resources across the region, contributing to large-scale economic development.
