A RECORD BREAKING YEAR FOR ECE RESEARCH (AGAIN)
ECE Secures Historic $81.3 Million in Research Funding, Driving Future Technologies and Addressing Workforce Challenges
This fiscal year (FY 23), ECE received $81.3 million in sponsored research funding, breaking last year’s record of $81.1 million and setting a new record for the second consecutive year.
Additionally, the School set a new expenditure record of $112 million for FY 23, with $70 million dedicated to sponsored research. These figures reflect a broader trend of growing research investment and activity for the School.
The considerable funding interest from industry, governmental entities, and
philanthropy is geared at fueling cutting-edge research taking place at the
School that broadly aims to enhance current technologies and pave the way for future innovation.
It also underscores the need to cultivate the future workforce of electrical and computer engineers crucial to addressing a significant shortage of workers in the field.
“It’s an exciting time for ECE at Georgia Tech,” said Arijit Raychowdhury, the Steve W. Chaddick School Chair and professor. “The dedication of our entire community to stay engaged and dedicated, recognizing that our work is greater than any one individual, sets us apart. This collective effort underscores the importance of our work now more than ever.”
ECE’s record research numbers align with funding trends across Georgia Tech, which ranked No.17 in higher education research and development (and No. 1 among universities without a medical school). The ranking, based on an annual survey conducted by the National Science Foundation, reflects a year of innovations in healthcare, computing, and sustainability research.
Georgia Tech’s record $5.3 billion economic impact for FY 23 also underscores its leading role in driving Georgia’s economic growth and job creation, with the highest state impact and employment contribution.
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FINANCES
New external research funding in FY 23 totaled $81,341,651 from grants and contracts, a record number for ECE. Of the $81.3 million total, 38% came from government, 38% came from industry, 22% came college/university/research institutes, and 2% from other sources.
The School spent $111,877,774 from state, sponsored research, and departmental sales and services sources. This money mostly pays for faculty, staff, graduate student support, and researcher salaries, and the rest is used for materials and supplies, travel, and equipment in support of our research and educational missions.
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