florida.HIGH.TECH florida.HIGH.TECH 2018 | Page 36

USF Letter from the President A t the University of South Florida (USF), our extraordinary faculty, staff and students continue to propel us to new heights. We established a new record, $505.9 million, in total research expenditures during the 2017 fiscal year. The National Science Foundation ranks USF 28th in the nation for research expenditures. In addition, our faculty and researchers attracted a record $475.2 million in contracts and grants. Those funds support cutting-edge research that is addressing critical issues across The Corridor, the state of Florida and the nation. Our scholarship and research extend across the world as well; in 2017, USF led the state with the most Student Fulbright Awards (10), and in 2016, we had the highest number of faculty Fulbright Scholars (12) of any university in the nation. USF’s research enterprise has a significant economic impact. According to the National Institutes of Health, every $1 in research funding translates to $2.21 in local economic growth. Our fiscal year 2017 research funding alone supported more than 5,900 jobs and generated more than $1 billion in local growth. But it’s not just the dollars attached to our research productivity that is so impressive; it is how we apply our creativity to real-world problems and finding practical solutions. USF ranks first in Florida, fifth in the nation among public universities and 11th worldwide for granted U.S. patents among all universities, according to the Intellectual Property Owners Association/NAI. We are constantly exploring new ways to contribute to Corridor growth. As one example, we have established the Office of Corporate Partnerships as a new “front door” for businesses seeking to collaborate with the university. The office will make it easier for corporate entities to navigate the world of academic research and development, and it will expand on our strong history of partnering with leading employers to advance our economy. I encourage you to visit the office’s website (usf. edu/research-innovation/ocp/) to learn more. We look forward to working with you to create greater opportunities throughout The Corridor. At USF, we have incredible momentum. And we’re just getting started. Cordially yours, Dr. Judy Genshaft President, University of South Florida System 32