NIH research funding in Vermont: $66.4 million, 1,026 jobs


Vermont Business Magazine A new report finds that the $66.4 million in National Institutes of Health (NIH) research grants awarded in Vermont last year supported 1,026 jobs and $146 million in economic activity. The University of Vermont received the lion share of the grants, worth about $60 million in 2021. See Vermont grant recipients for the last three years below.

According to a report released Monday by United for Medical Research (UMR), research funding from the National Institutes of Health (NIH) supported 552,444 jobs and generated $94.18 billion in economic activity last year – or $2.60 of economic activity for every $1 of research funding. 

The report, NIH’s Role in Sustaining the U.S. Economy, looks at the national and state-level impact of NIH research funding.

“As this report shows, before a single discovery is even made, NIH research funding has a positive economic impact on people and communities across the U.S.,” said UMR President Chris Austin.  “While the role that the NIH plays in saving and improving lives is well known, fewer people are aware of its critical impact on our economy – from supporting jobs and economic activity, as this report illustrates, to fueling the fundamental research and discovery that keeps America at the forefront of biomedical innovation.”

More than 80 percent of the NIH budget is awarded in grants each year, directly and indirectly supporting jobs. The income generated by these jobs, as well as by the purchase of research-related equipment, services and materials, when cycled through the economy, produces new economic activity. In Fiscal Year 2021, $35.73 billion was awarded to researchers in the 50 U.S. states and the District of Columbia. 

The states that saw the largest percent increase in awards in 2021 were: Delaware, Mississippi, North Dakota, Alaska and Arkansas. In 26 states, at least 5,000 jobs were supported by NIH research and 31 states saw at least $500 million in new economic activity as a result. In 22 states, new economic activity exceeded $1 billion.

Since 2016, Congress has provided back-to-back increases to the NIH budget. Compared to FY15, increases to the NIH budget in FY21 resulted in $12.91 billion more grant funding to researchers, $33.46 billion more economic activity and 200,095 more jobs. The steady gains in the NIH budget are helping to restore the agency’s purchasing power after more than a decade of stagnant funding. However, factoring in inflation, NIH appropriations remain below their 2003 peak.

“We are tremendously grateful to the medical research champions in the U.S. House and Senate who have spearheaded the recent increases in funding for the NIH. They are advancing cures, helping communities nationwide to thrive and maintaining America’s leadership in a critical field,” said Austin.

VERMONT AWARDS BY INSTITUTION

           
           
2022 to date          
MICROBRIGHTFIELD, LLC WILLISTON VT UNITED STATES 1 $995,291
NORTHERN VERMONT UNIVERSITY-JOHNSON JOHNSON VT UNITED STATES 1 $57,719
SAMBA BIOLOGICS INCORPORATED SOUTH HERO VT UNITED STATES 1 $498,271
UNIVERSITY OF VERMONT & ST AGRIC COLLEGE BURLINGTON VT UNITED STATES 32 $11,007,158
           
           
           
2021          
HEALTHY DESIGN, LTD. CO. CHITTENDEN VT UNITED STATES 1 $1,490,227
MICROBRIGHTFIELD, LLC WILLISTON VT UNITED STATES 5 $3,377,102
MIDDLEBURY COLLEGE MIDDLEBURY VT UNITED STATES 2 $755,645
NORTHERN VERMONT UNIVERSITY-JOHNSON JOHNSON VT UNITED STATES 1 $57,705
PRECISION BIOASSAY, INC BURLINGTON VT UNITED STATES 1 $251,991
UNIVERSITY OF VERMONT & ST AGRIC COLLEGE BURLINGTON VT UNITED STATES 118 $59,906,237
WISER SYSTEMS, LLC CHARLOTTE VT UNITED STATES 1 $512,563
TOTAL         $66,351,470
           
           
2020          
BIOCOGNIV INC. SOUTH BURLINGTON VT UNITED STATES 1 $299,749
HEALTHY DESIGN, LTD. CO. CHITTENDEN VT UNITED STATES 2 $1,107,841
MICROBRIGHTFIELD, LLC WILLISTON VT UNITED STATES 2 $2,062,776
MIDDLEBURY COLLEGE MIDDLEBURY VT UNITED STATES 3 $1,147,112
UNIVERSITY OF VERMONT & ST AGRIC COLLEGE BURLINGTON VT UNITED STATES 115 $66,370,127
WISER SYSTEMS, LLC CHARLOTTE VT UNITED STATES 1 $574,448
TOTAL         $71,562,053
           
           
2019          
HEALTHY DESIGN, LTD. CO. CHITTENDEN VT UNITED STATES 1 $729,948
MICROBRIGHTFIELD, INC. WILLISTON VT UNITED STATES 2 $1,448,551
MIDDLEBURY COLLEGE MIDDLEBURY VT UNITED STATES 2 $727,565
UNIVERSITY OF VERMONT & ST AGRIC COLLEGE BURLINGTON VT UNITED STATES 121 $61,352,972
TOTAL         $64,259,036

UMR is a coalition of leading research institutions, patient and health advocates and private industry seeking steady and sustainable increases in funding for the National Institutes of Health in order to save and improve lives, advance innovation and fuel the economy.

WASHINGTON, DC – United for Medical Research 3.22.2022



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