Categories: Economy

Hawai’i Receives $58 Million in Federal Biomedical Research Grants from NIH, Generating $158 Million in Economic Activity and Supporting 819 Local Jobs

The University of Hawaiʻi received $58 million in federal biomedical research grants from the National Institutes of Health (NIH) in Fiscal Year 2023, which ran from July 1, 2022, through June 30, 2023. This funding had a significant economic impact in the state, generating $158 million in economic activity and supporting 819 local jobs. The findings were reported in the United for Medical Research 2024 annual report, which analyzed the economic effects of NIH funding across all 50 states and the District of Columbia.

In Fiscal Year 2023, Hawaiʻi received a total of $68.7 million in NIH funding, with 85% of that amount going to the University of Hawaiʻi. Of the 93 NIH grants awarded, 79 were directed to various projects at UH institutions. The UH Cancer Center and the UH Mānoa John A. Burns School of Medicine were responsible for a majority of the NIH-funded research projects during that year.

Vassilis L. Syrmos, Vice President for Research and Innovation at UH, emphasized the importance of this funding to researchers at his institution. It supports their efforts to develop cures for diseases, combat cancer and improve health equity especially in underrepresented groups and rural communities in Hawai‘i and Pacific Islands region. Additionally, these extramural grants provide much-needed financial support to Hawaii’s economy through research-related expenditures contributing significantly to job creation and economic growth within the state.

On a national scale, NIH funding reached $37 billion in Fiscal Year 2023, supporting over 400 thousand jobs and generating $92 billion in new economic activity. This illustrates the widespread impact of NIH funding on research, job creation and economic growth across

Samantha Johnson

As a passionate content writer at newschemical.com, my name is Samantha Johnson. With a background in journalism and a keen eye for storytelling, I craft compelling articles that captivate and inform our readers. From breaking news to in-depth features, I strive to deliver content that is not only engaging but also insightful. With a love for words and a dedication to accuracy, I work diligently to keep our audience informed and engaged with the latest stories and trends. Join me on this journey through the world of news and knowledge at newschemical.com.

Share
Published by
Samantha Johnson

Recent Posts

Can the Florida Gators Overcome Tough Schedule and Win Double-Digit Games in 2021?

The Southeastern Conference officially expanded to 16 teams on July 1, with the addition of…

14 mins ago

Top 10 College Football Programs for Ladarian Clardy: A Look into the Rankings and Georgia’s Interest

Ladarian Clardy, a highly-regarded four-star safety recruit from Escambia High School in Pensacola, Florida, has…

18 mins ago

New Coach DeBoer Brings in Talent for Alabama Football: Germie Bernard’s Potential Standout Season

As the 2024 offseason approached, new head coach Kalen DeBoer wasted no time utilizing the…

21 mins ago

Exclusive Interview: Elon Musk’s Latest Addition to his Fleet: The Gulfstream G700

Qatar Airways’ private jet subsidiary has recently taken delivery of two Gulfstream G700s, a luxurious…

23 mins ago

Men and Women Dominate at 2024 World Cup in XCO Cycling

Puck Pieterse has emerged victorious in the sixth round of the 2024 World Cup series…

27 mins ago

LeBron James Takes a Pay Cut to Help Lakers Avoid Penalties: A Symbolic Gesture or Real Sacrifice?

LeBron James recently signed a new two-year contract with the Los Angeles Lakers, but reports…

28 mins ago