Economic Impact

 

$3.16 billion

in annual economic impact on the state’s economy

 

 

$3.6 billion

in revenue generated by businesses supported through VentureAccelerator

 

 

40 partnerships

with Maryland public schools that serve as sites for interns, research and professional development for teachers

 

 

10,421 degrees

awarded in FY15, including nearly one-forth of all STEM degrees in Maryland

 

 

$33.9 billion

in revenue & 8,000 jobs directly created by Mtech Ventures over the last 30 years

 

 

$750 million

in new private investment in the city of College Park in the past three years

 

 

334 joint research proposals

with the University of Maryland, Baltimore through MPowering the State,

yielding $75 million in funding since FY13

 

 

10,000 entrepreneurs

served by and nearly 200 businesses started through UMD’s Small Business Center in federal FY15. That created 1,200 jobs and provided $201M in state tax revenues

UMD’s Impact

Lobbying Guidelines

Alumni Advocacy

Terps in Government

UMD Leadership

The University of Maryland plays a critical role in every part of the state’s economy. Each year, our flagship institution graduates thousands of students who strengthen the workforce as scientists, scholars, engineers, entrepreneurs and innovators. We attract investment, launch successful startups and stimulate job creation. We share our expertise with businesses and communities on important issues such as health care, education and the environment.

 

We are proud to serve our state.

additional resources

Statewide Initiatives →