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<!doctype html>
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<section id="textbanner" class="show-for-medium-up">University of Connecticut's Annual Impact on the Connecticut Economy</section>
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<section id="textbanner_mobile" class="show-for-small-only">University of Connecticut's Annual Impact on the Connecticut Economy</section>
<div id="page-content">
<section id="home" class="intro" data-equalizer>
<article id="article-11" class="article row">
<div class="inner">
<h1 id="mainTitle" style="text-align: center;">$3.4 Billion</h1>
<h2 style="text-align: center;">Total annual economic impact</h2>
<div class="factbox small-12 medium-4 columns" data-equalzer-watch style="height: 267px;">
<div class="inner">
<p></p>
<p>
<img class="alignnone size-full wp-image-55" src="images/icon_ct.png" alt="State of Connecticut icon" width="156" height="108">
</p>
<h3>$202M</h3>
<p>
<strong>State and local tax revenue</strong>
</p>
<p></p>
</div>
</div>
<div class="factbox small-12 medium-4 columns" data-equalzer-watch style="height: 267px;">
<div class="inner">
<p></p>
<p>
<img class="alignnone size-full wp-image-58" src="images/icon_many_people.png" alt = "Group of workers icon" width="156" height="108">
</p>
<h3>24,000+</h3>
<p><strong>UConn-supported jobs</strong></p>
<p></p>
</div>
</div>
<div class="factbox small-12 medium-4 columns" data-equalzer-watch style="height: 267px;">
<div class="inner">
<p></p>
<p>
<img class="alignnone size-full wp-image-59" src="images/icon_money_up.png" alt="Creating profit icon" width="156" height="108">
</p>
<h3>$11.80</h3>
<p><strong>UConn generates $11.80 for every state-funded dollar.</strong></p>
<p></p>
</div>
</div>
<p>
From jobs on campus to partnerships with startup businesses, the economic impact of the University of Connecticut can
be felt across the entire state. UConn prepares the work force of tomorrow, pioneers innovation in new products and
research, and is responsible for 1 out of every 90 jobs in Connecticut. From its humble origins as an agricultural college
on donated land, UConn has become one of the central pillars of the state economy.
</p>
</div>
</article>
</section>
<section id="research" class="research" data-equalizer>
<div class="photo-banner" style="background-image: url(images/ResearchBanner.jpg)" alt="Researchers in a lab photo"></div>
<article id="article-20" class="article row">
<div class="inner">
<header class="article-header"><h1 id="researchTitle" class="article-title">Research</h1></header>
<div class="article-content">
<div class="factbox small-12 medium-4 columns" data-equalizer-watch style="height:276px;">
<div class="inner">
<p></p>
<p>
<img class="alignnone size-full wp-image-61" src="images/icon_pie.png" alt="Pie chart of UConn's impact" width="156" height="108">
</p>
<h3>$373.3M</h3>
<p>Economic impact of UConn's research enterprise</p>
<p></p>
</div>
</div>
<div class="factbox small-12 medium-4 columns" data-equalizer-watch style="height:276px;">
<div class="inner">
<p></p>
<p><img class="alignnone size-full wp-image-60" src="images/icon_people.png" alt="Group of researchers icon" width="156" height="108"></p>
<h3>2,081</h3>
<p>Jobs supported and sustained by UConn research</p>
<p></p>
</div>
</div>
<div class="factbox small-12 medium-4 columns" data-equalizer-watch style="height:276px;">
<div class="inner">
<p></p>
<p>
<img class="alignnone size-full wp-image-55" src="images/icon_ct.png" alt="State of Connecticut icon" width="156" height="108">
</p>
<h3>$15.2M</h3>
<p>State and local tax revenue from UConn research</p>
<p></p>
</div>
</div>
<p>
UConn’s research operations make real and vital contributions to the state’s economy.
Research dollars are out-of-state money entering the Connecticut economy through UConn,
but the impact doesn’t end there. The University is actively engaged in promoting
entrepreneurship and commercial ventures as part of its mission, and as research expenditures
continue to grow, that impact will only become greater.
</p>
</div>
</div>
</article>
</section>
<section id="community" class="community" data-equalizer>
<div class="photo-banner" style="background-image: url(images/CommunityBanner.jpg)" alt="Elementary school students in class image"></div>
<article id="article-22" class="article row">
<header class="article-header">
<h1 id="communityTitle" class="article-title">Community</h1>
</header>
<div class="article-content">
<div class="factbox small-12 medium-4 columns" data-equalizer-watch>
<div class="inner">
<p></p>
<p>
<img class="alignnone size-full wp-image-53" src="images/icon_alumni.png" alt="Group of alumni icon" width="156" height="108">
</p>
<h3>$55.8B</h3>
<p>Additional annual income earned by UConn graduates working in CT*</p>
<p></p>
</div>
</div>
<div class="factbox small-12 medium-4 columns" data-equalizer-watch>
<div class="inner">
<p></p>
<p><img class="alignnone size-full wp-image-56" src="images/icon_hand.png" alt="Volunteering hand icon" width="156" height="108"></p>
<h3>$39.7M</h3>
<p>Value of volunteer activities of faculty, staff, and students</p>
<p></p>
</div>
</div>
<div class="factbox small-12 medium-4 columns" data-equalizer-watch>
<div class="inner">
<p></p>
<p>
<img class="alignnone size-full wp-image-57" src="images/icon_heart.png" alt="Charity heart icon" width="156" height="108">
</p>
<h3>$13.7M</h3>
<p>Charitable contributions from faculty, staff, and students</p>
<p></p>
</div>
</div>
<p>
UConn is inseparable from its state and communities, a bond that is reflected in everything from the
57 percent of graduates who choose to live in Connecticut to the charitable and volunteer work done
every year by University students, faculty, and staff. From charity care provided by the UConn School
of Medicine to community nutrition programs run by the College of Agriculture, Health and Natural
Resources, UConn’s contribution to the state goes beyond dollars and cents.
</p>
<p>
*
<em>
The amount of additional income that UConn alumni (who have graduated since 1980) earn annually, over the average college graduate.
See the <a href="content/UConn-Final-EI-Report-09052014.pdf">full report</a> for more information
</em>
</p>
</div>
</article>
</section>
<section id="impact-by-campus" class="impact_by_campus">
<div class="photo-banner" style="background-image: url(images/CampusImpactBanner.jpg)" alt="Professor giving a lecture photo"></div>
<article id="article-24" class="article row">
<div class="inner">
<header class="article-header"><h1 id="impactTitle" class="article-title">Impact by Campus</h1></header>
<div id = "map_container" class="article-content">
<div id="map_list" class="impact-by-campus">
<ul class="map small-12 medium-7 columns" data-equalizer-watch style="height:382px;">
<li id = "storrs" class="storrs">Storrs</li>
<li id = "uconn-health" class="health">UConn Health</li>
<li id = "hartford" class="hartford">Hartford</li>
<li id = "avery-point" class="averyPoint">Avery Point</li>
<li id = "stamford" class="stamford">Stamford</li>
<li id = "waterbury" class="waterbury">Waterbury</li>
</ul>
<div class="factbox small-12 medium-5 columns" data-equalizer-watch>
<div class="inner">
<p></p>
<ul>
<li id = "storrs_row" class="row">
<span class="columns small-6 medium-6 large-6 number">$1.7B</span>
<span class="columns small-6 medium-6 large-6">Storrs</span>
</li>
<li id = "health_row" class="row">
<span class="columns small-6 medium-6 large-6 number">$1.5B</span>
<span class="columns small-6 medium-6 large-6">UConn Health</span>
</li>
<li id = "hartford_row" class="row">
<span class="columns small-6 medium-6 large-6 number">$102M</span>
<span class="columns small-6 medium-6 large-6">Hartford</span>
</li>
<li id = "avery_point_row" class="row">
<span class="columns small-6 medium-6 large-6 number">$43M</span>
<span class="columns small-6 medium-6 large-6">Avery Point</span>
</li>
<li id = "stamford_row" class="row">
<span class="columns small-6 medium-6 large-6 number">$25M</span>
<span class="columns small-6 medium-6 large-6">Stamford</span>
</li>
<li id = "waterbury_row" class="row">
<span class="columns small-6 medium-6 large-6 number">$17M</span>
<span class="columns small-6 medium-6 large-6">Waterbury</span>
</li>
</ul>
<p></p>
</div>
</div>
</div>
<p>
The economic benefit of UConn is Connecticut-wide, befitting a University with a physical presence
in every region of the state. UConn’s effect is widespread, but also intensely local: the University
means local jobs, local spending, and local tax revenues for communities from the shoreline to the
northwest hills. With major initiatives to expand and enhance its campuses, UConn’s local benefits
will only multiply.
</p>
</div>
<div id="_health"></div>
</div>
</article>
</section>
<section id="uconn-health" class="uconn-health" data-equalizer>
<div id="healthPhoto" class="photo-banner" style="background-image: url(images/HealthBanner.jpg)" alt="Woman getting an MRI image"></div>
<article id="article-26" class="article row">
<div class="inner">
<header class="article-header">
<h1 id="healthTitle" class="article-title">UConn Health</h1>
</header>
<div id="healthBoxA" class="factbox small-12 medium-6 large-3 columns" data-equalizer-watch style="height:267px;">
<div class="inner">
<p></p>
<p>
<img class="alignnone size-full wp-image-54" src="images/icon_bar_chart.png" alt="Bar graph of UConn's impact " width="156" height="108">
</p>
<h3>$1.5B</h3>
<p>Economic impact</p>
<p></p>
</div>
</div>
<div id="healthBoxB" class="factbox small-12 medium-6 large-3 columns" data-equalizer-watch style="height:267px;">
<div class="inner">
<p></p>
<p>
<img class="alignnone size-full wp-image-60" src="images/icon_people.png" alt="Supported workers icon" width="156" height="108">
</p>
<h3>12,039</h3>
<p>Jobs supported</p>
<p></p>
</div>
</div>
<div class="factbox small-12 medium-6 large-3 columns" data-equalizer-watch style="height:267px;">
<div class="inner">
<p></p>
<p>
<img class="alignnone size-full wp-image-55" src="images/icon_ct.png" alt="State of Connecticut icon" width="156" height="108">
</p>
<h3>$81.3M</h3>
<p>State and local tax revenue</p>
<p></p>
</div>
</div>
<div class="factbox small-12 medium-6 large-3 columns" data-equalizer-watch style="height:267px;">
<div class="inner">
<p></p>
<p>
<img class="alignnone size-full wp-image-62" src="images/icon_research.png" alt="Attracting research funds icon" width="156" height="108">
</p>
<h3>$90M</h3>
<p>Annual research dollars attracted</p>
<p></p>
</div>
</div>
<p id="_news">
As a major university hospital, UConn Health serves many purposes: it provides training and instruction for medical
and dental students; it’s a major component of the University’s research mission; and it provides quality hospital
and outpatient care to the people of Connecticut. With the creation of the Bioscience Connecticut initiative, UConn
Health will provide growing benefits to the state for many years to come.
</p>
</div>
</article>
</section>
<section id="related-news" class="related-news" data-equalizer>
<article id="article-103" class="article row">
<div class="inner">
<header class="article-header">
<h1 id="newsTitle" class="article-title">Related News</h1>
</header>
<div id="newsHighlightTarget" class="article-content">
<div class="newsbox small-12 medium-6 large-3 columns" data-equalizer-watch style="height:426px;">
<div class="inner">
<p></p>
<p>
<a href="http://today.uconn.edu/blog/2014/09/uconns-value-to-connecticut-3-4-billion-a-year/" target="_blank">
<img class="alignnone wp-image-213 size-medium" src="images/economic-impact-T1-300x200.jpg" alt="UConn's annual economic impact is $3.4 billion"
width = "300" height="200" sizes = "(max-width:300px) 100vw, 300px">
</a>
</p>
<h3>
<a href="http://today.uconn.edu/blog/2014/09/uconns-value-to-connecticut-3-4-billion-a-year/" target="_blank">
Uconn's value to Connecticut:
<br>
$3.4 billion a year
</a>
</h3>
<p>
An independent firm reports that the University also supports more than
24,000 jobs, and provides $202 million in tax revenue.
</p>
<p></p>
</div>
</div>
<div class="newsbox small-12 medium-6 large-3 columns" data-equalizer-watch style="height:426px;">
<div class="inner">
<p></p>
<p>
<a href="http://today.uconn.edu/blog/2014/09/imcorp-on-the-fast-track-to-success/" target="_blank">
<img class="alignnone wp-image-215 size-full" src="images/IMCORP.jpg"
alt="An IMCORP van in front of wind turbines in Hawaii. Although IMCORP primarily serves the utility industry, it also provides
tech support for about 60 percent of all the wind power stations in the U.S. (Photo supplied by IMCORP)"
width="300" height="200">
</a>
</p>
<h3>
<a href="http://today.uconn.edu/blog/2014/09/imcorp-on-the-fast-track-to-success/" target="_blank">IMCORP: On the Fast Track to Success</a>
</h3>
<p>
A Connecticut company built on UConn technology is one of the fastest-growing engineering firms in the U.S.
</p>
<p></p>
</div>
</div>
<div class="newsbox small-12 medium-6 large-3 columns" data-equalizer-watch style="height:426px;">
<div class="inner">
<p></p>
<p>
<a href="http://today.uconn.edu/blog/2014/09/tiny-heart-valve-has-big-potential-for-uconn-startup/">
<img class="alignnone wp-image-231 size-medium" src="images/Heart-Valve-5-300x200.jpg"
alt="Jaclyn Mazzerella ’14 (ENG) works on the LowPro Valve. (Christopher LaRosa/UConn Photo)"
width = "300" height="200" sizes="(max-width: 300px) 100vw, 300px">
</a>
</p>
<h3>
<a href="http://today.uconn.edu/blog/2014/09/tiny-heart-valve-has-big-potential-for-uconn-startup/">
Tiny Heart Valve Has Big Potential for UConn Start-up
</a>
</h3>
<p>
A combination of biomedical engineering and sewing skills led to the development of a novel heart valve replacement that could save lives.
</p>
<p></p>
</div>
</div>
<div class="newsbox small-12 medium-6 large-3 columns" data-equalizer-watch style="height:426px;">
<div class="inner">
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<p>
<a href="http://today.uconn.edu/blog/2014/09/abcs-for-success-in-21st-century-workforce/" target="_blank">
<img class="alignnone wp-image-217 size-medium" src="images/economic-impact-text-final-300x200.jpg"
alt="A chalkboard with the words, 'Connecticut's Economic Impact.' (Sean Flynn/UConn photo)" width="300" height="200"
sizes="(max-width: 300px) 100vw, 300px">
</a>
</p>
<h3>
<a href="http://today.uconn.edu/blog/2014/09/abcs-for-success-in-21st-century-workforce/" target="_blank">ABCs for a Successful Workforce</a>
</h3>
<p id="_full-report">
UConn is producing not only research that will lead to the creation of new industries,
but the teachers to educate the future workforce
</p>
<p></p>
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</article>
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<article id="article-28" class="article row">
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<header class="article-header">
<h1 id="reportTitle" class="article-title">Full Report</h1>
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<p></p>
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<h3>
<a href="content/UConn-Final-EI-Report-09052014.pdf" target="_blank" rel="noopener noreferrer">
<img class="alignnone size-full wp-image-139" src="images/full-report.png"
alt="Download the Full Report" width="155" height="110">
</a>
</h3>
<h3>
<a href="content/UConn-Final-EI-Report-09052014.pdf" target="_blank" rel="noopener noreferrer">
Full
<br>
Report
</a>
</h3>
<p>
<a href="content/UConn-Final-EI-Report-09052014.pdf" target="_blank" rel="noopener noreferrer">PDF</a>
1MB
</p>
<p></p>
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<p></p>
<h3>
<a href="content/economic-impact-tripp-FINAL_090814.ppsx" target="_blank" rel="noopener noreferrer">
<img class="alignnone size-full wp-image-137" src="images/executive-summary.png" alt="Download the Executive Summary" width="155" height="110">
</a>
</h3>
<h3 style="padding:0">
<a href="content/economic-impact-tripp-FINAL_090814.ppsx" target="_blank" rel="noopener noreferrer">
Executive
<br>
Summary
</a>
</h3>
<p>
<a href="content/economic-impact-tripp-FINAL_090814 .ppsx" target="_blank" rel="noopener noreferrer">PPSX</a>
2MB |
<a href="content/economic-impact-tripp-FINAL_0908141.pdf" target="_blank" rel="noopener noreferrer">PDF</a>
2MB
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<h3>
<a href="content/economic-impact-flyer-092017.pdf" target="_blank" rel="noopener noreferrer">
<img class="alignnone size-full wp-image-138" src="images/fact-sheet.png" alt="Download the Fact Sheet" width="155" height="110">
</a>
</h3>
<h3>
<a href="content/economic-impact-flyer-092017.pdf" target="_blank" rel="noopener noreferrer">
Fact
<br>
Sheet
</a>
</h3>
<p>
<a href="/content/economic-impact-flyer-092017.pdf" target="_blank" rel="noopener noreferrer">PDF</a>
252KB
</p>
<p></p>
</div>
</div>
<h2>ABOUT TRIPP UMBACH</h2>
<p class="text">
Tripp Umbach is the national leader in providing economic impact analysis to leading healthcare organizations,
universities, and academic medical centers. We have completed more than 150 economic impact studies over the
past 20 years for clients such as: The Pennsylvania State University, The Ohio State University, University of
Washington, The University of Iowa, UAB, Cleveland Clinic, University of Florida Shands HealthCare, the
University of North Carolina Hospitals, the University of Pennsylvania Medical Center, the University of Pittsburgh
Medical Center, and the Ohio State University Medical Center.
</p>
<h3 id="reportHighlightTarget">METHODOLOGY</h3>
<p class="text">
Economic impact begins when an organization spends money. Studies measuring economic impact capture the direct
economic impact of an organization’s spending, plus additional indirect and induced spending in the economy
as a result of direct spending. Economic impact has nothing to do with dollars collected by institutions.
</p>
<p class="text">
Total economic impact measures the dollars that are generated within Connecticut due to the presence of UConn and
UConn Health. This includes not only spending on goods and services with a variety of vendors within the state, and
the spending of its staff and visitors, but also the business volume generated by businesses within Connecticut that
benefit from the university’s spending. It is important to remember that not all dollars spent by a university remain
in its home state. Dollars that “leak” out of the state in the form of purchases from out- of-state vendors are not
included in the university’s economic impact on the state. The multipliers utilized in this study are derived from the
IMPLAN software.
</p>
<h4>MODEL INPUTS AND DATA SOURCES</h4>
<p class="text">
Model inputs included actual FY 2012-13 expenditures provided by UConn and UConn Health.
</p>
</div>
</div>
</article>
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<header class="article-header">
<h1 class="article-title">Contact</h1>
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<hr>
<h2>Contact</h2>
<h3>Kristen Cole</h3>
<p>
Director of News and Editorial Communications
<br>
University Communications
<br>
University of Connecticut
<br>
Storrs, CT 06269
<br>
(860) 486-2997
<br>
<a href="mailto:[email protected]">[email protected]</a>
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