* Information accurate for fiscal year 2010. *

State investment in the U of M pays off.

• Every dollar invested in the U of M generates $13.20 in the statewide economy.
• The U of M generates more than $512.3 million in tax revenue annually.

The U of M is a major contributor to Minnesota's economy.

• The U of M creates $8.6 billion in total economic impact annually.
• $4.1 billion for goods and services purchased by the U of M, its employees, students, and visitors
• $4.5 billion in spending by the businesses that provide those goods and services

The U of M provides good jobs and helps create jobs across the state.

• The U of M supports 79,497 jobs.
• Faculty and staff: 19,157 jobs
• Fellows and students: 8,866 jobs
• UMMC-Fairview/UMP: 8,017 jobs
• Graduate assistants, post doctorates, and residents: 6,279 jobs
• 37,178 jobs in communities across the state

• The U of M is connected to one out of every 43 jobs in Minnesota.
• The U of M is Minnesota’s fifth-largest employer.
  1. State of Minnesota
  2. Mayo Clinic
  3. Federal government
  4. Target Corporation
  5. U of M

Research at the U of M has a significant impact on Minnesota's economy.

• Research funds competitively awarded to the U of M create $1.5 billion in total economic impact annually and support 16,193 jobs.
• U of M researchers won $823 million in competitive research funding in 2010, up 36% from the previous year.
• U of M inventions brought Minnesota nearly $390 million in revenue in the last five years.

The U of M educates the workforce that Minnesota needs to succeed in the 21st century.

• The U of M awards 14,000 degrees annually.
• 90% of Minnesota’s STEM doctoral degrees
• 85% of Minnesota’s MD degrees
• 100% of Minnesota’s dentistry, pharmacy, and veterinary medicine degrees

Alumni of the U of M play a vital role in Minnesota's economy.

• U of M alumni have founded nearly 10,000 companies in Minnesota.*
• Nearly 25% of these founders moved to Minnesota to attend the U of M.
• These companies employ 500,000 people and produce $100 billion in annual revenue.

*According to alumni surveys, 2004-06.