Utah is a funnel for federal money for research and development, according to a newly released study.
The state received a total of $4.4 billion in federal R&D funding in fiscal year 2023, figures from the Kem C. Gardner Policy Institute at the University of Utah indicate.
The study is one of several undertaken by the Gardner Institute to show the economic connections between Utah and the federal government. The full report is available at https://gardner.utah.edu/recent-research/.
And while "R&D" often is associated with Utah's research universities, the study shows that 80.7 percent of the $4.4 billion, or $3.53 billion, went to private businesses in fiscal 2023, with higher education institutions receiving Please log in to see the rest of this story.