After the federal shutdown threatened UNC’s main source of research funding, University leaders are looking into more non-government options for future funding.
Barbara Entwisle, vice chancellor of research, said in the last fiscal year, UNC received $778 million in total funding for research.
Around 80 percent of those funds came from federal agencies — often indirectly — Entwisle said.
“One of our goals has been to diversify,” Entwisle said. “We’re looking to grow those portions that are outside of the federal government, especially business and industry.”
According to a report released last year by the National Research Council, universities need to diversify funding to include private sources, such as industry, to stay competitive in the future. Entwisle said industry hasn’t been a huge component of UNC’s research portfolio in the past, though she said events like the shutdown suggest that it should be.
She said when it comes to industry sources for research funds, UNC falls short of peer institute Duke University. Duke receives the most industry sponsors in the nation — roughly $200 million a year compared to UNC’s $32 million.
Entwisle said UNC is one of many universities that falls towards the bottom of the scale in industry support.
“We’re trying to figure out new ways to partner with industry and so is everybody else,” she said.
She said UNC’s industry support increased about 16 percent last year, mainly due to clinical trials, which she said entice corporate investors to promote research.