The Mizzou Impact on the Economy
MU's research has a $440 million annual impact on Missouri and supports more than 9,000 jobs.
The National Science Foundation reports that MU conducted more than $220 million of research in fiscal year 2005.
If MU's $220 million research operation did not exist, it would be equivalent to losing 22 companies with annual revenues of $10 million each.
An MU program to help commercial beef farms in Missouri adopt new technologies has netted more than $17 million for Missouri agriculture.
Students in MU’s Personal Financial Planning Department offer a tax return service for low-income and disabled citizens and, over the past four years, have completed more than 7,000 returns with total refunds valued at more than $7 million.
Over the last decade, MU has conducted $1.9 billion in research, with a $3.56 billion effect on the economy.
Every new dollar MU earns in external research funding today generates $1.99 economic impact on the state; every million creates 17.3 jobs.
