October 18-20 | Tucson, AZ

The Research Institution GAP Fund and Accelerator Program Summit

Washington Post coverage of sequester impact on university research

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October 18-20, 2023 / Tucson, AZ
The annual summit for research institution gap fund and accelerator programs, including proof of concept programs, startup accelerators, and university venture funds

The Story

About $30 billion a year flows from Washington to universities for research and development in fields from agriculture to astrophysics. This funding has helped make leading U.S. research universities, including Johns Hopkins in Baltimore and the University of Maryland in College Park, the envy of the world.

But the federal budget sequester that took effect this month — requiring cuts of about 5 percent in nondefense programs and more than 7 percent in defense — is likely to shrink research spending by more than $1 billion. Advocates warn that the cuts could hamper exploration in biomedical science, among other disciplines, and undercut efforts to ensure U.S. leadership in science and engineering.

More: http://www.washingtonpost.com/local/education/sequester-cuts-university-research-funds/2013/03/16/08e9cc24-877a-11e2-9d71-f0feafdd1394_story.html

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