Research and Scholarship
Total research expenditures were $44 million in FY 2020, an increase from $37 million in FY 2019, and a new high. Research awards totaled $46 million in FY 2020, compared to $37 million received during FY 2019, representing a record high since 2011. Stevens researchers submitted 299 proposals compared to 292 last year, an increase of 2.4%. Also, during FY 2020, Stevens received 22 awards between $500,000 and $5 million which is another Stevens record and exceeds last year’s 16 awards by 38%. There was a 56% increase in the number of provisional patents filed in FY 2020 from 16 in FY19 to 25 in FY20. Additionally, the Center for Neuromechanics was launched and a new director was hired to lead the Stevens Institute for Artificial Intelligence.