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UCF Economic Impact

UCF contributes to the region's success by assessing the community's needs and building programs to meet those needs. Programs built from shared goals range from business to medicine and from science to digital media. But our contribution to Central Florida does not end there.

  • UCF currently has more than 10,000 employees, including administration staff, faculty, teachers and students.
  • The UCF College of Medicine and Life Science Cluster will generate 30,000 jobs a year, $2.8 billion in annual wages, $460 million in annual tax revenue and is estimated to have a $7.6 billion annual impact on regional economy.
  • The Life Science Cluster will provide a proper breeding ground for technology advancement and has immense potential as a new home for a number of technology and research facilities.
  • UCF is a metropolitan research university attracting more than $100 million in research funds each year. UCF's research innovations help Central Florida attract and retain companies that provide high-tech, high-wage jobs.
  • UCF has developed a number of departments to assist Central Florida companies with starting, managing and growing their businesses, contributing to a stronger, more diverse economy.
  • Since its founding in Oct. 1999, the UCF Business Incubation Program (UCFBIP) has helped more than 200 emerging companies (including over 110 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000.
  • UCF's partnership with the Florida High Tech Corridor Council, since 2008 has resulted in matching funds for 615 university research projects with 250 local companies, resulting in a $130 million benefit to the community. 
  • One of UCF's most important contributions is the education and advancement of our future leaders, educators and entrepreneurs.