Facts and Figures
Fragments of data don’t provide the scope of impact. But they do provide a glimpse of the impact of the research conducted by the university's nine colleges, seven research institutes, and hundreds of centers and laboratories that contribute to Virginia Tech's research enterprise.
![number of new awards](/content/research_vt_edu/en/about/impact-recognition/facts-figures/_jcr_content/content/vtcontainer_1128772640/vtcontainer-content/vtcontainer_95687992/vtcontainer-content/vtmulticolumn/vt-items_0/vtcontainer/vtcontainer-content/adaptiveimage.transform/m-medium/image.png)
![$419M in sponsored research expenditures in FY23.](/content/research_vt_edu/en/about/impact-recognition/facts-figures/_jcr_content/content/vtcontainer_1128772640/vtcontainer-content/vtcontainer_95687992/vtcontainer-content/vtmulticolumn/vt-items_1/vtcontainer/vtcontainer-content/adaptiveimage.transform/m-medium/image.png)
![17% year-over-year increase in research awards](/content/research_vt_edu/en/about/impact-recognition/facts-figures/_jcr_content/content/vtcontainer_1128772640/vtcontainer-content/vtcontainer_95687992/vtcontainer-content/vtmulticolumn/vt-items_2/vtcontainer_copy/vtcontainer-content/adaptiveimage.transform/m-medium/image.png)
![approximately 260 postdoctoral scholars](/content/research_vt_edu/en/about/impact-recognition/facts-figures/_jcr_content/content/vtcontainer_1128772640/vtcontainer-content/vtcontainer_95687992/vtcontainer-content/vtmulticolumn_copy_1/vt-items_0/vtcontainer/vtcontainer-content/adaptiveimage.transform/m-medium/image.png)
![4000+ faculty researchers](/content/research_vt_edu/en/about/impact-recognition/facts-figures/_jcr_content/content/vtcontainer_1128772640/vtcontainer-content/vtcontainer_95687992/vtcontainer-content/vtmulticolumn_copy_1/vt-items_1/vtcontainer/vtcontainer-content/adaptiveimage.transform/m-medium/image.png)
![7 research institutes](/content/research_vt_edu/en/about/impact-recognition/facts-figures/_jcr_content/content/vtcontainer_1128772640/vtcontainer-content/vtcontainer_95687992/vtcontainer-content/vtmulticolumn_copy_1/vt-items_2/vtcontainer_copy/vtcontainer-content/adaptiveimage.transform/m-medium/image.png)
Sponsored Research Expenditures
For fiscal year 2023, Virginia Tech reported a record $419 million in extramural research expenditures surpassing the university’s strategic plan goal of $410 million two years earlier than planned.
2023 Sponsored Research Portfolio
2023 Sponsored Research Across Virginia Tech
Entrepreneurship and Partnerships
Expanding impact of Virginia Tech’s research through increasing core metrics of technology transfer and commercialization. *Data below reflects the success of the 2023 fiscal year.
![$80 million-plus in corporate and foundation philanthropy](/content/research_vt_edu/en/about/impact-recognition/facts-figures/_jcr_content/content/vtcontainer_20468977/vtcontainer-content/vtmulticolumn_copy_7/vt-items_0/vtcontainer/vtcontainer-content/adaptiveimage.transform/m-medium/image.png)
![25 license deals](/content/research_vt_edu/en/about/impact-recognition/facts-figures/_jcr_content/content/vtcontainer_20468977/vtcontainer-content/vtmulticolumn_copy_7/vt-items_1/vtcontainer/vtcontainer-content/adaptiveimage.transform/m-medium/image.png)
![142 new invention disclosures](/content/research_vt_edu/en/about/impact-recognition/facts-figures/_jcr_content/content/vtcontainer_20468977/vtcontainer-content/vtmulticolumn_copy_7/vt-items_2/vtcontainer/vtcontainer-content/adaptiveimage.transform/m-medium/image.png)