Boston Leads All Cities in NIH Funding for 20th Year
Boston’s medical, educational and research institutions received $1.7B in FY14
Receipt by 46 Boston medical, educational and research institutions of $1.70 billion in medical research grants from the National Institutes of Health (NIH) in FY14 topped all other cities in the country for total NIH funding for the 20th consecutive year. Tempering that good news is the fact that Boston’s total NIH funding has declined in each of the last two years ($1.78B in FY12, $1.72B in FY13, and $1.70B in FY14). This record for Boston over 20 years highlights the importance of these nonprofit institutions to the economic vitality of the City.
Hospital and Medical Institutions
Hospital and medical institutions received $1.13B of NIH funding or 66% of the total NIH grants awarded to the City. Massachusetts General Hospital and Brigham and Women’s Hospital topped the list.
Three Boston institutions: Massachusetts General Hospital, Brigham and Women’s Hospital, and Harvard Medical School, accounted for 50.5% of Boston’s total NIH funding according to a recent report by the Boston Redevelopment Authority (BRA).
Many of these medical institutions are in the Longwood Medical Area. In fact, if Longwood were its own city, it would be the second largest NIH recipient behind New York City according to the BRA report.
Institutions of higher education received the second largest percentage of the research grants at $537M or 31% of the total grants awarded to Boston.
Massachusetts as a whole received $2.4B in NIH funding in FY14. Cities with the next highest NIH funding in FY14 were New York City ($1.56B), Philadelphia ($0.87B) and Seattle ($0.85B).