Economic Vitality
UBC's Investment in BC
Through direct and indirect spending, UBC channels more than $1 billion into the BC economy each year, almost three-and-a-half
times the government's investment in the university.
UBC employees generated $112 million in tax revenue in the
calendar year 1999.
UBC ranks among the top 10 universities in North America for
the number of spin-off companies created. UBC research
has created 91 spin-off companies that employ more than 2,432
people. The spillover effect of UBC research on the Lower Mainland has resulted in an estimated 1,800 employees and
$200 million in annual income.
The number of UBC invention disclosures for 1999/2000 was 127.
|