The UCF College of Medicine, combined with a l ife sciences cluster, by 2017, could create an additional 30,000 jobs and $7.6 bil l ion in annual economic activity.

College of MedicineU N I V E R S I T Y O F C E N T R A L F L O R I D A • O R L A N D O

E C O N O M I C I M P A C T R E P O R T

College of Medicine

The UCF College of Medicine, combined with a l ife sciences cluster, by 2017, could create an additional 30,000 jobs and $7.6 bil l ion in annual economic activity.

U C F H E A L T H S C I E N C E S C A m p U S A T L A k E N O N A

SEPTEMBER 2010

U N I V E R S I T Y O F C E N T R A L F L O R I D A

The College of Medicine, combined with a life sciences cluster, by 2017, could create:

30,000 jobs

$459.9 million in annual tax revenue

$2.8 billion in annual wages

$7.6 billion in annual economic activity

Economic Impact

2008STUDY ESTIMATE

2006STUDY ESTIMATE

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$6.4

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$7.6

Current activity generates 80 percent of the 2006 study’s estimated economic impact from the potential cluster.

Source: Arduin, Laffer & Moore Econometrics

CURRENT ANNUAL ECONOMIC ACTIVITY

The UCF College of Medicine’s Burnett School of Biomedical Sciences is where the best and brightest graduate students can create tomorrow’s cures.

C O L L E G E O F m E D I C I N E / m E D I C A L C I T Y U p D A T E

What Makes the Medical School Special?

Anchoring a medical city of world-class partners: The life sciences cluster forming includes the UCF College of medicine, VA medical Center, Sanford-Burnham medical Research Institute, m. D. Anderson Cancer Center and Nemours.

Beating a 10-year projection by eight years: In just two years, 80 percent of the 10-year economic activity projection from the 2006 milken Institute study has been committed.

Paying the government back: By 2011, government revenue

generated by UCF and Burnham will exceed government expenditures.

Investing while others are cutting back: The

conservative estimate of investment being made in the

medical city is $2 billion.

Making history: The UCF College of medicine is the first medical school in U.S. history to offer full four-year scholarships to an entire class.

Breaking statewide records: Two years in a row, the college received more applications than any public medical school in Florida.

Attracting world-class faculty: The college has over 200 full-time faculty and staff members and more than 1,200 volunteer and affiliate faculty members and joint appointments.

Impacting the economy: A 2008 economic impact study says, by 2017, up to 30,000 new jobs could be added, and up to $7.6 billion in annual economic impact.

For every government dollar spent, up to $13.50 in economic activity could be generated.

Opening on time: The College of medicine’s Burnett Biomedical Sciences building and the Sanford-Burnham medical Research Institute opened in 2009. The College of medicine’s medical education building opened in June 2010.

Producing up to 120 medical graduates a year: UCF is helping to address the physician shortage.

Respecting the environment: The UCF College of medicine medical education building at Lake Nona is expected to receive the Leadership in Energy and Environmental Design (LEED) silver certification.

The Second Class of the UCF College of Medicine at the White Coat Ceremony

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Lake Nona is a 7,000-acre master-planned community located within the city limits of Orlando.

The 600-acre Lake Nona Science and Technology Park includes one million square feet for an open-air town center with retail and office space.

Life Sciences Cluster Forming

UCF Health Sciences Campus at Lake Nona—home to • the College of medicine medical education and Burnett Biomedical Sciences buildings

Sanford-Burnham medical Research Institute•

Orlando VA medical Center•

Nemours Children’s Hospital•

m. D. Anderson Cancer Center Orlando • Cancer Research Institute

Tavistock Group specialized laboratory facilities •

University of Florida Research facility (pending)•

www.med.ucf.edu

The College of Medicine medical education building at the UCF Health Sciences Campus at Lake Nona