Economic Impact

UC Merced’s share of $22 million in state funds through Assembly Bill 2664 will help the campus fulfill some of its primary goals: transforming the region economically and providing people with greater opportunity.

Each of the 10 UC campuses is receiving $2.2 million in one-time funding from AB 2664, the Innovation and Entrepreneurship Expansion, signed by Gov. Jerry Brown last fall.

The University of California, Merced, has directly invested more than $1.1 billion into the San Joaquin Valley economy since the newest UC campus began start-up operations in July 2000, according to the campus’s Division of Business and Administrative Services.

The investment total represents an increase of $155 million over the past 12 months, the university reported. It includes the cumulative value of all wages and benefits paid, construction contracts awarded, and goods and services purchased within the San Joaquin Valley through August 2014.

The University of California, Merced, has contributed approximately $650 million to the San Joaquin Valley economy since the campus began initial operations in July 2000, the university reported today.

Statewide, the value of UC Merced’s cumulative economic contribution has amounted to $1.225 billion. Both totals reflect university expenditures through June 30, the end of the campus’ 2010-11 fiscal year.