Economic Impact

UC Merced has assumed its place in the top echelon of research institutions in the nation by earning R1 status from Carnegie Classification of Institutions of Higher Education. The announcement was made Thursday morning by the American Council on Education and comes less than 20 years after the university opened its doors.

A significant grant from the Bill & Melinda Gates Foundation will advance UC Merced's efforts to create a deeper and more comprehensive understanding of college readiness among high-school students in the San Joaquin Valley, particularly those from underrepresented and socioeconomically diverse backgrounds.

The Merced 2020 Project, which added 13 facilities to UC Merced’s campus and nearly doubled its square footage, has so far contributed $510.9 million to the regional economy through construction costs alone.

Bloomberg Philanthropies has recognized the University of California, Merced, as an American Talent Initiative (ATI) High-Flier, among a group of 28 high-graduation-rate institutions that are national leaders in college access and success for lower-income students.

The Circular Bioeconomy Innovation Collaborative (CBIO Collaborative) has been awarded $1 million from the U.S. National Science Foundation's (NSF) Regional Innovation Engines program for "Advancing Circular Bioeconomy Technologies in North San Joaquin Valley."

The CBIO Collaborative is among the more than 40 unique teams to receive one of the first NSF Engines Development Awards, which aim to help partners collaborate economic, societal and technological opportunities for their regions.

Losses to California’s ag industry have continued to mount as the state’s drought stretched into a third straight year, according to a report released Tuesday by researchers from the School of Engineering and the Public Policy Institute of California.

The White House announced today (Sept. 2) a $65.1 million award — the largest federal grant ever awarded to the Central Valley — to the Fresno-Merced Future of Food Innovation (F3) Coalition as part of its "Build Back Better" initiative to boost economic recovery after the pandemic.

The state budget passed by the legislature and signed by Gov. Gavin Newsom promises tens of millions of dollars for UC Merced to build the next generation of world-class programs and facilities.

The budget appropriates new funding for campus expansion, climate-related initiatives, the university's Community and Labor Center and a potential housing partnership.

Tens of thousands of undocumented immigrant workers in California could receive aid from an unemployment benefit system if the state approves the program. UC Merced's Community and Labor Center (CLC) has published a report that examines the need for the system.