Accomplishments

Updated: September 16, 2016

The CBC was launched in 2006 with a generous grant from the Searle Funds at The Chicago Community Trust (SFCCT) at the level of $5 million per year. To date, $50 million has been invested in the CBC. During the past 10 years, the CBC has strengthened the Chicago biomedical community in a number of ways.


As of July 2016*, the CBC has supported:

  • 229 Awards supporting cutting-edge research in many areas including antibiotic resistance, cancer, heart disease, drug discovery, mental health disorders and diabetes,
  • Recruitment of 8 outstanding senior and junior faculty members who have gone on to receive numerous national awards,
  • Professional development programs for graduate students and postdoctoral fellows,
  • Mentoring assistance for researchers interested in commercializing discoveries,
  • Thirteen Annual Symposia and over 30 other events, showcasing research supported by the CBC and high-end technologies available at CBC universities.


Notable outcomes from CBC support include:

  • Over 1560 peer-reviewed publications attributed to CBC-funded research,
  • Establishment of six national research centers at CBC universities,
  • Facilitation of the Open Access Initiative, allowing CBC-affiliated researchers to use all core facilities at ‘in-house’ rates,
  • Almost $514 million in follow-on funding from CBC-initiated research,
  • Estimated total economic input of more than $1.8 billion for the Chicago economy (see figure).

 

  • Economic Impact on Chicago
    From 2006 to July 2015, additional funding, primarily from the NIH, totaled almost $514 million (red bar). Economists have calculated that, in Illinois, each biomedical research dollar increases business activity by $2.431,2. Using this multiplier, the Economic Impact of the combined SFCCT (grey bar) and NIH research funding is $1.370 billion (blue bar). Thus, CBC activities (Cumulative leverage + Economic Impact) have provided a total economic input of more than $1.8 billion to the Chicago economy since 2006 (red/blue bar).


    1Ehrlich E. 2011. “An Economic Engine: NIH Research, Employment, and the Future of the Medical Innovation Sector.” P. 11. United for Medical Research.
    2Clinch R. 2012. “Presentation on Measuring the Economic Impact of R&D Investments.” International Symposium on Assessing the Economic Impact of Nanotechnology.

  • Cumulative Leverage
    During 2006-2016 the Searle Funds at The Chicago Community Trust generously provided $50 million in funding to CBC (orange line). Each year the CBC leveraged this funding with additional funding from external sources, primarily from the NIH. By July 31, 2016*, the total leveraged by the CBC amounted to almost $514 million (red line).


    *Data collected through July 31, 2016.

  • Impact on Scientific Discoveries
    Research funded by CBC award programs has yielded a total of 1563 publications (as of July 31, 2016*). These papers, most in high-impact journals, report advances in many biomedical subject areas, including antibiotic resistance, cancer, heart disease, drug discovery, mental health disorders and diabetes, moving science forward on many fronts. The graph shows yearly publications (blue line) and cumulative publications (red line).


    *Data collected through July 31, 2016.

 

CBC Perspectives
Starting in 2012, the CBC has summarized its annual accomplishments in “Perspectives.” Please download this annual report to learn more about the research sponsored by the CBC, and its impact on the city of Chicago and the CBC universities.



*The Accomplishments page is updated annually in September.