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REVENUE FROM VALORISATION AND CONTRACT RESEARCH WITH INDUSTRY
Through contract research and licensing of technologies with industry and other third parties (profit/non profit), the university can develop and maintain long-term cooperations and implement its knowledge in society. In some cases contract research is supported by governmental financing. This revenue continues to grow as the years before. The total funds from collaborations with the private sector amounted to approximately €15,6 million in 2022. These funds can be reinvested in university research. Important to note is that not all revenue from VUB research in cooperation with spearhead clusters and strategic research centers is included in this amount.