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= <span style="font-family:arial,helvetica,sans-serif;"><span style="font-family:arial,helvetica,sans-serif;"><span style="font-size:medium;">Encouraging Faculty Innovation and Entrepreneurship</span></span></span><br/> =
<span style="font-family:arial,helvetica,sans-serif;"><span style="font-family:arial,helvetica,sans-serif;">Coming in at #21 in total funding from the National Institutes of Health (NIH) among all universities, UAB has a [http://www.report.nih.gov/award/index.cfm?ot=DH,27,47,4,52,64,10000,MS,20,16,6,13,10,49,53,86,OTHDH&fy=2015&state=&ic=&fm=&orgid=&distr=&rfa=&om=n&pid= substantial] amount of resources (over nearly $220 million from the NIH alone) for faculty to pursue innovation in a research context. Faculty are encouraged to pursue ideas and are frequently recognized for their innovative work both on-campus, by campus-wide publications such as [https://www.uab.edu/uabmagazine/ UAB Magazine] and the [http://www.uab.edu/reporter/ Reporter], and off, by news features at the local, regional, and national levels.</span></span>
<span style="font-family:arial,helvetica,sans-serif;"><span style="font-family:arial,helvetica,sans-serif;">With Birmingham’s entrepreneurial landscape exploding, UAB has recently begun developing partnerships with leaders in the entrepreneurial community, as evidenced by the collaboration between the Innovation Depot (a local startup incubator) and the Collat School of Business to form the iLab, a student business incubator. These partnerships provide opportunities for both students and faculty to gain the tools needed to potentially launch their products into the market.</span></span>
