Economic Impact of AAU Universities
AAU universities create jobs, produce innovative technologies, and boost local economies. In 2015 alone, AAU paid $75.6 billion in salaries to 716,223 employees, produced 4,200 patents, and fostered the creation of 2,882 start-ups. 40 AAU universities are in the top 50 for producing venture capital-backed entrepreneurs, and 456 start-up companies were generated in the university's home state in 2015.