The UC licensing office was recognized with a national award for significant contributions to the collegiate licensing industry. Royalties from licensing reached a new record high in 2015-2016, up eight percent from the previous year. A bronze Bearcat statue was unveiled in Corryville, sculpted by a UC alumnus and partially funded through an institutional sponsorship. Local Hallmark stores will begin selling UC-licensed products from Paulson Designs to test in the marketplace.