The National Institutes of Health awarded $3 million to the University of Minnesota to ramp up commercialization of health care technologies.

NIH picked the U of M as one of three new Research Evaluation and Commercialization Hubs (REACH) nationwide.

The funding, plus $3 million in matching dollars from the university, will go toward training researchers, partnerships with businesses and other initiatives. The grant will support between 10 and 20 commercialization projects per year centered around areas such as diagnostics tools, medical devices and preventative medicine.