U's tech earnings to support research

A new initiative will funnel $20 million toward equipment and other major purchases. Observers praised the decision.

July 8, 2010 at 4:03PM

The University of Minnesota announced plans Wednesday to use $20 million it has earned by commercializing technology to pay for major equipment and other research infrastructure.

University President Robert Bruininks said the $20 million Infrastructure Investment Initiative will help a broad range of departments, not just science and technology.

Read more about the initiative here.

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