of Health in the development of reference materials and best practices for the assessment and validation of COVID–19 test results. 3. Establishment of prize competition (a) In general The Director of the National Institutes of Health, in consultation with the Director of the National Institute of Standards and Technology, shall carry out prize competitions pursuant to section 24 of the Stevenson-Wydler Technology Innovation Act of 1980 ( 15 U.S.C. 3719 ) to incentivize research by institutions of higher education on point-of-care testing for the detection of current or past infection with COVID–19. (b) Requirements To be eligible for funding under this section, the point-of-care testing subject to the proposed research must be capable of— (1) producing results in 30 minutes or less