The EU is using a Call for Proposals to for SMEs to source innovative solutions from the private sector that can be scaled up to handle Corona Virus issues.

This is a EUR164 million fund, designated as “Bottom Up”, meaning it has “no predefined thematic priorities”, thus allowing for coronavirus-relevant innovations to be submitted and fast-tracked.

Governments need solutions for problems arising from Corona Virus, but the speed at which problems arise means they need a fast and adaptive flow of ideas. This call for proposals will hopefully source solutions that governments would not have the capacity to create themselves.

European Commission