- The Human Brain Project: Aims "to develop a large-scale ICT infrastructure for the specific purpose of understanding the brain and its diseases, and of translating this knowledge into new computing technology." Basically, they want to build a working computer model of a human brain. (http://www.humanbrainproject.eu/in_brief.html)
- The Graphene Flagship: Aims "to take graphene and related layered materials from academic laboratories to society, revolutionize multiple industries and create economic growth and new jobs in Europe." (http://www.graphene-flagship.eu/GF/index.php)
How cool is that? For more info, see http://cordis.europa.eu/fp7/ict/programme/fet/flagship/home_en.html — but be warned: this is EU, and understanding the whole setup is fiendishly complicated."