"The European Commission announced the winners of a multi-billion euro competition of Future and Emerging Technologies (FET). The winning Graphene and Human Brain initiatives are set to receive one billion euros each, to deliver 10 years of world-beating science at the crossroads of science and technology. Each initiative involves researchers from at least 15 EU Member States and nearly 200 research institutes."
http://myscienceacademy.org/2013/02/03/eu-invests-1-35-billion-to-develop-graphene/
http://www.bbc.co.uk/news/science-environment-21231960
http://www.nature.com/news/brain-simulation-and-graphene-projects-win-billion-euro-competition-1.12291