The award, which is now in its second year, was set up by the European Commission and the European Patent Office.
The programme builds on the aims of the previous e-TEN, Modinis and e-Content programmes and will support the aims of the new integrated strategy i2010 - European Information Society 2010.
Instead of the shrill sound of the alarm clock, your cell phone wakes you in the morning with a happy mp3 song.
Earlier this year, the UK technology start-up Plastic Logic announced that it had secured USD 100 million (76 million) worth of venture capital to help build the world's first commercial plant for plastic electronics manufacture.