[ThePhysicist]

Seems like the US response to the EU flagship research and innovation programme, "Horizon 2020", which aims to provide 80 BN € (110 BN $) for groundbreaking research withing the next 7 years. One of the "flagship projects" selected for this programme is the "Human Brain Project", which seems similar to what Obama calls “the next great American project: a $100 million initiative to probe the mysteries of the human brain.". Although he should probably add a few digits to that number if he really means what he says, because I think 100 M$ will hardly be enough to unravel the mysteries of the brain.

In any case, as a scientist that's exactly the kind of competition I want to see more of!