The Archimedes Prize is the European Commission’s top prize for undergraduate students. Each year several scientific themes or challenges are set for the prize. For this call there are six specific themes:

Structure and function in macromolecules
Energy devices
Water resources modelling and management
Societal and economic implications of demographic change in the EU
Acquaculture
Implications of tourism on natural and human ecosystems

As well as an honorary distinction, the Commission is able to award up to three monetary prizes. These awards aim to give young researchers a kick-start to their scientific career. The award will not only brighten any C.V., but should also be used to support scientific careers, e.g. this monies could be put towards postgraduate/doctoral courses.

More details at http://www.cordis.lu/improving/awards/archimedes.htm