The Schweighofer Prize awards innovative ideas, technologies, products and services concerning the whole value chain in order to strengthen the competitiveness of the European Forest Based Sector.

The Schweighofer Prize has been being presented every second year since 2003. It is endowed with total prize money of € 300,000 before tax. The prize is divided into one Main Prize and several Innovation Prizes.

The European Commission's Directorate-General for Research and the Ministry for Science and Technology of Brazil have issued a coordinated call on second-generation biofuels under the Seventh Framework Programme (FP7).