IDAT, the Institute of Design, Art and Technology of Barcelona is holding its 1st Interaction Design Competition based on the theme of designing applications for the next generation Internet of Things.

The competition calls for ideas of interfaces, interactions, and applications that can be designed with technologies such as embedded Radio Frequency Identification (RFID), short-range wireless communication, ubiquitous data networks, mobile devices, hardware prototyping tools and digital fabrication.

The deadline to submit projects is December 15, 2010, and the award is 16.000 euro. If you haven't already started tinkering with physical computing, this may be a good opportunity to start. ;) Find out more about entry details.