Gdium: One Laptop per Hacker (OLPH)
In short: Gdium is offering a free Gdium netbook and USB storage key to select people who will develop interesting applications for their education oriented product.
Gdium is an economical MIPS based netbook running Linux. A user's world appears to be stored on a "G-key" (usb key) making the machines interchangeable. It is aimed at the education market and is part of a larger web-based ecosystem of some sort.