I've posted before about the ERC's current Starting Grant and UKRO's Info Day. One piece of info that might have slipped below your radar is the fact that the EC is almost doubling the funding for the grants compared to last years round: from €325m to €661m. Better still is the fact that the field of potential applicants is somewhat limited by the ERC's rules that state that, if you applied to the last round, you can't apply to this one. So think seriously about applying: if you're between 2-12 years out from your PhD and are a promising up and coming academic it's well worth a shot.
An overview and FAQs on the scheme are available, via UKRO, here.