diff --git a/platformio/commands/init.py b/platformio/commands/init.py
new file mode 100644
index 00000000..10e3670a
--- /dev/null
+++ b/platformio/commands/init.py
@@ -0,0 +1,30 @@
+# Copyright (C) Ivan Kravets <me@ikravets.com>
+# See LICENSE for details.
+
+from os import makedirs
+from os.path import isdir, isfile, join
+from shutil import copyfile
+
+from click import command, secho
+
+from platformio.exception import ProjectInitialized
+from platformio.util import get_source_dir
+
+
+@command("init", short_help="Initialize new platformio based project")
+def cli():
+
+    if isfile("platformio.ini") and isdir("src"):
+        raise ProjectInitialized()
+    for d in (".pioenvs", "libs", "src"):
+        if not isdir(d):
+            makedirs(d)
+    if not isfile("platformio.ini"):
+        copyfile(join(get_source_dir(), "projectconftpl.ini"),
+                 "platformio.ini")
+    secho("Project successfully initialized.\n"
+          "Please put your source code to `src` directory, "
+          "external libraries to `libs` and "
+          "setup environments in `platformio.ini` file.\n"
+          "Then process project with `platformio run` command.",
+          fg="green")
diff --git a/platformio/commands/run.py b/platformio/commands/run.py
index 9ba9a408..5b90a7e6 100644
--- a/platformio/commands/run.py
+++ b/platformio/commands/run.py
@@ -3,17 +3,21 @@
 
 from click import command, echo, option, secho, style
 
-from platformio.exception import UndefinedEnvPlatform
+from platformio.exception import ProjecEnvsNotAvaialable, UndefinedEnvPlatform
 from platformio.platforms.base import PlatformFactory
 from platformio.util import get_project_config
 
 
 @command("run", short_help="Process project environments")
-@option("--environment", "-e", multiple=True)
-@option("--target", "-t", multiple=True)
+@option("--environment", "-e", multiple=True, metavar="<environment>")
+@option("--target", "-t", multiple=True, metavar="<target>")
 def cli(environment, target):
 
     config = get_project_config()
+
+    if not config.sections():
+        raise ProjecEnvsNotAvaialable()
+
     for section in config.sections():
         if section[:4] != "env:":
             continue
diff --git a/platformio/exception.py b/platformio/exception.py
index a068a915..1be8a52e 100644
--- a/platformio/exception.py
+++ b/platformio/exception.py
@@ -73,3 +73,14 @@ class UndefinedEnvPlatform(PlatformioException):
 class UnsupportedArchiveType(PlatformioException):
 
     MESSAGE = "Can not unpack file '%s'"
+
+
+class ProjectInitialized(PlatformioException):
+
+    MESSAGE = ("Project is already initialized. "
+               "Process it with `platformio run` command")
+
+
+class ProjecEnvsNotAvaialable(PlatformioException):
+
+    MESSAGE = "Please setup environments in `platformio.ini` file."
diff --git a/platformio/projectconftpl.ini b/platformio/projectconftpl.ini
new file mode 100644
index 00000000..c4ffe2d4
--- /dev/null
+++ b/platformio/projectconftpl.ini
@@ -0,0 +1,65 @@
+# Copyright (C) Ivan Kravets <me@ikravets.com>
+# See LICENSE for details.
+
+# Please uncomment (remove "#" sign from the beginning of the line) any
+# environments which are fit to your project
+#
+# And replace all values that match with "%..._HERE%" by real data
+
+
+# Simple and base environment
+#[env:mybaseenv]
+#platform = %INSTALLED_PLATFORM_NAME_HERE%
+
+#
+# Atmel AVR based board
+#
+#[env:myatmelavr_board]
+#platform = atmelavr
+#board_mcu = %MICROCONTROLLER_TYPE_HERE%     # for example -> atmega168
+#board_f_cpu = %PROCESSOR_FREQUENCY_HERE%    # for example -> 16000000L
+#upload_port = %UPLOAD_PORT_HERE%    # for example (Mac/Linux) -> /dev/ttyUSB0
+#upload_port = %UPLOAD_PORT_HERE%    # for example (Windows) -> COM3
+#upload_protocol = %UPLOAD_PROTOCOL_HERE%    # for example -> arduino
+#upload_speed = %UPLOAD_PROTOCOL_HERE%       # for example -> 19200
+#targets = %DEFAULT_TARGETS_HERE%            # for auto-upload use -> upload
+
+#
+# Atmel AVR based board + Arduino Wiring Framework
+#
+#[env:myarduino_board]
+#platform = atmelavr
+#framework = arduino
+#board = %BOARD_HERE%               # for example -> pro16MHzatmega168
+#upload_port = %UPLOAD_PORT_HERE%   # for example (Mac/Linux) -> /dev/ttyUSB0
+#upload_port = %UPLOAD_PORT_HERE%   # for example (Windows) -> COM3
+#targets = %DEFAULT_TARGETS_HERE%   # for auto-upload use -> upload
+
+#
+# TI MSP430 based board
+#
+#[env:mytimso430_board]
+#platform = timsp430
+#board_mcu = %MICROCONTROLLER_TYPE_HERE%     # for example -> msp430g2553
+#board_f_cpu = %PROCESSOR_FREQUENCY_HERE%    # for example -> 16000000L
+#upload_protocol = %UPLOAD_PROTOCOL_HERE%    # for example -> rf2500
+#targets = %DEFAULT_TARGETS_HERE%   # for auto-upload use -> upload
+
+#
+# TI MSP430  based board + Energia Wiring Framework
+#
+#[env:myarduino_board]
+#platform = timsp430
+#framework = energia
+#board = %BOARD_HERE%                        # for example -> lpmsp430g2553
+#upload_protocol = %UPLOAD_PROTOCOL_HERE%    # for example -> rf2500
+#targets = %DEFAULT_TARGETS_HERE%            # for auto-upload use -> upload
+
+#
+# TI TIVA C ARM based board  + Energia Wiring Framework
+#
+#[env:mytitiva_board]
+#platform = titiva
+#framework = energia
+#board = %BOARD_HERE%                        # for example -> lplm4f120h5qr
+#targets = %DEFAULT_TARGETS_HERE%            # for auto-upload use -> upload