So you want to get started with IoT projects? The Kinoma Element kit has you covered. It lets you develop production-ready embedded devices with WiFi. The kit contains a 200 MHz ARM Cortex M4 microprocessor, 16 configurable pins, WiFi, and 0.5MB RAM. It works with sensors, lights, motors, and actuators. The PCB board design is open source.
By experimenting with this kit, you will learn about connected home projects and electronics. More info is available here.