I have entered my draft manuscript in an Amazon/Penguin backed competition – actually hosted by CreateSpace.com – an e-author portal subsidiary of Amazon. Well why on Earth wouldn’t I? $15000 first prize and a contract with Penguin. I will let you know how I get on. They are taking first 5000 entries and then gradually eliminating through until June.
Only problem is that it is for unpublished works only so I have to hold off publishing now until I am eliminated or I win. Its very interesting reading the T&C cos they go through in detail how you will negotiate the contract with Penguin if you win. It all sounds very pleasant.