Amazon is having a novel writing contest. The first prize is a $25,000 contract with Penguin.
If you want to enter this you have to have a 50k words novel finished by the first week in February. There is a one week window to submit the novel. This is related to Amazon’s CreateSpace.com POD service.
Like chicken soup, it might help and it can’t hurt. It’s free and it seems that most people I know have a 50K novel sitting in a directory deep down on a hard disk. All nanowrimo people have several of these and another coming along. (My longest is about 24K and I have no time to make it longer.)
I expect that the romance genre will dominate this, but maybe there’s a spec-fic novel fresh enough to bubble to the top.
The first prize is a $25,000 contract. I’d have to win 5 of these a year to quit my day job. Writing for a living pays less than a fry cook at Burger King.