Thanks to Van on the 'Writers' News' Talkback Forum for providing information on this competition.
It's being run by the Romance Writers of America (RWA) and the Chick-Lit Writers of the World (CLW) and you don't have to be a member of either organisation to enter.
There are a number of categories, with explanations if you're not sure which one your story fits into.
You need the first 5,000 words of your manuscript for judging,and an optional 500 word synopsis which is recommended you include, though it won't be judged.
Entries must be sent electronically (RTF file) with your entry number. Payment can be made by PAYPAL. Entry fee is $25 for non members.
The prize is a $50 Amazon Gift Card.
Entries must be received ELECTRONICALLY NO LATER than 2nd October 2010, 11.59PM EDT.
(EDT is Eastern Daylight Time-so you'll need to do some calculations.)
Guidance and entry rules are available on a downloadable PDF on the website: chicklitwriters.com
The good aspect is that entrants will receive their score sheets from the four first round judges. So even if you don't get shortlisted you get something useful back.
Good luck to all who enter...