Activision has announced what is apparently the first third-party Independent Games Competition for small-time developers in North America.
There will be two rounds to clear before reaching the grand prize, which is presumably a lump of money and a publishing contract. But that's unclear at this point.
All that's been revealed are the first round prizes of $175,000 for the winner and $75,000 for the loser er runner-up.
Submissions are open now and close on 31st August. And the winners will be announced in October.
"This competition underscores our commitment to supporting the creative spirit and innovation of developers," commented Activision's Dave Stohl.
Interestingly, the terms of the competition, which must be agreed to, say entrants must "acknowledge" that Activision may make games "similar to the entrant's submission" and must give first right of refusal to Activision for the development or publishing of any submission.