It'll be judged by Terryl Whitlach and submissions are due on the facebook page by May 12th. They haven't announced the prizes for this particular competition, but they ended up putting all the submissions into a book for the last one and the grand prize winner got a signed copy of Creatures: Real and Imagined, (possibly a cash prize) and an hour of skype time with terryl to look over your portfolio and whatnot. You can do it in whatever medium you want.
This time it's specifically for Kaiju designs (Colossal dinosaur-like monsters that were fought by robots in the Film Pacific Rim).
https://www.facebook.com/events/452193294886894/?ref=ts&fref=ts
Thanks for posting! That sounds like a blast :)
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