I'm not too big on prizes, but since this one doesn't require an application fee, I thought I'd spread the word...
THE 2011 VILCEK PRIZES IN LITERATURE:
The 2011 Vilcek Prize for Creative Promise in Literature guidelines and application forms are now available at http://www.vilcek.org/print/prizes_creative_promise.php No entry fee. The awards are for non-American-born writers of poetry, fiction or creative nonfiction who are living and working in the U.S., age 38 and under; one $25,000 prize, + four $5000 prizes.
(There is also a $100,000 Vilcek Literature Prize for one non-American-born writer of poetry, fiction or creative nonfiction who is living and working in the U.S., no age restriction, but there is no application process for this prize.)
I am an advisor to The Vilcek Foundation for their 2011 Vilcek Literature Prizes, but I am not a judge for any of these awards.