File this under: interesting contest. This really seems like an intriguing contest idea.

The 5th Annual Screenwriter’s Challenge is a contest where writers compete to see who can produce the best short screenplay(15 pages max.) on an assigned genre and subject in one week.

There are two rounds in the contest. And if you advance, then you compete for over $15,000 in cash and prizes by writing a short script in just 24 hours.

This contest is open to anyone, anywhere. The Final Entry Deadline is April 2, 2008.

If you are interested, check out the official site for complete details. Entry fee is $45.