This the fourth year NYC Midnight Movie Making Madness has organized this event. Writers from all over the world compete to create original stories (1,000 words max.) based on genre, location, and object assignments.
There are three rounds in the competition, the first beginning August 19-21. If interested in competing, check out more information on the website. There are cash prizes for the winners, but there is also a $49 entry fee.
Personally I love flash fiction when done well (sadly it is so often done poorly) and I think this is a fantastic opportunity to get writing and hone your flash fiction chops.
You must hurry, though! The deadline to register is TONIGHT at 8 pm!!!!!