the MP3 Compo is a montly competition between artists who submit their tracks. There will be a screening of the tracks, and the best 5 entries go forth to the public voting. The winner can automatically enter a new track for the next month's screening. There's the possibility of running custom compos - ideas that you can submit.
More info and stuff over the site:
http://mp3compo.cdn2.ro
Good Luck!
Sounds cool, I'll check it out, can't pass up a compo :)
Alright, looking forward to your entry.
Good luck! :D