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Competition for illustrators
http://www.thebookseller.com/news/82390-waterstones-illustrator-comp.html
http://waterstones.com/waterstonesweb/navigate.do?pPageID=1789 (you can find the links to the rules and terms on this page.)
Comments
Interview with Julia Donaldson who is looking for a new illustrator and part of the competition. You may find it useful.
Deadline is 18th May apparently, so not long.
http://www.telegraph.co.uk/culture/books/authorinterviews/5125670/Could-you-illustrate-Julia-Donaldsons-new-book.html