If you want to represent writers, this hardly seems the way to go about it. Doesn’t sound liek a good deal for writers at all. Like Lisa, I really want to know where the money is coming from? It’s easy to say you’re going to award money, but is that money sitting in a bank account at this moment, or is it money you plan on making somehow?
I’m not sure what you mean when you say there aren’t many profitable outlets for this type of writing? True stories can generate millions of dollars. And if there’s no money in it, why are you so interested?