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Kotaku
The 10th annual Independent Games Festival, to be judged at the 2008 Game Development Conference (February 20-23), is open for submissions in both the 'main' and 'student' categories. The mod contest will not be taking place at the 2008 GDC , though they've included in the student category.
The 2008 IGF Main Competition will again be open to all independent developers to submit their games - whether it be on PC, console digital download, Web browser, or other more exotic formats. The prizes again total nearly $50,000, with a $20,000 Seumas McNally Grand Prize, and the deadline to enter the Main Competition is Monday, October 1st 2007.
You can find more information at the official website; indie developers, start your engines.
