I came across this yesterday. Always nice to find there's financial advantage to the one who wins - although it'll probably mean more entrants than might otherwise be the case.
Nonetheless, might be worth a flutter, if only because it's political writing - which is the kind of thing I'm more inclined to do. Of course I won't win, but if I do give it a pop, at least I'll have something to post here!
They don't say anything about nationality. Do you think I can get away with a Latin American bio?