Publisher Zoo Games revealed that its online indie gaming community IndiePub Games will host its first Independent Propeller Awards competition -- the winners will be announced on March 13 at SXSW ScreenBurn, the gaming portion of the SXSW Interactive Festival.

IndiePub will accept new and original PC/Mac/browser-based submissions for the contest starting today through February 18th (see the full competition rules here). A panel of judges will select the finalists in several categories: Best Art, Best Audio, Best Design, and Technical Excellence.

Organizers will pay for finalists' flights and accommodations so they can attend SXSW and demo their games during the event. IndiePub will offer a possible publishing deal with Zoo and $150,000 in total prizes, including $50,000 for the grand prize and $25,000 for subcategory winners.

"Like SXSW, IndiePub Games was founded to create a channel for artists where they can share their work and their ideas," says Zoo Games CEO. "We are thrilled to partner with SXSW Interactive to showcase the inspiring talent and innovation found within the independent gaming community through the inaugural Independent Propeller Awards."