From the Philadelphia Photo Arts Center website...

The Philadelphia Photo Arts Center is excited to announce Daydream Nation, our 1st Annual Contemporary Photography Competition and Exhibition. The title refers to photography’s ability to project emotions and dreams of the maker and to interrogate experiences of either fantasy or truth. The photograph is often the success and sometimes the failure of that daydream.

Selected entries will be exhibited at PPAC from June 8 – August 21, 2010 and will be included in a book of the exhibition. First, second, and third prize winners will receive, $500, $200, and $100 in cash prizes plus $50 gift certificates for PPAC’s digital services. The competition is open to all subject matter and photographic processes, work must have been created in the last 3 years. Competition open to all national and international artist. The entry fee is $25 for a maximum of 5 images. Members of PPAC do not need to send entry fee. Entry fees are non refundable. All entries must be received by Tuesday, May 4, 2010.

About the jurors:

Jock Reynolds is Henry J. Heinz II director of the Yale University Art Gallery for over 11 years. He has been executive director of the Washington Project for the Arts, in Washington, D.C., and director of the Addison Gallery of American Art at Phillips Academy, in Andover.
Joshua Chuang is the Marcia Brady Tucker Assistant Curator of Photographs at the Yale University Art Gallery. Prior to coming to Yale, Chuang worked as the production manager of the Pace/MacGill Gallery in New York City.

More details here