This is a new website that gives companies a chance to create logo design contests in which they can set down their exact requirements and the prize money they are willing to give to the ones who get the job right.
Contests are dynamic in the sense that the designers who are interested in them get feedback from the contest holder.
That is, they are not submitting a logo based on the initial requirements only. Messages will be exchanged back and forth, so that the designer can understand what the company wants to transmit more thoroughly and use that knowledge in order to come up with something meeting these expectations.
In final place, it is important to mention that contests can be both public and private. Private contests are hidden from search engines, and only those who are registered members of the site can actually see them. And there is also a contest modality named “Guaranteed Contest” in which the contest holder pre-pays the prize to Innovative Logo, effectively guaranteeing designers that one of them is getting it when the time comes.
InnovativeLogo.com In Their Own Words
“Your easy and affordable small business and corporate logo solution.”
Why InnovativeLogo.com It Might Be A Killer
It gives emerging designers a chance to start making a name for themselves in a market that is highly competitive.
Some Questions About InnovativeLogo.com
What other kind of prizes can contests have, if any? 
