Why not sharpen your skills with some friendly crafting competition....
RikRak Studios present the 2010 Handmade Olympics. With eight crafting events to enter, fantastic judges and prizes it should be a lot of fun as well as a great chance to get your crafted lovelies out to a larger audience.
Threadless has an enormous 10,000$ prize up for grabs for anew t shirt design that will launch a new trend.
Etsy and Cool Mom Picks are running a competition for a down-loadable coloring-in valentine's day card for kids.