Meridian magazine (UVa) is running an Open Internet Competition for its Best New Poets anthology. Last year, they selected 24 out of 50 poems from the Open Competition; the rest came from lit mag recommendations. To date, they have more than 600 entries.
$8 reading fee for 2 poems. Contest ends tomorrow, June 15.
The online submission process makes it easy to enter.
Yes, I submitted for the heck of it. I need to have poems out there working for me. And, I would be flattered to be considered a Best New Poet.