IGF platinum sponsor GameTap has announced complete details of its special IGF award for this year, the GameTap Indie Award - the full announcement is over at Gamasutra:

"The three hand-picked recipients of the GameTap Indie Award will have the opportunity to have their titles showcased on the GameTap Service. Ricardo Sanchez, GameTap’s vice president of content, has selected these three games as outstanding examples of achievement in independent game development.

One award recipient will receive a $10,000 advance after signing a five year distribution deal to be a part of the new GameTap Indies label, while the two additional recipients will each receive a $5,000 advance after signing the same five year distribution deal to be part of the label. The chosen developers will be announced on stage at the Independent Games Festival Awards on Wednesday, March 7. This award is in addition to the almost $50,000 of existing prizes to be given out to IGF winners."

This'll probably be the last update until the awards themselves, so check back here on March 7 to find out the lucky winners!