The award was set up by Private Eye and the Guardian in memory of investigative journalist Paul Foot
The award, which was set up by Private Eye and the Guardian in memory of investigative journalist Paul Foot, who died in 2004, is open to entries published in a UK newspaper, magazine or online between 1 September 2010 and 31 October 2011.
The winner of the award will receive £5,000, while five runners-up will be awarded £1,000 each.
Entrants can be individual journalists, teams of journalists or entire publications. Entries can be submitted until 12 November, with the award ceremony to be held in February next year.
A shortlist will be released January next year after consideration by a judging panel to include Brian MacArthur as chair, Private Eye editor Ian Hislop and Guardian editor-in-chief Alan Rusbridger.
Last year's winner was freelance journalist and author Clare Sambrook, who was presented with the award for her reports on the detention of asylum seekers' children.
