One compile coding competition

I'm bored of competitions and awards where someone always wins. It should be okay if there's no champion this year, as all the teams performed on par with each other.

In the OCCC, participating entrants are given a task to write a program for (compile hailstone numbers, compute mersenne primes, sort a database of names reverse-alpha, etc) and only a text editor with no built-in syntax checking, color coding or anything. (the EXTREME version involves entrants only receiving pencil and paper, and in some cases, no eraser).

Whether or not the users have access to an internet connection can also be a parameter -- but would have to be carefully monitored to prevent test-compiling or code-checking elsewhere. It might be okay if someone is looking up the syntax to a particular function, but it would not be okay for someone to ssh into their home computer and compile their code there.

Entrants must code to a time deadline, at which point, their code will be compiled for the first and only time. Any bugs, lack of functionality or compile errors mean instant loss.

Should more than one entrant (teams of people are allowed) actually succeed in writing a working program, the software will be judged according to specs based on the type of program (speed could be foremost for number factoring, memory usage might be foremost for the embedded version of the competition.)

Obviously, the compiler and version will be listed well in advance of the competition. I picture this competition being for C, at least at first, though after it gains massive popularity and overthrows 'dancing with the stars', I imagine that spin-offs will occur, some might even involve interpreters instead of compilers.

I imagine that, at least for the first few competitions, there will be no winners, and this is okay! the prize money will carry over to the next competition.