Following up on their successful festival and awards presentation in 2010, Vimeo has at last announced their follow-up event to be held sometime in 2012. Starting today, the online video website — a favorite for filmmakers thanks to Vimeo’s high quality video streaming — is accepting submissions for next year’s event that will see a couple lucky winners taking home some big prizes.

There will be 13 total categories that filmmakers can submit to and the winning video of each category will win a Grant of $5,000. In addition, there will be a $25,000 Grant given to one Grand Prize winner.

Videos eligible for submission are original works that have debuted online sometime between July 31, 2010 and February 20, 2012 — with Feb. 20 being last day entries will be accepted. The submission fee is $20 (U.S.) per video ($5 for Vimeo Plus and PRO members). Interested filmmakers can submit their work here.

The 2010 festival only accepted videos in nine categories. The four new categories that the 2012 festival will be adding are: Fashion, Action Sports, Advertising and Lyrical.

Submitted films will be judged by an independent jury of all of 2010’s winners, plus two industry luminaries/experts per category. While the full list of expert members of the jury is expected to be released in January, Vimeo did release a few names of the judges for the four new categories. They are:

Stacy Peralta (Action Sports)
David Droga (Advertising)
Nick Knight (Fashion)
Phillip Bloom (Lyrical)

If you’re interested in submitting a film to the Vimeo Festival, please visit their website.

The list of last year’s winners is below:

Narrative: “Thrush” by Gabriel Bisset-Smith
Documentary: “Last Minutes with ODEN” by Eliot Rausch
Music Video: “Liars ‘Scissor’” by Andy Bruntel
Animation: “Between Bears” by Eran Hilleli
Original Series: “Break-ups The Series” by Ted Tremper
Experimental: “oops” by Chris Beckman
Motion Graphics: “TRIANGLE” by Onur Senturk
Captured: “Fluid Sculpture”by Charlie Bucket
Remix: “BREAKDOWN the video” by Kasumi