Hi ak21,
> Also is it possible to enter the competition with a team?
Yep, you can enter with as many people as you like, but of course you'll have to then carve up the prize. It would definitely make sense to partner with a coder, or even a 3D artist who understands the Blender logic blocks to visually create interactivity, so that you can both produce a better final result.
There is now also another Blender related competition, which might be of interest to any artist here wanting to work alone ( ie no programmers involved ), by re-using existing assets to make new levels.
You can read about it, and the prizes, here...
Yo Frankie - Level Competition at BlenderNation
Best regards...
Mal