Eagle Initiative cancelled after one year

The Eagle Initiative has been cancelled after a run of only one year.

The independent offshoot of the Eagle Awards was launched in May 2010 to discover new creators and promote their work.

With the legendary Stan Lee as its patron, the project was founded by Barry Renshaw and Cassandra Conroy and supported by various industry professionals.

"Unfortunately, despite our best efforts, I have had to reluctantly cancel this year's Eagle Initiative competition due to low turnout," said Renshaw.

"Though many entries were of a very high standard, there were not enough submissions to make the competition viable. It's a decision that is bitterly disappointing to me and everyone involved, especially after the amount of time and effort put into it, but considering the poor response it was the only option."

The organisation will continue to develop "smaller, more localised projects" in the future.

All entrants to this year's competition will have their registration fees refunded.