To celebrate the launch of the Magic Whiteboard Drawing Pad app for iPad, the company behind the app have announced an art and drawing competition, with a chance to win a 32GB Apple iPad.

"All you have to do is download our new iPad app Magic Whiteboard Drawing Pad, create a drawing on the Magic Whiteboard Drawing Pad app for iPad and then email it to us," the Magic Whiteboard notes.

The company was featured on the popular BBC show Dragons' Den, when investors James Caan, Duncan Bannatyne, Theo Paphitis and Deborah Meaden all offered to invest in the company.

Meaden and Paphitis eventually gave £100,000 in return for a 40 per cent share in the company. The Magic Whiteboard product allows users to create a whiteboard from a roll anywhere, and is now sold in Ryman Stationery stores, Staples, Office Depot/Viking Direct and elsewhere.

Magic Whiteboard Drawing Pad

Available from the Apple iTunes App Store, Magic Drawing Pad costs 59p and requires the iOS 3.2 Software Update or later. The "special introductory price" is being offered until 31 January 2011, while an iPhone version will be released next week.

Entries can be emailed to [email protected], while the closing date for your creative endeavours is 31March 2010. Theo Paphitis will judge the iPad Art Competition.