Miami - A pair of virtual entrepreneurs have teamed to launch the Virtual Worlds Academy, which will promote the creative community in such worlds and host the first Virtual World Awards, to "recognize excellence and originality in virtual reality." Jon Jacobs (aka "NeverDie" in the Entropia Universe) and Ailin Graef (aka "Anshe Chung" in Second Life) both operate successful virtual businesses within their respective virtual worlds. "As the online community develops we think it's essential to document its history and its forefathers," said NeverDie. Submissions for the first Virtual World Awards will be accepted online through Nov. 15, with nominations to be announced in February 2008.