The fight for IPL TAC 3 will begin on April 14th when the first of the total of four semi-open qualifiers will be held (the rest will be on 21.04, 28.04 and 05.05). Teams with minimum of five players may apply for a spot in the qualifiers by sending the necessary information to IPL. A day after the qualifier process is completed, the main tournament shall start.
IPL already announced the majority of the teams that have received direct invitations to the main tournament, including nine Korean and seven foreign ones:

















Prizes will be distributed as follows:
1st place: $9,000
2nd place: $4,000
3rd place: $3,000
4th place: $2,000
5th/6th place: $1,000
Stay tuned to GG.net as we'll keep you updated on how IPL TAC 3 develops.
Source: TeamLiquid