Hi Bordo,
Thank you for your submission. While I think your version is probably the most unique for the combination of the CG as part of the mark, we did post a comment on the homepage of our competition about not submitting any more marks that combine the CG. We feel it's redundant to repeat it given it's already in the name. I think the typeface is a bit too generic feeling. I would recommend reading through the comments on the homepage, our competition brief as well as the comments we've left for the currently shortlisted designs.
Looking forward to seeing your new designs.
Cheers,
Jeff