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Términos legales competición EnlightED

1.- INTRODUCTION

Spain Startup and Investor Services S.L. (hereinafter referred to as "SPAIN STARTUP”) in its commitment to innovation and creation of businesses, announces a new edition of the Startup Competition.

The aims of SPAIN STARTUP include strengthening the entrepreneurial ecosystem and promoting entrepreneurship.

The aim of this initiative is to display entrepreneurial talent to the international investment community, as well as to corporations seeking innovation, encouraging contact between both of them for potential investment, commercial or strategic agreements, as well as promoting startups participating in the event.

Spain Startup is a platform that brings together players in the entrepreneurial ecosystem as a pathway for creating opportunities. A meeting point for the most promising startups, leading international investors and corporations that are committed to innovation. Spain Startup is a professional tool that encourages interaction and the creation of business opportunities: visibility, access to finance and strategic agreements for startups, innovation for corporations and deal flow for investors. It is in short a place where enterprise, innovation and investment are a reality.

By holding South Summit, Spain Startup has become the leading meeting point for the entrepreneurial ecosystem in Southern Europe, Mediterranean and Latin America.

On the occasion of the holding of South Summit, the Startup Competition is being organized with the terms and conditions included in this document.

2.- PURPOSE

The purpose of this competition is to select about 100 projects for submission as part of South Summit, which will take place on 3, 4 and 5 of October 2018.

Projects will be selected based on various criteria such as innovative proposal, feasibility, scalability, team and interest for potential investors.

3.- PARTICIPANTS

This competition, organized as part of South Summit, is aimed at all those projects that are at an early stage of development (hereinafter referred to as "Early Stage") and those that are more consolidated (hereinafter referred to as "Growth"). The competition is open to all entrepreneurs, of legal age, whether they be natural or legal persons, and whatever their nationality.

There will be no territorial limitation to participate in the Startup Competition, so any local or international Startup may participate this year, the only requirements being those established in Section 4 of this document.

The participant certifies/states that all data/information submitted to SPAIN STARTUP is their own and not of a third party, as well as it is true, correct and accurate to the best of their knowledge.

4.- REQUIREMENTS

4.1- The Startup Competition will focus on two main categories, the requirements to participate being as follows:

  • Early Stage
    • Projects or startups at an early stage of development
    • Identified global business opportunity
    • Innovative character and
    • Scalability
  • Growth
    • Business with international implementation or projection.
    • Validated business model.
    • Market penetration.

In order to respect the different business initiatives and projects participating in the Startup Competition, the heads of those that are selected agree to attend South Summit on the days assigned to them.

Mere participation in the Startup Competition implies acceptance of the whole contents of these Terms and Conditions. Non-acceptance of any of the points that make up these Terms and Conditions entails non-participation in the Startup Competition and, in the event of being selected and/or winning, automatically renouncing the prize.

4.2 Applications must contain the following information:

  • Online registration form available at the South Summit website (www.southsummit.co) . Applicants must complete all sections in the form required as obligatory in English.
  • In case of being selected for the 2nd round of the evaluation process, applicants will be asked to upload a 3 minutes Elevator Pitch video in order to be evaluated by the Selection Committees.

5.- SELECTION PROCESS

5.1 The deadline for submission of projects will start on February 1st, 2018 and end at 23:59 on August 17th, 2018.

5.2 The selection criteria to be used for the selection of the 100 Startups are as follows:

  • Innovation, relevant and distinguishing innovative aspects.
  • Scalability, potential for internationalization and application in other countries.
  • Feasibility, technically and commercially feasible projects.
  • Team, relevant experience and commitment to the development and launch of its proposal.
  • Investable, interesting project for investors, financial institutions and/or companies

5.3 The Selection Committee will be appointed by Spain Startup. It will comprise an international network of investors, entrepreneurs and experts in various industries. This Committee will evaluate all the projects and will select the best graded ones (around 400 Startups). This first round of preselected Startups will be communicated around June 18th, 2018.

5.4 After this first round, the preselected Startups will be required to make an Elevator Pitch video. Requirements will be detailed in the previous days.

5.5 The around 400 preselected Startups will be evaluated by a Second Selection Committee, formed by representatives from companies and investment funds participating in South Summit. This Committee will evaluate the proposals and select about 100 projects. The list of those selected will be announced around 2018 July 20th, individually notifying selected participants by email.

The selected Startups will have access to the Startup Package, which includes:

  • Pitch to top-tier international investors, media and leading corporations
  • 3 free tickets for South Summit
  • Access to a demo-booth at a discount price
  • One on one meetings and matchmaking service with investors and big corporations
  • Fund book: Access to our fund book with first hand information about the investors attending the event
  • Corp book: Access to our corp book with first hand information about the corporates attending the event
  • Training program during the month of September (Pitch training, fundraising…)
  • Other benefits: Possible benefits would be included during the next month.

The approximately 100 projects selected to participate in South Summit will make a first presentation on the stage on October 3rd and 4th, 2018 and will be graded by a jury composed by the main. This jury will select the finalists (around 10 Startups) that will make a second presentation on the Main Stage of the venue and again graded by another Jury.

6.- SELECTION OF STARTUP COMPETITION WINNERS

The decision regarding the winning projects at the time of the verdict and award of the final award to the best project of each category from the around 10 finalists will be made by international and national investors, partners and specialists invited to attend the make up of the Jury.

7.- ACCEPTANCE OF TERMS AND CONDITIONS

In order to respect the different initiatives and business projects participating in the Competition, those responsible for the former that are selected agree to attend South Summit 2018 on the days assigned to them.

All SPAIN STARTUP employees, shareholders and service providers are expressly excluded from participation in this Promotion, as well as their first degree relatives and the employees of those companies involved in the development and/or mechanics of this Competition.

Furthermore, SPAIN STARTUP reserves the right, unilaterally and without prior notice, to exclude any participant in the Competition, especially in those cases where it has suspicions or detects attempts to defraud, alter and/or disable, directly or indirectly, the smooth running and ordinary, proper course of this Competition.

Both the initial Selection Committee and the Jury appointed for different phases of the Startup Competition will have the ability to interpret and complete the Terms and Conditions of this competition and their decisions will be final and unappealable.

Non-acceptance of any of the terms and conditions of the legal rules of this Promotion will also involve the loss by participants of the right to obtain any prize that could arise from their participation in this Promotion.

Mere participation in the Startup Competition involves acceptance of the whole contents of these Terms and Conditions. Non-acceptance of any of the points that make up these Terms and Conditions involves non-participation in the Startup Competition and, in the event of being selected and/or winning a prize, automatically renouncing the prize.

8.- INTELLECTUAL PROPERTY

All participants taking part in the Startup Competition declare that they have sufficient ownership of intellectual property rights (trademarks, etc), programmes and/or content included in their proposals, declaring through the acceptance of this Legal Notice that they do not infringe on any intellectual property right or any other rights that any third party may hold in Spain or abroad regarding the contents and exempting SPAIN STARTUP from any liability regarding the use of the above-mentioned programmes and/or content.

Specifically, and in relation to the content and images that participants may make public during the Competition, the latter guarantee and are liable to SPAIN STARTUP and third parties for the following aspects:

  • They are legitimate owners or holders of rights, granting SPAIN STARTUP the license for their publication and, where appropriate, have obtained the necessary consent from third parties to do so.
  • They do not violate applicable laws such as those relating to the right to privacy, image and/or honour, intellectual, industrial or similar property rights, or any right of a third party, either a person or an entity.
  • In the unlikely event that they publish personal details about another person during the course of the competition, they should have previously obtained their consent for the publication.

The participant will therefore be liable to SPAIN STARTUP for the accuracy of the details reported, ensuring that they do actually correspond to them and not to a third party, holding SPAIN STARTUP harmless from any demand or claim that, if applicable, could be made by third parties in relation to the above statements, and any legitimate right to the content that is published and/or provided to SPAIN STARTUP as part of the Competition.

The participants are in any event solely liable for the consequences of damages or actions arising from use of the content and/or programs included in their proposals, as well as their reproduction and diffusion.

Intellectual and/or industrial property for initiatives and projects submitted in the "Startup Competition" will - where appropriate in each case - belong exclusively to participants who submitted them.

9.- CONFIDENTIALITY

Throughout the Startup Competition, confidentiality will be ensured with respect to the ideas and/or projects submitted by participants; organizers only being able to diffuse, at any time and through any means, the general characteristics of these, as well as the names of these ideas and/or projects and those of participants and, especially, the winners.

10.- ADVERTISING

Startup Competition participants, and especially the winners, expressly authorize SPAIN STARTUP through the acceptance of these Terms and Conditions, without any territorial or time limit, to establish, reproduce, disseminate and use by any printed, spoken and signed media, in any form, by any means and through any medium, their name, image and voice, as well as the general characteristics and names of the ideas or projects submitted, always respecting the provisions of the Intellectual Property and Confidentiality sections of this document, provided they are for advertising, information and/or promotional purposes relating to Startup Competition or The South Summit, without any right to compensation.

Networking at South Summit”

On the occasion of the holding of the South Summit, a Networking tool will be enabled on this website by which those attending the event may, if authorized, share data provided in this registration procedure with the rest of attendees and access the data provided by the latter.

Given the above, those people who wish may authorize the sharing of their data through the mechanism specially provided in the registration procedure to the above-mentioned event, being able to revoke this consent at any time using the procedure outlined in the Privacy Policy section in this document.

Spain Startup Platform

Spain Startup is launching a new Innovation platform in this 2018 edition. This is a website aimed at encouraging interaction between companies committed to innovation (a description of the area or sector of interest will be published on the site) and entrepreneurial projects that add value in these areas. So, those people who wish may authorize their participation in the Spain Startup Innovation platform through the mechanism specially provided in the registration procedure to the above-mentioned event, being able to revoke this consent at any time using the procedure outlined in the Privacy Policy section in this document.

11.- PRIVACY AND DATA PROTECTION POLICY

In compliance with the current legislation on the protection of personal data, and in particular with the provisions of Articles 12 to 14 of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of individuals with regard to the processing of personal data and on the free movement of such data and repealing Directive 95/46/EC (hereinafter referred to as "RGPD"), you are hereby informed that the data controller is SPAIN STARTUP AND INVESTOR SERVICES, S.L. (hereinafter referred to as "SPAIN STARTUP"), with Tax Identification Number B-86685294 and registered office at calle Monte Esquinza 28, 28010 Madrid and website: www.southsummit.co/en

SPAIN STARTUP will process your personal data in order to manage your participation in the Startup Competition, as well as to process communication with the winner of the competition, in order to make it possible for the prize to be awarded. In the same way, your personal data may be used to manage the sending of content through the Newsletter service, if you expressly authorize us to do so through the corresponding subscription forms.

The basis for legitimating the processing is, primarily, the consent of the interested party, granted through the acceptance of these Legal Bases. You have the right to revoke your consent at any time, but this does not affect the lawfulness of the processing prior to its withdrawal. In any case, failure to provide the required personal data may result in the inability to participate in the competition.

You are informed that your data may be transferred to collaborating entities, promoters, organizers and other participants in the STARTUP SPAIN competition ("Partners") with the aim of promoting your company and contacting you due to the interest generated as a result of your participation in the competition. In the event that these collaborating entities are located outside Community territory, this would be an international transfer of data, which would be carried out, in any case, with due legal guarantees in accordance with articles 44 and following of the RGPD. Other than in these cases, no separate transfers of personal data are envisaged.

You are also informed that, pursuant to article 30 of the Spanish Commercial Code, your data may be kept for at least six (6) years.

Finally, you are hereby informed that you may exercise your rights of access, rectification, erasure, limitation of processing, data portability and opposition by sending a written communication via e-mail privacy@spain-startup.com with the reference "Exercise of Rights" accompanying your application with a copy of your national identity card or equivalent identification document (passport, N.I.E.....). If your personal rights are not respected, you may lodge a complaint with the competent supervisory authority.

12.- MODIFICATIONS AND CANCELLATIONS

SPAIN STARTUP reserves the right to modify these Terms and Conditions at any time, including the prize and/or its possible cancellation before the expected date of resolution, provided there is a justified cause, undertaking to publish these modifications through their website www.southsummit.co

Furthermore, if participants wish to make any modifications or cancellations related to the information provided, they must do so to the email address info@spain-startup.com

13.- LAW AND JURISDICTION

These Terms and Conditions are governed by Spanish law and the participants and the organizer, expressly waiving any other jurisdiction, are subject to the Courts and Tribunals of the city of Madrid for any dispute arising between the parties.