Intellectual Ownership
Each team participant in IDEA states and guarantees that the application is submitted by him/her lawfully and in accordance with the terms and conditions of the call, having received necessary prior approvals, consents and / or licenses. Additionally, the participant declares that he/she holds the legal rights to the submitted business proposal and the presentation, use, display or in any way exploitation the business proposal is not violating intellectual or industrial property rights, trade secret or any other rights of others natural or legal persons, either domestically or abroad. The participant also declares that he/she has read the statement on personal data (see SECTION on personal data) and agrees with its content.
Active Participation
The team members will be the main business proposal and startup enterprise implementation team. Teams are expected to spend significant working time at the premises with at least a team member being present at frequent intervals. That person should ideally be the CEO and/or material shareholder(s), so that they benefit from IDEA facilities and services, but most importantly, for synergies and interaction between all admitted teams. At least one team member is expected to be present during the Stage A - Accelerator trainings, mentoring sessions, consultancy sessions, investor pitching and any type of event which contributes to their passing rate and will allow them to continue at IDEA throughout the 9-month term. The teams agree to be bound by the terms and conditions of access and use of the premises.
Only upon approval decision of IDEA, can members of the team be substituted and/or added with the implicit condition to fulfil above criteria.
Giving back to society
“Give, Share & Take” are integral parts of the IDEA culture. We place great emphasis on the important role of each startup, which is to become an example for others and gradually give back to the ecosystem, give back to the new startups. By their acceptance at IDEA, each startup team undertakes to offer the below, without the demand for remuneration:
- Offer assistance and help to other teams based on their own expertise, in a reasonable manner.
- Offer assistance to IDEA, as above.
- In cooperation with IDEA organise frequent events, if need arises.
- Mention IDEA in all its appropriate publicity (articles, interviews, etc.), to increase awareness for IDEA and continue to attract more entrepreneurs.
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Confidentiality
The staff of IDEA, its founders and its strategic partners are bound by the confidentiality clause of IDEA MoU, the IDEA associates, evaluators, mentors, coaches and trainers are bound by confidentiality agreements with IDEA.
Any personal data submitted to IDEA, shall not be disclosed to third parties other than the above mentioned, except with the participants’ prior consent or in accordance with any Law or court order.
Right to the participants’ personal data
IDEA participants have the right to access and rectify their personal data and can contact for this purpose the Controllers of the personal data which is IDEA and BoC. Specifically, participants can contact the Manager of IDEA at the following address or/and telephone: IDEA, 36 Lykourgou str, 1011, Nicosia, Cyprus, tel: +357-22128144, email: info@ideacy.net.
Consent
The application and participation in IDEA constitutes an explicit and unreserved acceptance and consent of the Participants to the processing of their personal data by the above persons/companies in the manner and for the purpose mentioned above.
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