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.
The team members will be the main business proposal and start-up enterprise implementation team. Teams are expected to spend the majority of their working time at the premises, with presence of at least a team members at any time: The CEO and / or material shareholders, so that they benefit from IDEA facilities and services, but most importantly, for synergies and interaction. The team members are expected to attend all of the Accelerator stage trainings (exemptions may be given based upon team member background and experience), mentoring sessions, investor pitchings and any type of event. The teams agree to be bound by the terms and conditions of access and use of the premises.
Startup CEOs and / or material shareholders need to attend all important trips & events of IDEA.
Only upon approval decision of IDEA, can members of the team be substituted and/or added with the implicit condition to fulfill above criteria.
Giving back to society
Give, take and share are integral parts of the IDEA culture. We give great emphasis on the important role of each start-up, which is to become an example for others and gradually give back to the ecosystem, give back to the new start-ups. By their acceptance at IDEA, each start-up team undertakes to offer the below, without the demand for remuneration:
- Offer assistance and help other teams based on their own expertise, in a reasonable manner
- Offer assistance to IDEA
- Organise on behalf of IDEA at least one event per month
- Mention IDEA in all its publicity (articles, interviews, etc) with purpose to increase awareness for IDEA and continue to attract more entrepreneurs (mentions to be agreed with IDEA in advance)
The number of startup teams that will be admitted relies to the absolute discretion of IDEA.
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: firstname.lastname@example.org.
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.