Spring’s Challenges Terms and Conditions
You acknowledge and agree that the Grant Parties’ acceptance, receipt and review of your Application is subject to the following conditions:
- The disclosure of your business idea made in your application, and any ideas, inventions, methodologies, designs and other concepts (“Ideas”) is not made in confidence or on the basis of any confidential relationship; and
- The Grant Parties will have no obligation whatsoever with regard to the Ideas disclosed to the Grant Parties.
Spring Activator may create statistical and anonymized reports, analysis and predictive models, rules and insights using information you have submitted with your application. Aggregated reports may be shared with other businesses. The information in these reports is not personal and cannot be used to identify you.
By submitting an application, you agree that all information provided in connection with your application is true, accurate and complete, and you agree to be bound by these terms and by the decisions of the selection committee and Spring Activator, which are final and binding in all respects. Spring Activator has the absolute discretion to determine eligibility of any applicant under this Challenge and any payment due under this Challenge.
As a condition of application, Spring Activator reserves the right to conduct a background check on any potential Successful Applicant and the right in its sole discretion to disqualify any applicant based on such background check if in its sole discretion it determines that awarding the Grant to such applicant might reflect negatively on the image or reputation of Spring Activator or any of the Grant Parties.
By submitting an application pursuant to the Challenge, you hereby waive and release the Grant Parties and each of their respective affiliates, officers, directors, agents, representatives, successors and assigns from any and all liability, claims, losses or damages, whether direct, indirect, incidental, consequential, or punitive, and regardless of whether the claim or action is based in contract, tort (including negligence), or any other legal or equitable grounds, that may arise in connection with the Challenge, your submission of an application, your participation in the Challenge, and/or the granting and use/misuse of all or any portion of the Grant.
Spring Activator may suspend, amend or cancel the Challenge, any of the Challenge terms or any applicant’s participation in the Challenge at any time.