2018 IATA GAPS Startup Innovation Awards Terms & Conditions

Transcription

1 2018 IATA GAPS Startup Innovation Awards Terms & Conditions VOID WHERE PROHIBITED. NO PURCHASE NECESSARY TO ENTER OR WIN. GENERAL INFORMATION 1. Information on how to enter the 2018 IATA Global Airport and Passenger Symposium Startup Innovation Awards (the Competition ) and the prize details form part of these terms and conditions of entry (the Terms and Conditions ). Entry into the Competition is deemed acceptance of these Terms and Conditions. Entries not in accordance with these Terms and Conditions are deemed ineligible. 2. The Sponsor of the Competition is the International Air Transport Association ( IATA or the Sponsor ), having its Head Office at 800 Place Victoria, Montreal, Quebec, Canada H4Z 1M1, and its Executive Offices at 33 Route de l'aéroport, P.O. Box 416, CH-1215 Geneva 15 Airport, Switzerland. 3. In addition to the specific requirements set out in these Terms and Conditions, the Competition is comprised of two parts: a. The Initial Application Process (see part A below); and b. The Competition (see part B below). Entrants must comply with each part of the Competition and the Terms and Conditions in order to be eligible to receive any of the prizes referred to in the Terms and Conditions. 4. The Competition is an exclusively skill-based competition without any element of chance. PART A Eligibility of Entry and the Initial Registration Process 5. Entry is open only to startups (the Entrants and each an Entrant ) that submit an application during the eligibility period (from 09:00am (UTC) on Tuesday, April 9, 2018 to 06:00pm (UTC) on Friday, July 28, 2018). Individuals entering the Competition on behalf of an Entrant must be eighteen (18) years of age or older at the time of entry. For the purposes of this Competition, a startup is an entrepreneurial venture which is typically a newly emerged, fast-growing and small business that aims to meet a marketplace need by developing or offering an innovative product, process, service or solution. To be eligible for entry into this Competition, a startup must be a duly incorporated entity; unincorporated start-ups are not eligible. IATA reserves the right to reject any application that does not meet the above criteria in its sole discretion. 6. Entrants may only enter the Competition once and no individual may represent more 1

2 than one (1) Entrant. 7. To enter the Competition, Entrants must register their interest for the Competition by: a. Providing their contact information on the following website: ( Competition Website ); b. Completing and submitting an online form on the Competition Website (the Online Form ) from 09:00am (UTC) Tuesday, April 9, 2018 to 06:00pm (UTC) Friday, July 28, 2018; c. Attaching their proposals to address one of the topics of the Competition, as further detailed in Section 10 below and on the Competition Website; and d. Reviewing these Terms and Conditions. Entry into the Competition is deemed acceptance of these Terms and Conditions. Submissions submitted other than through the Online Form will not be accepted. 8. Entrants are responsible for ensuring that their contact details submitted to IATA are correct. Entrants forfeit their right to claim prizes in the event that their contact details are inaccurate or incomplete. 9. Entrants representative(s) must have a valid passport (and valid visa, if applicable) for travel to the final round of the Competition during the 2018 Global Airport and Passenger Symposium ( 2018 GAPS ) in Athens, Greece, which will take place October 2-4, If an Entrant is shortlisted as a Finalist, that Entrant may not present its proposal at the 2018 GAPS unless such Entrant s representative(s) has a valid passport (and visa if applicable). It is the responsibility of each Entrant to ensure that its representative(s) is able travel to the location of the 2018 GAPS for the final round presentation. Please note that as of the date that the shortlisted Finalists are announced, Entrants will have at least twenty (20) days to organize a passport/visa for their representative(s), if required. 10. The innovative submission (business idea, solution, product or service) shall address at least one of the following topics: PART B Baggage; Disruption; Unaccompanied minors Wayfinding and passenger tracking; and Personalization The topics are described in more detail on the Competition Website. Selection Process 11. A panel of independent judges (the Jury ) will be asked to evaluate all the submissions received and shortlist three (3) finalists (the Finalists ).The Finalists will 2

3 be announced on the Competition Website in September 2018 on the Competition Website and will also be notified personally. 12. The Jury will consist of industry experts and independent consultants. Their names will be published on the Competition Website. 13. The Finalists will be invited to introduce their innovative business idea, solution, product or service at a final round presentation at the 2018 GAPS on Thursday, October 4, 2018 in Athens, Greece. 14. The winning entry will then be selected by the 2018 GAPS delegates through a voting website, and the winning Entrant will be announced during the 2018 GAPS Closing Plenary session on Thursday October 4, 2018, as well as on the Competition Website. Selection Criteria 15. The Jury will be asked to evaluate the entries received based upon their potential to become the basis of a viable new venture and will focus on the idea, its coherence to the topics, its potential for value creation, and the likelihood of achieving success based upon the Entrant s plan and experience. The Jury will evaluate all entries validly submitted that best meet the scope. Submissions will be judged using the following criteria: 1. Eligibility of the Application; 2. Innovativeness of Business Idea; 3. Financial Viability of Business Idea; 4. Timeline of Development and Implementation; and 5. Competency of Entrant s Delivery Team. These criteria are explained in more detail below: 1. Eligibility of the Application The submission has been submitted on time with the required documentation, using the Online Form, complying with the Terms and Conditions, and address at least one (1) of the topics identified in Section 10 above. 2. Innovativeness of Business Idea The business idea should reflect an innovative approach to addressing business challenges. The business idea should demonstrate a clear understanding of the issue it seeks to address, the economic drivers of the model, and the feasibility of the concept. The business idea should articulate the market need, size of opportunity, competitive landscape, and potential risks. Business Need: Product/service addresses a clearly-identified need and target users Product/service is clearly defined with features and benefits Product/service holds substantial and lasting appeal to target users Product/service is clearly differentiated from existing offerings Risks & Drawbacks: 3

4 Drawbacks significantly minimized Risks clearly identified with mitigation strategies 3. Financial Viability of Business Idea The business idea needs to demonstrate its financial feasibility (value created is greater than costs incurred), fundability (attractive for investors) and scalability (replicable across regions and countries). The financing plan should be sensible in terms of the capital required to launch and operate. 4. Timeline of Development and Implementation The implementation of the business idea should be illustrated with clear milestones and deliverables. Implementation Clearly defined vision and growth objectives Roadmap for implementation, including necessary partnerships, customer acquisition strategy and demonstrated proof of concept Basic scenario planning to show adaptability in the face of challenges 5. Competency of Entrant s Delivery Team The individual(s) involved in the implementation of the business idea are important. The individual(s) should demonstrate/possess relevant skills, contacts, and experience, or indicate how any gaps in skills and expertise will be addressed. The individual(s) should be persuasive in communicating the business idea and its potential. Prizes and Presentation 16. Access to the 2018 GAPS for each of the three (3) Finalists will be provided by IATA as follows: a. One (1) entry pass to the 2018 GAPS will be provided for free to one (1) individual representing each Finalist. Any additional individuals wishing to attend the 2018 GAPS will be responsible for purchasing their own entry pass. b. IATA will cover travel (in economy class) and reasonable accommodation (one (1) night) for one (1) individual representing each Finalist. Any additional individuals wishing to attend the 2018 GAPS will have be responsible for procuring and purchasing for their own travel and accommodation. c. Each Finalist will be provided a networking area at the conference venue during October 2-4, d. Each shortlisted finalist will be provided a ten (10)-minute presentation slot on Thursday 4th October at the 2018 GAPS to present their respective idea, solution or product. 4

5 17. The winner of the Competition will be awarded with a one (1) year free membership in the IATA Strategic Partnership Program. The one (1) year membership shall be limited to the one (1) area of involvement of the Strategic Partnership Program that is most relevant or appropriate to the winning entry. Entrants who are IATA Strategic Partners at the time of entry are not eligible for this prize. In order to qualify for, and receive, the prize, the winning Entrant must satisfy all eligibility requirements of the IATA Strategic Partnership Program, and IATA reserves the right to withdraw the prize if the winning Entrant does not meet all such requirements. 18. The Finalists and winners are responsible for any federal, state, and local tax consequences and for compliance with all governmental reporting and payment requirements. 19. In addition, the Competition offers the Finalists the following: General a. Expertise: GAPS provides access to experienced industry subject-matter experts. b. Networking: GAPS offers the opportunity to connect with other entrepreneurs, venture capitalists and management from airlines and other aviation industry organizations. c. A short summary of their respective idea, solution or product in the GAPS show daily newsletter. 20. IATA reserves the right to verify the validity of entries and to disqualify any Entrant that tampers with the entry process or submits an entry that is not in accordance with the Terms and Conditions. IATA will not accept any late or misdirected entries. 21. The Entrants retain all rights, title and interest to their submission, including all accompanying documentation (together, the Submission ), submitted to the Sponsor in the context of this Competition. For further clarity, the Sponsor does not own the Submission. Each Entrant, however, allows the Sponsor and the Jury to reproduce and distribute the Submission among the relevant members of the Jury, for the sole purpose of reviewing the Submission and designation of the Competition finalists and eventual winners. The Sponsor shall not disclose or distribute the Submission other than as explicitly permitted under these Terms and Conditions, and shall not appropriate or use in any manner the business and other ideas, or content found in the Submission. The Jury shall be subject to the same standards of confidentiality and will be limited in their ability to use, disclose or reproduce the Submission as set out above. 22. By entering the Competition, the Entrant s representative(s) agree to the Sponsor processing their personal data provided when Entrants register for their place in the Competition, for the purposes of conducting the Competition, advertising/marketing the Competition, and/or advertising/marketing future similar competitions. Representatives of the Finalists and representative(s) of the winning Entrant agree to the Sponsor processing their personal information for the purposes of facilitating attendance at the 2018 GAPS and distributing the prize, respectively. 5

6 23. In the event the Entrant is selected as a finalist and presents at the 2018 GAPS, the Entrant acknowledges that it is a public presentation and neither the Sponsor nor the Jury has any control over, and will not be liable for, any use or illegal appropriation of the content expressed in the presentation, by third parties that may be in attendance. In that context, each finalist acknowledges that they are fully responsible for the format and content of their presentation. 24. IATA reserves to the right to cancel the prize or to award less than the stated prize items. However, provided that there are at least five (5) Entrants, the prize will be awarded. 25. IATA s decision in relation to any and all aspects of the Competition is final and binding on every Entrant and no correspondence will be entered into. 26. Disqualification of any Entrant or individual who IATA has reason to believe has breached any of these Terms and Conditions, or engaged in any unlawful or other improper misconduct calculated to jeopardize the fair and proper conduct of the Competition, is at IATA s sole discretion. 27. IATA is not responsible for any problems or technical malfunction of any telephone network or lines, computer or online systems, servers, or providers, computer equipment, software, technical problems or traffic congestion on the Internet or on any website, delay or error in postal service or any damage to Entrants' or any other person's computer systems related to, or resulting from, participation in this Competition, or the downloading of, any materials as part thereof. IATA is not responsible for any incorrect or inaccurate information, either caused by any of the equipment or programming associated with, or utilized in, this Competition, or for any technical error, that may occur in the course of this Competition, including any omission, interruption, deletion, defect, delay in operation or transmission, failure of a communications line, telephone or mobile or satellite network, theft or destruction or unauthorized access to, or alteration of, entries. 28. If for any reason this Competition is not capable of running as planned, including but not limited to, due to infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures or any other causes beyond the control of IATA, which corrupt or affect the administration, security, fairness, integrity or proper conduct of the Competition, IATA reserves the right in its sole discretion, subject to any written directions given under applicable law, to disqualify any Entrant or individual who tampers with the entry process, and to cancel, terminate, modify or suspend the Competition. IATA reserves all rights to recover damages and/or other compensation as may be deemed appropriate from such an offender. 29. In the event of war, terrorism, a state of emergency, a disaster or force majeure, IATA reserves the right (subject to any written directions under applicable law) to cancel, terminate, modify or suspend the Competition. IATA may also refuse entry into the competition any individual or company subject to economic sanctions which would violate IATA s legal obligations. 30. This Competition is subject to all applicable local laws. 31. LIMITATION OF LIABILITY: IATA, ITS AFFILIATES, SUBSIDIARIES, ADVERTISING AND PROMOTIONAL AGENCIES, ANY INTERNET OR ONLINE ACCESS 6

7 PROVIDERS OR ANY OF THEIR EMPLOYEES, OFFICERS, DIRECTORS, SHAREHOLDERS AND AGENTS SHALL HAVE NO LIABILITY AND SHALL BE HELD HARMLESS BY ENTRANT FOR ANY DAMAGE, LOSS OR LIABILITY TO PERSON OR PROPERTY, DUE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, BY REASON OF ENTERING THE COMPETITION, THE ACCEPTANCE, POSSESSION, USE OR MISUSE OF ANY PRIZE, OR WHILE PREPARING FOR, OR PARTICIPATING IN ANY PRIZE-RELATED ACTIVITY. Any and all claims, judgments and awards shall be limited to actual out-of-pocket costs incurred, including costs associated with entering this Competition, but in no event, attorneys' fees. IATA and its promotion and advertising agencies are not responsible for technical, hardware, software or telephone failures of any kind, lost or unavailable network connections, fraud, incomplete, garbled or delayed computer transmissions, whether caused by IATA, users or by any of the equipment or programming associated with, or utilized in, the Competition, or by any technical or human error which may occur in the processing of submissions which may damage a user's system or limit a participant's ability to participate in the Competition. 32. This Competition will be governed by the laws of the State of New York. 7