List of Legal Policies

These Terms of Use (these “Terms”) pertain to the Entrepreneurship World Cup (the “EWC”) offered by the Global Entrepreneurship Network, Incorporated (“GEN” or “Company” or “We” or “Us”). Please read these Terms of Use carefully. These Terms of Use set forth the legally binding terms and conditions that govern your participation in the Entrepreneurship World Cup. By submitting an application to participate in the EWC, you agree to and are accepting these Terms of Use. If you submit an EWC application on behalf of an entity, company, or other organization (“Organization”), you agree that these Terms of Use also bind the Organization and in such an event “You” also means the Organization. You represent and warrant that you have the right, authority, and capacity to enter into these Terms of Use (on behalf of yourself or the entity that you represent). You may not submit an EWC application or participate in the EWC or accept the Terms if you are not at least 18 years old. If you do not agree with all of the provisions of these Terms, do not submit an application to participate in the EWC.
These Terms require the use of arbitration (Section XV) on an individual basis to resolve disputes, rather than jury trials or class actions, and also limit the remedies available to you in the event of a dispute.

Global Organizers

The Entrepreneurship World Cup is hosted globally by the Global Entrepreneurship Network, Inc. and Monsha’at.

National Partners

There may be multiple partners supporting the Entrepreneurship World Cup in any given country. All partners are encouraged to promote EWC to as large an audience of entrepreneurs as possible.

EWC Flagship Events

Global Organizers may lead EWC Competitions at special Flagship Events where EWC Global Pool contestants and/or Global Finalists may be selected. If any, this calendar of events will be available on the official website: EWC .

Global Finalists

Criteria for Number of EWC Group Stage Contestant Slots per Country: The number of applicants that advance beyond the first round will vary from country to country and is determined by the following:

• Number of applications

• Population

• Maturity of ecosystem

• Whether countries achieved the minimum pool of applicants per category

All applicants selected as Global Finalists must successfully complete the submission requirements in order to qualify for the Global Finals.

Principle of Confidentiality

The Global Organizers – Monsha’at and the Global Entrepreneurship Network – along with Mentors, Judges, and any other person involved in the Entrepreneurship World Cup will maintain faithful enforcement of the Principles of Confidentiality of the projects presented by the teams for EWC in accordance with the Rules and Terms + Conditions. All information submitted by the Applicants is considered confidential. Applicants will be asked to provide a brief company description, pitch deck, logos, profile pictures and/or other material that will be made available to the public through the EWC official channels, Organizers’ websites and social media channels. Websites listed by Applicants will be considered public information. During all related competitions, pitch decks will be reviewed by the judges who have previously agreed to maintain confidentiality of the information presented.

Data

The Global Organizers strive to maintain accurate and current data, but because of the methods in which data is received and derived, we cannot guarantee accuracy and completeness of the content.

Tax and Legal Considerations

The cash prizes awarded may have legal or tax implications for the Applicant’s domestic tax status in their country. Taxes will be entirely the responsibility of the winners. The Organizers hold no responsibility with these or any related tax or legal obligations of the winners.

Converting Live Global Finals to Virtual

Due to the COVID-19 pandemic and/or other acts of nature, to ensure the EWC global community’s safety, the EWC Global Finals and all related events may be organized virtually at the Organizers’ sole discretion.

Cancellation of the EWC

The Global Entrepreneurship Network may, in its sole and absolute discretion, cancel the Entrepreneurship World Cup at any time and immediately terminate the competition without cause. In the event the competition is cancelled, competitors shall have no claim for damages against the Global Entrepreneurship Network, Monsha’at, national organizers, or third-party vendors.

Indemnification

You agree to indemnify and hold us, our subsidiaries, and affiliates, and their respective officers, agents, partners and employees, harmless from any loss, liability, cost, expense, claim, or demand, including without limitation, reasonable attorneys’ fees, due or relating to or arising out of your participation in the EWC, use of the submission website or other services and/or arising from a breach of the Terms and/or any breach of your representations and warranties set forth in the Terms and/or arising out of or relating to any content that you post.

Disclaimer of Warranty; Limitation of Liability

You expressly agree that your participation in the EWC, use of the application website and the other services is at your sole risk. Neither we, our affiliates nor any of our respective employees, agents, third party content providers or licensors warrant that the EWC, website or other services will be uninterrupted or error free; nor do we make any warranty as to the results that may be obtained from the EWC, use of the website or other services, or as to the accuracy or reliability of any information, service or merchandise provided through the website or other services. The EWC, website and other services are provided on an “as is” basis without warranties of any kind, either express or implied, including, but not limited to, warranties of title or implied warranties of merchantability or fitness for a particular purpose, other than those warranties which are implied by and incapable of exclusion, restriction or modification under applicable law. Additionally, there are no warranties as to the results obtained from the EWC, use of the website or other services. This disclaimer of liability applies to any damages or injury caused by any failure of performance, error, omission, inaccuracy, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, alteration of, or use of the EWC, the website, whether for breach of contract, tortious behavior (including strict liability), negligence, or under any other cause of action. You specifically acknowledge that neither we nor our suppliers can be held liable for the defamatory, offensive or illegal conduct of other users or third-parties and that the risk of injury from the foregoing rests entirely with you. In no event will we, our suppliers or any person or entity involved in creating, producing or distributing the EWC, website or the content included therein, be liable in contract, in tort (including for its own negligence) or under any other legal theory (including strict liability) for any damages, including, without limitation, direct, indirect, incidental, special, punitive, consequential or similar damages, including, without limitation, lost profits or revenues, loss of use or similar economic loss, arising out of the use of or inability to use the site. You hereby acknowledge that the provisions of this section shall apply to all use of and content of the EWC, the website and other services. Applicable law may not allow the limitation or exclusion of liability or incidental or consequential damages, so the above limitation or exclusion may not apply to you. In no event shall our total liability to you for all damages, losses and causes of action whether in contract, tort (including its own negligence) or under any other legal theory (including strict liability) exceed US $500.

Entire Terms

These Terms constitute the entire agreement between you and us regarding the EWC, use of the website and other services. Our failure to exercise or enforce any right or provision of these Terms shall not operate as a waiver of such right or provision. The section titles in these Terms are for convenience only and have no legal or contractual effect. The word “including” means “including without limitation”. If any provision of these Terms is, for any reason, held to be invalid or unenforceable, the other provisions of these Terms will be unimpaired and the invalid or unenforceable provision will be deemed modified so that it is valid and enforceable to the maximum extent permitted by law. Your relationship to us is that of an independent contractor, and neither party is an agent or partner of the other. These Terms, and your rights and obligations herein, may not be assigned, subcontracted, delegated, or otherwise transferred by you without our prior written consent, and any attempted assignment, subcontract, delegation, or transfer in violation of the foregoing will be null and void. We may freely assign these Terms. The terms and conditions set forth in these Terms shall be binding upon assignees.

Changes

These Terms are subject to occasional revision, and we may at our sole discretion post notice of such change on our website. These changes will be effective immediately. Continued participation in the EWC shall indicate your acknowledgement of such changes and agreement to be bound by the terms and conditions of such changes.

Dispute Resolution

Please read this Arbitration Agreement carefully. It is part of your contract with us and affects your rights. It contains procedures for MANDATORY BINDING ARBITRATION AND A CLASS ACTION WAIVER.

Arbitration

Any and all disputes arising under this Agreement shall be subject to mandatory and binding arbitration. Said arbitration shall take place in the Commonwealth of Virginia, USA. Neither party shall have any right to bring an action relating to this Agreement in a court of law, except insofar as to either enforce or appeal the results of any such arbitration. In any such arbitration, and subsequent court action, the prevailing party shall be entitled to collect its fees and costs associated therewith from the non-prevailing party.

Governing Law

This Agreement shall be governed by the laws of the Commonwealth of Virginia, USA, without giving effect to conflict of law provisions thereof. All questions with respect to the construction of this Agreement or the rights and liabilities of the parties hereunder shall be determined in accordance with the laws of the Commonwealth of Virginia, USA.

Jurisdiction

All disputes arising out of or relating to this Agreement will be subject to the exclusive jurisdiction and venue of the courts located in the Commonwealth of Virginia, USA, and the federal courts located in the Commonwealth of Virginia, USA. Any legal action taken or to be taken by either party regarding this Agreement or the rights and liabilities of parties hereunder shall be brought only before a federal, state or local court of competent jurisdiction located within the Commonwealth of Virginia, USA. Each Party hereby submits to the jurisdiction of the aforesaid courts and waives any right to challenge or otherwise object to personal jurisdiction or venue, including any forum non conveniens challenge, in connection with any action commenced or maintained in the aforesaid courts. Each party hereto irrevocably and unconditionally waives the right to a trial by jury in any action, suit, or proceeding relating to a dispute arising out of or relating to this agreement and for any counterclaim with respect thereto.

Equitable Relief

Each Party hereto agrees that any violation or threatened violation of this Agreement may cause irreparable material injury to the other Party not compensable in money damages and that, in the event of any breach of this Agreement, in addition to all other applicable remedies, each Party shall be entitled to seek equitable relief (including a temporary restraining order and injunctive relief), without being required to prove damages or furnish any bond or other security, and that other Party will not oppose the granting of such relief or seek any bond or other security.

Waiver of Jury Trial

The parties hereby waive their constitutional and statutory rights to go to court and have a trial in front of a judge or a jury, instead electing that all claims and disputes shall be resolved by arbitration under this arbitration agreement. Arbitration procedures are typically more limited, more efficient and less costly than rules applicable in a court and are subject to very limited review by a court. In the event any litigation should arise between you and the company in any state or federal court in a suit to vacate or enforce an arbitration award or otherwise, you and the company waive all rights to a jury trial, instead electing that the dispute be resolved by a judge.

Waiver of Class or Consolidated Actions

All claims and disputes within the scope of this arbitration agreement must be arbitrated or litigated on an individual basis and not on a class basis, and claims of more than one customer or user cannot be arbitrated or litigated jointly or consolidated with those of any other customer or user.