JoPACC (hereafter the “Client”) in its capacity as administrator of the <event name> is running an innovation program, hackathon and competition (hereafter called the “Event”) in collaboration with TESOBE GmbH / The Open Bank Project (the “Organiser”).
The aim of the Event is to facilitate the rapid creation of innovative “FinTech” and Banking related applications that address one or more of the challenges to be provided at or prior to the commencement of the Event.
The Event is a free, collaborative brainstorming, designing and coding event. Neither Client, nor the Organiser have any obligation to use the applications or ideas created at the Event or to buy or otherwise contract with the participants.
Participants may receive mentoring and pitch training during the Event on an ad hoc basis. Teams may be formed during or prior to the Event.
The Event should be considered public. News and media of the Event, participants, teams and applications created may be circulated on social media and in the press.
Participants must be 18 years or over to attend. Proof of date of birth or permission to attend may be requested.
Client and the Organiser reserve the right to refuse entry, or remove and disqualify a participant from the Event at their sole discretion at any time for any reason. Client reserves the right, in its sole discretion, to cancel, terminate, modify or suspend the Event at any time for any reason.
To take part in the Event you must register on a website set by the Organiser. Registration is confirmation that you have read, understood and accepted these Terms and Conditions.
Client and the Organiser are not responsible for registrations that are late, not received, incomplete or contain incorrect or inaccurate details.
The number of participants is limited and Client may close registration at any time.
Unless otherwise stated by Client, participants are responsible for all costs associated with their attendance at the Event including but not limited to transport and accommodation.
The Organiser collect information you provide when you register to take part in the Event. The most common personal information collected is your email address and your name. This will help the Organiser to run the Event smoothly and to reach out to participants as required. The Organiser may reach out to participants and send information about possible job opportunities. You can correct, modify or delete your personal data at any time by sending an email to mydata@tesobe.com. Organiser may share data with the Client or its subcontractors. Organiser will not sell your data to any third party.
For more info please refer to the Privacy Policy here https://www.openbankproject.com/privacy-policy/
Participation in the Event is free and no entry fee will be payable to participate in the event.
All participants will bear any costs they incur as a result of their participation in the Event, including but not limited to any travel, food, or accommodation costs. Client and the Organiser will not pay any compensation or payment in respect of these costs.
Each participant represents and warrants that (except to the extent otherwise agreed with their employer or other third party and notified to Client and the Organiser) they are entering the Event as an individual in their personal capacity and not as a representative of their employer or any other entity.
Participants will compete in teams of no more than <insert number> members. Teams may be formed prior to the Event or after the Event commences.
Each participant must be present onsite as an active member of their team during the Event, including by way of contributing skills, ideas or information relevant to their team’s Submission. Persons not present during the Event will not be considered participants and will not be eligible for any prize.
As part of the Event, Client will make various data sets (“Event Data”) available to the participants via an internet platform supplied by the Organiser. Participants may use Event data only during the event. During the event, participants may use, reproduce and modify the Event Data as part of, or in the development of their Submission in the Event and not for any other purpose. Participants may not export the Event Data from the platform on which it is provided, and may not modify or use the Event Data in a manner that prevents another participant from using the Event Data in its own Submission.
The Event will run from <INSERT DATE & TIME>. Each participant team must prepare and develop its Submission during the Event and provide its Submission to the judges before the deadline specified by Client and the Organiser to be eligible for prizes.
Each team of participants must produce a Submission to respond to either one of the following “Challenges”:
Client and the Organiser will appoint a panel of judges to determine, in their discretion, the Submission that best responds to one of the challenges above.
In addition to prizes for the Challenges, Client and the Organiser will also award prizes to teams that meet “bounties” set by Client and the Organiser. Those prizes will be defined later on.
More information on the Challenges, the judging criteria and bounties will be provided at the commencement of the Event.
Each team will have a maximum of three minutes to present and demonstrate their App in front of the judges and audience. Judges will be asked to evaluate pitches based on but not limited to:
Each category will be judged independently for each team.
The exact weight of each item will be announced at a later date
The team with the Submission that best meets one of the Challenges, as determined by the judges, will be rewarded with prizes as will be announced at a later date
Cash Prizes shall be granted through bank transfer or nominative cheque for each team member equally and as deemed necessary JoPACC.
More information on the prizes available for meeting bounties will be provided at the commencement of the Event.
The decision of the judges selected by Client is final in relation to any prizes that may be awarded for a participant’s Submission in the Event. No decision by the judges will be subject to any correspondence, discussion, appeal or review.
Each participant represents and warrants that:
Each participant grants to Client and the Organiser a perpetual, non-exclusive, irrevocable, royalty-free license to use, reproduce, or modify any Participant Material, or permit a third party to do any of those things, solely for the purpose of running, promoting, and reporting on the Event at any time in the future, including for the purpose of promoting future events. This licence does NOT include any right to commercialise any Submission.
Client may grant to each participant a licence to use the name, trade marks, logos or other indicia (“Branding”) for the duration and purposes of the Event. To the extent that Client grants such a licence to any participant:
Any third party intellectual property rights or third-party data used by participants in their entry must be clearly identified by the participants as well as the applicable terms of license and other details relating to use of same.
Each participant agrees that their name, image or likeness, as well as any photographs, video and description of their entries, may be used by Client and the Organiser on their respective websites, in promotional material and in any publicity accompanying or resulting from the Event including but not limited to any press, blogs or articles on social media and any promotion of future similar events run by Client or the Organiser.
Each participant agrees that they will not make any claim (including but not limited to all actions, demands, suits, sums of money, proceedings, liabilities, damages and costs) or take any action against Client or any of its members, the entities that provided the Event Data or the Organiser (including each of their partners, associated entities, subsidiaries, directors, officers, employees, sponsors and agents), or hold any one of them responsible, arising directly or indirectly from the participant’s participation in the Event, except in relation to a breach of these Terms and Conditions by one of the persons mentioned in this clause 5.1 above or by their negligence where that breach or negligence results in personal injury.
These terms and conditions shall be governed by the laws of <Client’s headquarters> and subject to the non-exclusive jurisdiction of the courts of <Client’s headquarters>.
Capitalised terms used in these Terms and Conditions have the following meaning unless otherwise identified:
Personal Data has the meaning given in Clause 2.3.
Challenge means either of the challenges identified in clause 3.8(a), 3.8(b)….
Event Data has the meaning given in clause 3.6.
Intellectual Property Rights means all intellectual property rights including current and future registered and unregistered rights in respect of copyright, designs, circuit layouts, trade marks, trade secrets, know-how, confidential information, patents, invention and discoveries and all other intellectual property as defined in article 2 of the convention establishing the World Intellectual Property Organisation 1967.
Participant Material means the contributions, including ideas or skills, owned by or licensed to a participant and provided or communicated during the course of the Event.
Submission means the product, prototype, or other material submitted by a participant’s team during the Event.