Batch Accelerator
Terms and Conditions

Batch Accelerator Terms and Conditions

1. Introduction

The Batch Accelerator Program ("Program") is designed to support and accelerate the growth of seed-stage startups. By applying to and participating in the Program, applicants ("Participants") agree to the following terms and conditions.

2. Eligibility

  1. Applicants must be the original creators of the submitted startup idea or business.

  2. Participants must be legally registered entities or individuals aged 18 or older.

  3. Employees, partners, and affiliates of the Batch Accelerator, as well as their immediate family members, are not eligible to participate.

3. Application Process

  1. All applications must be submitted through the official application form.

  2. Participants must provide accurate and complete information during the application process.

  3. The Batch Accelerator reserves the right to verify the information provided and disqualify any Participant who provides false or misleading information.

  4. By applying to the Batch Accelerator, you have read, understood and agree to these terms and conditions.

4. Selection Process

  1. Selection of Participants will be based on the evaluation of the application form and any additional materials submitted.

  2. The Batch Accelerator's selection committee will review applications and select Participants at its sole discretion.

  3. Selected Participants will be notified via email and must confirm their participation within the specified timeframe.

5. Intellectual Property (IP)

  1. All IP rights related to the startup idea or business submitted by Participants remain the sole property of the Participants.

  2. The Batch Accelerator does not claim any ownership or rights over the IP of Participants.

  3. Participants are responsible for protecting their IP rights and ensuring they have the necessary rights to use any third-party IP included in their submissions.

6. No Equity Taken

  1. The Batch Accelerator does not take any equity or ownership stake in the Participants' startups.

  2. Participation in the Program is provided without any requirement to transfer equity to the Batch Accelerator.

7. Confidentiality

  1. The Batch Accelerator will take reasonable measures to protect the confidentiality of all submitted materials.

  2. Participants acknowledge that their submissions may be shared with the Batch Accelerator's selection committee, mentors, and partners for evaluation purposes.

8. Program Participation

  1. Selected Participants agree to actively engage in the Program's activities, including workshops, mentorship sessions, and presentations.

  2. Participants must comply with the Program schedule and any additional requirements set forth by the Batch Accelerator.

9. Liability

  1. The Batch Accelerator is not responsible for any loss, damage, or harm resulting from participation in the Program.

  2. Participants agree to release and hold harmless the Batch Accelerator, The Brave Venture, and its affiliates from any claims arising out of their participation.

10. Termination

  1. The Brave Venture and Batch Accelerator reserves the right to terminate a Participant's involvement in the Program at any time for any reason, including but not limited to violation of these terms and conditions.

  2. Participants may withdraw from the Program at any time by providing written notice to the Batch Accelerator.

11. Amendments

  1. The Batch Accelerator reserves the right to amend these terms and conditions at any time.

  2. Participants will be notified of any changes and continued participation in the Program will constitute acceptance of the amended terms.

12. Governing Law

  1. These terms and conditions are governed by the laws of New Zealand.

  2. Any disputes arising out of or in connection with these terms and conditions will be subject to the exclusive jurisdiction of the courts of New Zealand.