1. Introduction

This document outlines the terms, conditions, and legal framework that govern the participation of startups in the Sparkbridge Incubator program. By applying to and/or participating in the program, startups agree to adhere to these terms.

2. Data Confidentiality and Protection

2.1. Data Security Commitment

Sparkbridge Incubator is committed to ensuring that all data shared by participants is kept secure and confidential. We employ industry-standard security measures to protect against unauthorized access, misuse, or disclosure of any information.

2.2. Non-Disclosure of Information

All information provided by participants, including but not limited to business strategies, financial data, and intellectual property, will remain confidential. Sparkbridge Incubator will not share, sell, or distribute participants’ data to any third parties without explicit written consent, except where required by law.

2.3. Data Usage Policy

Data shared with Sparkbridge Incubator will only be used for program-related purposes, such as evaluating applications, providing mentorship, and improving our services. Sparkbridge Incubator will not use the data for any purposes beyond the scope of the program without prior consent.

2.4. Data Retention and Deletion

All participant data will be retained only for the duration of the program and any legally required retention period. Once this period expires, the data will be securely deleted or anonymized.

3. Program Terms

3.1. Acceptance into the Program

• Startups will be selected based on an evaluation of their business model, team capability, market potential, and alignment with Sparkbridge’s mission.
• The decision of the selection committee is final and cannot be appealed.

3.2. Intellectual Property (IP)

• All intellectual property created by the participants prior to or during the program remains the sole property of the participants.
• Sparkbridge Incubator does not claim ownership of any intellectual property developed by participants.

4. Legal Disclosures and Liability

4.1. Representation and Warranty

By applying, participants represent and warrant that:
• All submitted information is accurate and complete to the best of their knowledge.
• Participation in the program does not violate any existing agreements or legal obligations.

4.2. Limitation of Liability

• Sparkbridge Incubator is not liable for any direct, indirect, or consequential losses incurred by participants as part of the program.
• Participants assume full responsibility for their decisions and actions during and after the program.

4.3. Legal Compliance

Sparkbridge Incubator will comply with all applicable laws and regulations regarding data protection and privacy. Participants’ data will not be shared with government entities unless required by law or legal proceedings.

5. Miscellaneous

5.1. Amendments

Sparkbridge Incubator reserves the right to amend this document as needed. Participants will be notified of any material changes to the terms.

5.2. Governing Law

This document is governed by the laws of the Province of British Columbia. Any disputes shall be resolved exclusively in the courts of Vancouver, British Columbia.

Acknowledgment and Agreement

By participating in the Sparkbridge Incubator program, participants agree to the terms outlined in this document.