Acumen-Unilever Social Innovation Challenge on Plastics Terms and Conditions
Acumen will select up to five winning teams to receive seed funding of up to $25,000 per team. To be eligible for the funding, participants will need to be part of a team (at least 2 people) and submit a pitch deck (the final assignment in the incubator) which includes a budget for the seed funding and a workplan for 3 months inclusive of key milestones and dates. Submissions will open on March 19, 2019 and must be received no later than May 7, 2019 at 11:59 PST. Submissions must be received via the NovoEd platform.
Receipt of the funding is contingent upon completing Acumen’s technical assistance grant process and background checks and upon eligibility under local law. Funding will be awarded in tranches upon submission of mid-point and end-point reports. Acumen employees and immediate family are not eligible to receive funding. No purchase necessary. Void where prohibited.
Acumen’s panel of judges will be looking for solutions that demonstrate:
Understanding of the problem
Clarity of logic around the solution
The team’s unique ability to execute against the proposed solution
Proposed solutions will need to focus on solutions for plastic waste reduction in ways that engage or improve the lives of the poor in one of the following regions: Brazil, India and South Africa.
Submitted ideas for consideration can include for-profit business models, non-profit business models, or behavior change initiatives.
Solutions for effective post-consumer plastic waste collection will be prioritized.
Submissions will open on March 19, 2019 and must be received no later than May 7, 2019 at 11:59 PST
A public announcement of winners will be made by July, 2019 and can be obtained on Acumen’s website.
In the event that the operation, security, or administration of the Acumen-Unilever Social Innovation Challenge on Plastics (“the Challenge”) is impaired in any way for any reason, including, but not limited to fraud, virus, bug, worm, unauthorized human intervention or other technical problem, or in the event the Challenge is unable to run as planned for any other person, as determined by Acumen (“the Administrator”) in its sole discretion, the Administrator may, in its sole discretion, either (a) suspend the Challenge to address the impairment and then resume the Challenge in a manner that best conforms to the spirit of these Official Rules or (b) terminate the Challenge. The Administrator reserves the right in its sole discretion to disqualify any individual it finds to be tampering with the entry process or the operation of the Challenge or to be acting in violation of these Official Rules or in an unsportsmanlike or disruptive manner. Any attempt by any person to damage the website or undermine the legitimate operation of the Challenge may be a violation of criminal and civil law, and should such an attempt be made, the Administrator reserves the right to seek damages (including attorney’s fees) and any other remedies from any such person to the fullest extent permitted by law. Failure by the Administrator to enforce any provision of these Official Rules shall not constitute a waiver of that provision.
Release and Limitations of Liability
By participating in the Challenge, entrants agree to release and hold harmless the Administrator, and each of their respective parents, subsidiaries, affiliates, advertising and promotion agencies, other companies associated with the Challenge, and each of their respective officers, directors, employees, shareholders, representatives, and agents (the Released parties) from and against any claims or cause of action arising out of participation in the Challenge or receipt or use of the prize (including any travel or activity related thereto), including, but not limited to: (a) any technical errors associated with the Challenge. Including lost, interrupted or unavailable Internet Service Provider (ISP), network, server, wireless services provider, or other satellite, telephone, cellular tower or cable transmissions, lines, or technical failure or jumbled, scrambled, delayed or misdirected transmissions or computer hardware or software malfunction, failures or difficulties; (b) unauthorized human intervention in the Challenge; (c) mechanical, network, electronic, computer, human, printing or typographical errors; (d) any other errors or problems in connection with the Challenge, including without limitation, errors that may occur in the administration of the Challenge, the announcement of the winner, the cancellation or postponement of the event and/or the flyover, if applicable, or in part, from entrant's participation in the Challenge or acceptance, receipts or misuses of the prize (including any travel or activity related thereto). Entrant further agrees that in any cause of action, the Released parties liability will be limited to the cost or entering and participating in the Challenge and in no event shall the entrant be entitled to receive attorney’s fees. Released Parties are also not responsible for any incorrect or inaccurate information, whether caused by site users, tampering, hacking, or by any equipment or programming associated with or utilized in the Challenge. Entrant waives the rights to claims any damages whatsoever, including, but not limited to, punitive, consequential, direct or indirect damages.
You acknowledge that your participation in any aspect of this Challenge is voluntary. You accept full responsibility for your participation in this Challenge, and by virtue of your participation, you waive any claims that you may now or hereafter have against Acumen, its employees or its representatives in connection with the course activities.
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