Terms and Conditions of Participation
Terms and Conditions of Participation in the Program
1. Hellenic Exchanges – Athens Stock Exchange SA, a company based in Athens, Attica (110 Leoforos Athinon), hereafter referred to as “ATHEX”, in collaboration with the Athens University of Economics and Business (Athens Center for Entrepreneurship and Innovation), based in Athens, Attica (46 Kefallinias Str.), hereafter referred to as “Organizers”, take the initiative to organize a joint action to encourage participation in the development of innovative proposals in the following areas: o Big data analytics o Artificial intelligence applications o Blockchain applications o Software engineering tools/ low code automation o Cloud computing o Applied Mathematical models o Intelligence-driven Decision making o HPC – High performance computing hereafter referred to as “Program”. The purpose of these terms is to define the Terms and Conditions for the Participants to the Program (hereafter referred to as “Participants”) within the context of the Program. The terms are also available on the website of the Program: (WEBSITE) (hereafter referred to as “Program Website”).
2. Eligibility of Participation
Anyone who is over 18 years old is eligible to participate in the Program. The employees of the Organizers, their first-degree relatives and their spouses are excluded from participation.
3. Participation Requirements
4. Phases of the Program – List of Submissions
The total duration of the Program is from October 2020 to January 2021. The Program consists of two (2) Phases. The list of submission will take place at the end of each Phase of the Program.
Phase A: Submission: In the period (November 2020), the participants submit proposal that they intend to develop within the context of the Program in the Program Website. In order to be considered complete and to be assessed, the submitted proposal should be completed based on the template available on the Program Website with the following sections: XXX The announcement of the results of Phase A will take place on the 5 th of December 2020.
Phase B – Participation in the “Innovation Days”: Phase B of the Program covers the period from December 2020 to January 2021. Participants will have the opportunity to attend a series of seminars, workshops and trainings by experts, to work with executives (as mentors) of the financial ecosystem and to receive feedback to develop their proposal. The announcement and the invitation to those who will participate in the Digital Innovation Center of the ATHEX (Phase C) will take place in January 2021. The exact dates for each Phase will be announced in the Program Website. The Organizers reserve the right to change these dates in order to better serve the needs of the Program.
5. News, Updates and Announcement
Throughout the Program, information, news and updates will be provided through the Website of the Program. News and updates will be communicated to the participants via email. The Organizers will not announce the identity of the evaluating committee, nor the grades and ranking of the submitted proposals.
6. Intellectual Property Rights – Guarantees
The Participants declare and warrant that the submitted proposal to the Program is original and is lawfully submitted in accordance with the Program’s Terms and Conditions. The Participants bear sole and full responsibility towards the Organizers and any third party for their submitted proposal and the accuracy of the information they claim. The Participants declare and guarantee that they are the exclusive owners of all intellectual property rights on the ideas that they submit in order to participate in the Program, that the entire material they submit and produce during all the phases of the Program are original, and do not infringe third party rights, including intellectual property and personality rights, morality and public order, and do not contain third party information (e.g., indicatively texts, images, people, trademarks, trade secrets, distinctive signs). In the event of a claim by a third party against the Organizers for any kind of infringement related to the submitted or produced material, the Participants shall be solely responsible and must undertake any litigation relating thereto and shall exempt the Organizers from any liability for damages including costs and expenses of any nature. By participating in the Program all Participants agree for the Organizers to make public and present to the public their business ideas submitted and any other material/work produced within and for the purposes of the Program. The Organizers are entitled, at their discretion, to cancel entries/participations that are in any way contrary to the present Terms and Conditions, including, but not limited to, participations with content that is illegal, pornographic, violent, misleading, threatening, abusive, defamatory, racist or vulgar or otherwise in violation of the current legislation, including intellectual and industrial property law, morality, right to personality and public order.
7. Participants’ Personal Data
For the smooth running of the Program, the following committees will operate:
Organizing Committee: It consists of senior executives of the Organizers. The Committee’s responsibilities are the design and implementation of the Program, as well as the organization of relevant events and promotion activities. It is also responsible for any matter related to the Program and not foreseen in these Terms and Conditions.
Scientific Committee: It consists of executives of the Organizers. The Committee’s responsibilities are to provide advice and evaluation of the proposals in the Program during the two phases of the Program.
9. Announcements / Cancellation of the Program / Modification of Terms / Responsibility
Any announcement regarding the Program, as well as any other matter related to the organisation of the Program, is posted exclusively on the Program Website and is valid from the date of its posting on this Website. In case of a conflict, the announcement on the Program Website takes precedence over any other information provided by the Organizers to the Participants. The Organizers reserve the right, unilaterally, without notice and at their discretion, to modify, revoke, extend or reduce the duration of the Program, as well as to change these terms and/or to cancel the Program by announcing it on the Program Website. In such case the Organizers have no responsibility to the Participants and/or any third party. In case that the Program is canceled, the Participants do not acquire any right against the Organizers, nor are they entitled to, or have the right to request its continuation or any compensation. In any case, the Organizers shall not be held liable for any direct or indirect damages, costs and expenses that may arise from any interruption, malfunction or delay or any other cause related to the Program or its cancellation.
10. Terms Acceptance
The participation in the Program requires and implies the unconditional acceptance of all of the present Terms and Conditions, even if modified in the future, as defined above.
11. Information – Complaints
For any information or complaint about the Program, any Participant or third party may contact the Athens Center for Entrepreneurship and Innovation of the Athens University of Economics and Business at 210 8203827 and at [email protected] 12. Dispute Settlement – Applicable Law In case of a dispute, conflict or challenge by a Participant in the Program regarding the interpretation or proper implementation of a term of the Program, the Participant will address the issue -prior to any judicial action- to a three-member committee consisting of representatives of the Organizers, which will endeavor to reach a compromise, via an amicable settlement of the dispute. Any dispute or conflict that has not been resolved amicably in the above process and derives from or relates to these Terms will be resolved exclusively by the courts of Athens (excluding any other jurisdiction, even concurring one) in accordance to Greek law.