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
The Participants are required to read carefully the present Terms and Conditions and the
Privacy Policy before submitting their proposal. By submitting their proposal, they are
assumed to unconditionally accept the Terms and Conditions and be bound by them. It is
also assumed that they agree to and accept the Privacy Policy and what it defines –together
with the present Terms and Conditions- regarding the collection and processing of their
personal data within the Program. All participants should be eligible to participate, qualify
for the Program and, upon submission of the proposal, indicate the contact person with the
Organizers.
The participation in the Program is only made by submitting the proposal along with the
required supporting material to the Program Website (WEBSITE) (see below in Phase A).
Only proposals submitted in Greek or English will be accepted; proposals submitted in other
languages will not be considered, with the exception of using international terms if required.
The proposal must be original, and it should be in its entirety the exclusive intellectual
property of the Team submitting it. (see below 6. Intellectual Property Rights – Guarantees).
The Participants in the Program have the full and exclusive responsibility of registering or
protecting their submitted proposals and the rights deriving therefrom. Each Participant is
only entitled to a single membership. Each submitted proposal should contain the original
written consent signed by each participant regarding the participation in the Program, the
submission of the proposal, the acceptance of the present Terms and Conditions and the
processing of their personal data.
In order to participate in the Program, all participants are required to accept the Terms and
Conditions of the Program. In addition, all the information provided to the Organizers must
be true, accurate, and correct, both in terms of their proposal and their personal data.
The Organizers have no responsibility to cross-check the data, and in case of a false
statement in particular, they can claim compensation for any damage they may suffer. Any
document or other material – part of the proposal submitted within the context of the
Program- will not be refunded in any case. Any cost of preparing the proposal submitted in
the Program (e.g. cost for an artwork, pilot testing) is borned solely by the Participants.
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 Program to be conducted it is necessary for the Organizers to collect and process a
series of data, including personal data concerning the Participants.
The data to be collected and processed are the following: name, contact details and the
short CV that each Participant will provide by completing the submission form for their
proposal (see earlier Phases of the Program).
In addition, to upload the files and submit the entry form, through the Website one should
be linked to a Google email account (Gmail). By uploading the files and submitting the entry
form, the name and photo associated with the Google email account are automatically
recorded. This data is collected and processed by Google as defined by the functionality of
this specific service and Google’s privacy policy. More information can be found at
https://policies.google.com/privacy?gl=EN&hl=en-GB
It is noted that none of the Organizers collects, stores or access this particular data, i.e. it
does not know the email address or access the photo associated with it. This information is
collected and processed by Google to achieve the submission of the participation form on
the Program’s Website through its services.
The data will be collected by the Athens Center for Entrepreneurship and Innovation of the
Athens University of Economics and Business, which manages the Website through which
the data is collected. ATHEX will gain access to the personal data of the Participants after
their collection by the Athens University of Economics and Business, following the dispatch
of a file containing the details of the Participants. ATHEX does not manage or access the
website/platform.
The collection and processing of the Participants’ personal data is strictly and exclusively
limited to the context defined by the execution of the Program, the need to communicate
with the Participants. The data are collected and processed for the conduct of the Program
and the communication with the Participants.
Only the data that is strictly necessary, adequate and appropriate for the implementation of
the Program is collected and the processing is governed by the principles of the General
Data Protection Regulation (Regulation 2016/679) and the applicable legislation, with an aim
to respect and protect the Participants’ privacy.
The Organizers will retain the Participant’s personal data in a form that permits
identification for as long as they maintain a continuous relationship with the Participants
(e.g. during all the phases of the Program) and the data are necessary for the
implementation of the Program, as well as for the duration of any applicable limitation
period (i.e. any period during which a person could bring a legal claim against them), and an
additional 2 months following the end of the applicable limitation period. In addition, if any
relevant legal claims are brought, they may continue to process Participants’ data for such
additional time necessary based on the process of the claims.
Throughout the collection, processing and storage of personal data, all necessary and
appropriate protection measures are in place. The submission of your participation form to
the Program through the Website will be made using Google’s special forms, which are a
Cloud service that is also used to store the data you submit with the form. Google commits
that the Cloud services it provides are in compliance with the General Data Protection
Regulation. More information about the steps Google takes to protect your data and its
compliance with the General Data Protection Regulation can be found at the following Links:
https://cloud.google.com/security/gdpr/
https://cloud.google.com/security/privacy/
https://cloud.google.com/terms/
https://cloud.google.com/terms/data-processing-terms/
If the Participants choose not to provide the requested personal data, this will affect their
ability to participate in the Program.
With respect to the Participants’ personal data and the rights provided by applicable law,
Participants may contact Hellenic Exchanges – Athens Stock Exchange SA at 210 3366800,
210 3366492 or at [email protected] and the Athens Center for
Entrepreneurship and Innovation of the Athens University of Economics and Business at 210
8203827 or at [email protected] Particularly, they can (i) request access to them (i.e. to know
what kind of data we have for them and obtain a copy thereof), (ii) request their rectification
(iii) request the deletion of their data, (iv) be informed about the processing of their
Personal Data and ask to cease the processing (v) withdraw their consent, in which case their
participation in the Program will be affected.
Detailed information on the collection and processing of the Participants’ personal data can
be found in the Program’s Website’s Privacy Policy.
If Participants in the Program have any question about possible violation of their privacy or
misuse of their personal data, they may file a complaint for Hellenic Exchanges – Athens
Stock Exchange SA at [email protected], for the Athens University of
Economics and Business at [email protected] We hope we can resolve any questions about
how we process your personal data. However, if there are unresolved issues, you can
address them to the Personal Data Protection Authority. For the Personal Data Protection
Authority’s jurisdiction and how to file a complaint, you can visit its website (www.dpa.gr –
My Rights – Submitting a Complaint), where detailed information is available.
The Participants declare that they agree to be recorded and / or sound-recorded and/or be
photographed and/or videotaped and/or embedded in any material (themselves, their
image and/or voice) and their business ideas, in any way by the Organizers during all phases
of the Program. They also give the Organizers the right to use, process, transmit, post,
publish and re-transmit the relevant material (photographs, audiovisual material etc.), as
well as to use and make public their full name through the Program website or through any
other website that belongs to the Organizers and/or by any other media, including social
media, without payment of any consideration for such use.
8. Committees
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.

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Athens, Greece - 2108203827
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