Wray Forward
Pitch Night

Competition Rules

These are the terms and conditions (“Rules”) that apply to the Wray Forward Pitch Night Competition (“Competition”). By entering, each participant agrees to these Rules and confirms they have read and understood our Privacy Notice at https://www.foundervine.com/privacy and our Foundervine Programme Terms and Conditions https://www.foundervine.com/participant-terms-and-conditions.

In particular please see the “Publicity Rights” section, which explains the publicity rights that you grant to us, and the “Liability” section, which explains how we limit our liability to you.

Promoter and Supplier: Foundervine a Community Interest Company registered in the United Kingdom (company no. 11173778) with its registered office address at Foundervine CIC, 3rd Floor, 207 Regent Street, London, W1B 3HH, UK (“Promoter”). Postal correspondence must be sent to Glen Grant Limited t/a Campari UK a company registered in the United Kingdom (company no. SC292101) with its registered office address at Glen Grant Distillery, Rothes, Morayshire, AB38 7BS) (“Supplier”) will be fulfilling the Prize. The Promoter and the Supplier shall be referred to as the “Promotion Entities".
Entry period: The Competition opens for entry on 08 April 2024 and closes for entry on 02 May 2024 (“Entry Period”).
Eligibility: To participate in this Competition, all participants must, at the time of entry, be: (i) a Wray Forward Participant (ii) at least 25 years of age; (iii) be a founder of a Growth/Scale Business with a business account; and (iv) be a UK resident. For the purposes of these Rules, a Wray Forward Participant shall be any person that submits their details in connection to the Wray Forward programme and a Growth/Scale Business shall be a business that has been running for at least 18 months, generating revenue and has at least 1 team member. The Competition is not open to the following:
1. employees and contractors of the Promotion Entities or any promotion administrator or, their families and households
2. anyone else professionally involved or associated with the Promotion
3. Businesses with products that have a particular appeal to under 18s,
4. Any business that the Promotion Entities reasonably believe may be detrimental or prejudicial to or to affect adversely the name, image, reputation or business of the Promotion Entities or any of its products; or bring the Promotion Entities or any of its products into disrepute.
5. Any businesses that have products which have health or medicinal claims.
  
  Promoter reserves the right at any time to require proof of eligibility in such form as Promoter reasonably considers necessary.
Limits on entry: A limit of one (1) entry per person applies to this Competition. Multiple entries will be rejected. Promoter reserves the right to disqualify any person who enters more than once.
How the Competition works: There are 3 stages in this Competition:
1. Application Stage: The first stage is a qualifying stage, during which eligible participants apply online for one of up to 6 places to present at the Pitch Night.
2. Video Stage: The second stage consists of a video submission, during which successful participants from the previous stage shall submit a video answering a series of questions relating to their business.
3. Pitch Stage: The second and final stage during which qualified participants shall pitch their ventures to a panel of judges.
Participation in the Application Stage:
1. How to enter: Eligible participants must fill out the online form and submit a pitch deck by 13 May 2024.
  
  Pitch Deck Requirements: Participants must prepare a 6-slide pitch deck answering a series of questions to be judged on. This includes an introduction, outline of the problem, the gap in the market they are addressing, target audience, revenue model, team size and what the funding would be used for.
2. Judging Criteria: Participants will be judged by a panel of experts that will include at least one (1) independent judge. The judging panel shall decide which participants will go through to the video submission stage. The decisions of the judges are final. Individual scores will not be disclosed to participants.
3. Notification: All successful participants will be notified by email no more than 14 days after the end of the Entry Period. Promoter will make reasonable efforts to contact the successful participants, but it is each participant’s responsibility to monitor their email account (including any junk mail folders) for receipt of the notification.
Participation in the Video Submission Stage:
1. Video Submission requirements: Participants who succeed to the second stage must submit a 2 minute and 30 second video answering a series of questions relating to their business, including: their target audience, competitors, team make up and what the funding will be used for.
2. Judging Criteria: Participants will be judged by a panel of experts that will include at least one (1) independent judge. The judging panel shall decide which participants will go through to the Pitch Nights. The decisions of the judges are final. Individual scores will not be disclosed to participants.
Notification: All successful participants will be notified by email no more than 14 days after the end of the Entry Period. Promoter will make reasonable efforts to contact the successful participants, but it is each participant’s responsibility to monitor their email account (including any junk mail folders) for receipt of the notification.
Participation in the Pitch Night:
1. Location and timing: 6pm – 9pm, finalists shall be notified by email of the location of the pitch night.
2. Pitch Night format: There will be 6 finalists who will pitch on the night. 5 minutes pitching time per pitcher: 3-minute pitch + 2-minute Q&A with judges. Audience members will then vote using the Mentimeter app after each pitch.
3. Judging process: Finalists will be judged against the following criteria out of 5: Problem and solution, team, scaling and future goals, presentation and communication.
4. Winner selection and ties: Judges will determine 1st place and 2nd place while 3rd place will be determined by the audience via voting on mobile app as ‘People’s Choice Awards’.
5. Publicity: Each participant acknowledges that the Pitch Night will be photographed and filmed and that photographs, video footage and other material featuring and/or referring to the participants may be used as described in the “Publicity Rights” section below.
6. Unforeseen events/circumstances: If something beyond Promoter’s control occurs, which in Promoter’s absolute discretion makes it unsafe, unlawful, impossible or unfair for participants to continue, Promoter shall be entitled to discontinue and stop the Pitch Night and continue it at another time or day in its sole discretion.
Travel arrangements and costs of attending the Pitch Night: Participants are solely responsible for ensuring that they are able to attend the Pitch Night. No alternative dates are available.
Pitch Night Prize: Each Winner of the Pitch Night will receive a grant. 1st Place shall receive a grant of £3000, 2nd place shall receive a grant of £1500 and 3rd place shall receive a grant of £500. This grant is subject to any local law deductions for taxes and the Winners shall be responsible for paying such local law taxes required by law. The grant will be paid by bank transfer to a bank account (in the Winner’s business name) within 44 days of signing the grant agreement.
Prize conditions: The following conditions apply to the Prizes:
1. The grant is subject to the terms and conditions in the grant agreement and shall only be given after the Winners have agreed to and signed a grant agreement.
2. The grant is subject to subject to the Winners passing the verification checks.
  
  Foundervine shall keep in contact with and check in with the Winners at specified periodic intervals on the progress of their business and the impact of the grant money on their business. A reporting form shall be issued which the Winners will be required to fill within 21 days of receipt.
Prize claims: Winners must claim their prizes by providing any information requested by Promoter within 14 days of the request. This information will include the winner’s email address. Winners are solely responsible for providing the correct information to Promoter and should therefore check all information provided carefully. If amendments are required as a result of a Winner’s error, the Winner is responsible for any administrative costs incurred and Promoter is not responsible for errors made by any Winner.
Forfeiture and selection of alternative winners: Failure to claim a prize within the deadline stated above (whether by failing to respond at all or by providing incomplete or incorrect information) may result in the prize being forfeited and awarded to an alternative winner, who will be the next highest-scoring participant. Alternative winners will be notified as set out above and must claim their prize in accordance with the process and deadlines set out above.
Publicity rights:
1. Each participant acknowledges that photographs and live video will be captured by or on behalf of Promoter at the Pitch Night (“Event Content”) and that such Event Content may feature the participant’s individual participation. All rights in and to any Event Content shall belong to the Promotion Entities.
2. In consideration of the opportunity to participate at the Pitch Night, each participant grants to the Promotion Entities and their group companies, affiliates, agents and designees (and each of their successors and assigns) (collectively, the “Licensed Parties”) the right to use, and sub-license other to use: (i) Event Content featuring the participant’s image, likeness, voice, statements and performance (“Contribution”); and (ii) the participant’s name and any relevant biographical information; for advertising, marketing, promotional, public relations and any other lawful purposes relating to the Competition, in any and all media worldwide, for a period unlimited in time and without further approval, consent or payment.
3. Each participant agrees that their Contribution may be combined with text, music, sound, graphics and other content, and cut, altered, modified, cropped, edited or dubbed into another language without notice.
4. Each participant irrevocably and unconditionally waives (and agrees not to assert or enforce), in favour of the Licensed Parties, all moral rights, performers’ rights and similar rights they may have in relation to their Contribution arising under the laws of any applicable jurisdiction.
5. For the avoidance of doubt, each participant agrees that, in the event of a win, Promoter shall be entitled (but not obliged) to announce the winner’s name, prize and details of their business on Promotion Entities’ websites, social media and other channels.
6. The participant may also be asked (without further obligation or reward) to take part in reasonable publicity connected with the Competition.
Liability:
1. Nothing in these Rules limits or excludes any person’s liability for death or personal injury caused by negligence, for fraud or for any matter for which liability cannot be lawfully limited or excluded.
2. Subject to section 13.1 above, by entering the Competition, each participant (on their own behalf and on behalf of their executors, administrators, heirs, next of kin, successors and assigns) hereby releases and forever discharges, and agrees not to threaten or pursue any claim against, the Promotion Entities and its group companies, affiliates, agents and designees and any entity associated with administering the Competition (and each of their successors and assigns) (collectively, the “Released Parties”) from and against:
  - any and all liability arising from the participant’s death, disability, personal injury or actions of any kind which may occur during or in connection with the Competition (except to the extent caused by the negligence of the Released Parties); and
  - any other loss or damage the participant may suffer or incur as a result of the participant’s participation in the Competition and/or acceptance, possession, use or misuse of a prize (or any part).
  - In particular, subject to section 13.1 above, the Released Parties will not be liable for:
  - any loss or damage caused by a third party who is not acting on behalf of or under the direct instructions of the Released Parties;
  - any loss or damage occurring as a result of the winner taking up and using any third-party product or service forming part of a prize (except where caused by the negligence of the Released Parties);
  - any loss or damage caused by any event or circumstance beyond the reasonable control of the Released Parties; and
  - any loss of profits or revenue, loss of anticipated savings or loss of goodwill.
No endorsement: The Competition is in no way sponsored, endorsed, administered by or associated with any third party. All third-party trademarks and other intellectual property rights are hereby acknowledged. By participating in the Competition, participants are providing their information to the Promotion Entities, not to any third party. To the maximum extent permitted by applicable law, no third party shall have any liability to any participant in connection with or arising out of the Competition howsoever caused, including for any costs, expenses, damages and other liabilities.
Cancellation and variation: Promoter reserves the right to vary, suspend or cancel the Competition and/or these Rules if it considers it necessary or appropriate to do so, including if there is any actual or anticipated breach of applicable law or if variation, suspension or cancellation is necessary due to an event outside Promoter’s reasonable control. In the event of cancellation, prizes may be awarded to winners selected from entries received prior to cancellation.
Disqualification: Without limiting the options available to Promoter, Promoter reserves the right at any time to disqualify any entries or participants that Promoter regards as being in breach of these Rules, any applicable laws, any terms and conditions referred to in these Rules and/or the spirit of the Competition. In particular, Promoter reserves the right to disqualify any participant who, in Promoter’s reasonable opinion: (i) is not eligible or otherwise competent to participate in the Competition; (ii) fails to comply fully with the health and safety instructions and requirements applicable to the Competition; (iii) poses a risk to the health and safety of themselves and/or others or (iv) acts in a way that could reasonably be considered damaging, detrimental or prejudicial to the Promoter.
Interference with the Competition: Any attempt to damage or undermine the content or legitimate operation of the Competition is prohibited and may also be a violation of criminal and/or civil laws. Promoter reserves all its rights and remedies to deal with breaches or suspected breaches of this section including, without limitation, to exclude any participant or winner believed to be associated with such activity.
Disclosure of winner details: By entering the Competition, each participant acknowledges that in the event of a win their surname and general location of residence (e.g. city, county, region or country) may be disclosed to persons enquiring, where permitted by law. Any participant may object to their information being made available in this way or may request that the amount of information made available be reduced, by contacting Promoter using the contact details at the end of these Rules. In these circumstances, the participant acknowledges that Promoter may nevertheless disclose the relevant information, and the participant’s entry, to the relevant advertising standards authority or regulator (and/or any other competent authority) if required to do so. This may happen where Promoter is required to demonstrate that it has awarded the prizes advertised. To request disclosure of winner details, enquirers must submit a request to [email protected] no later than one (1) month after the end of the Pitch Night. Details will only be disclosed (if permitted by law) after all prizes have been awarded.
Accessing these Rules: Any website on which these Rules are posted is only intended to be accessed from eligible countries and where permitted by law. Promoter makes no representation that materials relating to the Competition are appropriate or available for use at other locations. Access to them from territories where their contents are illegal is strictly prohibited.
Severance and waiver: If any provision of these Rules is or becomes invalid, illegal or unenforceable for any reason, the validity, legality and enforceability of that provision will not affect the remaining provisions of these Rules, which will remain in full force and effect. Promoter’s failure to enforce any provision of these Rules will not constitute a waiver of that provision.
Disputes: Subject to the “Law and Jurisdiction” section below, if there is a dispute about the Competition or these Rules, Promoter’s decisions are final. If there is a dispute between these Rules and any other document referred to in these Rules, these Rules take precedence to the extent necessary to resolve the conflict.
Law and jurisdiction: The laws of England and Wales will apply to these Rules and the Competition, although if the participant is resident in a different eligible country the participant will retain the benefit of any mandatory protections given to the participant by the laws of that jurisdiction. The courts of England and Wales will have exclusive jurisdiction over any claim relating to these Rules and the Competition, except that residents of other eligible countries may bring a claim in their local courts.
Personal data: Participants acknowledge that any personal data of participants processed in connection with the Competition will be processed in accordance with Promoter’s Privacy Notice, which is available at https://www.foundervine.com/privacy. Participants acknowledge that Promoter will need to share personal data with relevant third parties, including the Supplier, and that such third parties will process the personal data of the participant as independent data controllers in accordance with their own privacy notices.
Contact: Enquiries about the Competition can be sent to Promoter at: [email protected].