You are a founders team (two or more)
All submitted startups must be "for-profit" entities
At least one of the founders is currently enrolled or a recent graduate (up to 10 years) of Tel Aviv University
Tel Aviv University member owns at least 10% of the firm if already incorporated
The venture has raised LESS than 250,000 ILS (~$76,000) in non-founder equity
The venture has a working Prototype / MVP / Alpha / Advanced Demo
The finalists must be able to attend the final pitching event
THE FINE PRINT
Non-confidentiality: All sessions of the Competition, including but not limited to oral presentations and question/answer sessions, are open to the public at large. Any and all of these sessions may be broadcast to interested persons through media which may include radio, television and the Internet. Any data or information discussed or divulged in public sessions by entrants should be considered information that could possibly enter the public realm, and entrants should not assume any right of confidentiality in any data or information discussed, divulged, or presented in these sessions. Due to the nature of the competition, we are not able to ask judges, reviewers, staff, or the audience to agree to or sign non-disclosure statements. However, TAU, the organizer of the COLLER STARTUP COMPETITION, will make every effort to limit distribution of materials presented at the Competition. TAU cannot guarantee that other individuals will not obtain access to electronic or hard copies of the business plan. All presentations are open to the general public, and some presentations may be videotaped. Attendance by media personnel is expected.
Copyrights & Permissions. If a team uses copyrighted materials and/or images from a third party in their submissions or presentations, they must obtain permission and authorization in advance from the owners to use this material and submit the written permissions with the application package.
Information presented by participants at the Competition is the sole responsibility of the participants, TAU and any of its affiliates, has not taken, and does not intend to take, any steps to verify the adequacy, accuracy or completeness of any information, materials or statements made by participants. Participants, and not TAU, is responsible for ensuring participants’ compliance with all applicable federal, state and other securities laws, and it is solely participants’ responsibility to comply with any of such laws that are applicable. TAU does not give investment advice, endorsement, analysis or recommendations with respect to any securities and is not a broker, venture fund or an investment advisor.
Use of Competition Materials. TAU reserves the right to use any material prepared for the COLLER $100,000 STARTUP COMPETITION in publicizing and promoting the event. TAU may use these materials in any printed materials and any videotape or other media that it may produce. TAU may videotape any portion of the Competition and utilize these tapes in any way that its sees fit. TAU may use general Company information in press releases.
Terms of investment will be agreed by the winner and the competition investors. Winning team will have the right to replace the 100,000$ investment with a 5,000$ grant,
Changes to Competition Rules: While not anticipated, these rules and prizes are subject to change at the discretion of TAU at any time. TAU staff has the right to interpret these rules according to its own judgment.
Decisions regarding the Competition and the Winners: All decisions regarding the competition rules, procedures, and processes are at the sole discretion of TAU. Changes and/or interpretations of these rules may be made by TAU at any time. The selection of the teams to compete and the decision of the winners are at the sole discretion of the Judges and TAU. Best efforts will be made to make decisions in accordance with this Official Rules document.
The University does not hold any intellectual ownership or equity right to projects submitted by students or alumni.