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All persons having access within Believe Begin Become to business ideas, draft business plans and business plans submitted to the competition, namely: organizers, judges, consultants, and trainers, will be required to sign a confidentiality statement prior to the start of the competition. The confidentiality clause will continue to apply after the end of the competition. The confidentiality clause will not apply to information disclosed by the participant that was already publicly known or that was learnt by the given person in another manner that did not entail breach of confidentiality.
Contestants should be aware that confidentiality rules do not apply to a summary paragraph describing their overall business idea, as this may be used in Believe Begin Become promotional campaigns and other information sessions which may require examples of submitted business ideas.
No persons having access within Believe Begin Become to business ideas, draft business plans and business plans submitted to the competition will in any way copy or reproduce any confidential material for purposes other than those directly related to standard competition processes.
In addition, without the prior written consent of the given applicant, these persons will not be allowed to use the confidential information to undertake any form of business activity based on the ideas in the submitted business ideas, draft business plans and business plans. They are also not allowed to publicly present any of these ideas (e.g. in lectures, interviews or any publications).
Contestants are expected to apply their own judgment in deciding how much information to disclose, bearing in mind that the judges’ decisions will be more effective the more detail and data they are given to consider. Similarly, the more information is shared with mentors, the more targeted and tailored their advice and support can be.
All participants who are invited to attend Phase II of the competition will be required to submit basic annual financial data to Believe Begin Become for a period of 3 years after participation, in order to enable tracking and evaluation of the impact of the programme. |
