Regulation PRIO Jump START

FRAMEWORK

1. PRIO Jump Start (hereinafter referred to as the “Competition”) is a startup acceleration program promoted by PRIO, and organized by iMatch (hereinafter referred to as the “Promoters”). PRIO and iMatch come together for the launch of an open innovation competition, which indents to scout and leverage startups who are developing solutions that can improve and contribute to PRIO’s value chain.

2. The Competition intends to empower startups in the energy and mobility sectors by integrating their solutions within PRIO in the form of pilots.

3. The applicants shall submit their project or solution (hereinafter referred to as the “project” or “projects”) under the terms mentioned below;

4. With the submission of its’ Project to the Competition, each applicant (hereinafter referred to as “applicant”) agrees and accepts the terms and conditions of this Regulation.

 

1. COMPETITION

1.1. Applications for the Competition can be made in 3 distinct categories:

a) New mobility solutions: We are looking for projects that will help PRIO pursuit its goal of shaping the future of mobility, with new products and services.

b) Digital transformation: We are looking for projects that use digital transformation as a mean of driving change in conventional sectors, such as energy for mobility and convenience retail. We want to offer more to our customers through (i) new online and offline buying experiences and (ii) new customer experiences and journeys. Furthermore, we want to leverage innovation from the inside, by revamping our internal processes through digitalization.

c) Energy Transition: We are looking for projects that can help us become the solution for a sustainable energy transition by creating the new generation of energy solutions, based on areas such as (i) hydrogen and synthetic fuels, (ii) circular economy in the energy sector; (iii) advanced biofuels; and (iv) electric mobility.

 

 2. SELECTION CRITERIA OF THE APPLICATIONS

2.1. The applications that (i) comply with the requirements set out in this Regulation, (ii) have not been eliminated at any phase of the Competition, and (iii) are selected, will be evaluated on the basis of the following criteria:

a) Team (skills, experience and diversity/sufficient resources);

b) Project Quality (creativity/originality, innovation and design user experience);

c) The usefulness of the project (added value and relevance for stakeholders);

d) Business Model (commercial viability and growth potential); and

e) Viability (technical, operational and commercial).

 

3. ELIGIBILITY TO COMPETITION

3.1. Startups interested in collaborating with PRIO can apply to this competition, providing that they are:

a) National or international startups

3.2. In addition to the provisions of the previous paragraph, applicants shall also be deemed to be eligible from receiving any monetary prize in the context of this Competition, the following groups:

a) Employees of the Promoters, entities that sponsor the Competition, affiliates or companies of the group of the Promoters or sponsors;

b) Service providers of any of the Promoters or sponsors;

c) Family up to the second degree of any employee of the Promoters or sponsors;

d) Any individual who is chosen to be part of the analysis and evaluation of applications team and any experts or consultants who have participated in the conception, design and implementation of this Competition or who are called to assist in the analysis of applications.

 

4. APPLICATIONS TIMELINE

4.1. The period for submission of applications to the Competition starts on March 26th, 2020 and ends at 23 hours and 59 minutes of April 30th, 2020 (GMT). All applicants should submit by that date at the platform priojumpstart.com, all information and documentation required under paragraph 5, stated below, otherwise, they are not accepted.

4.2. The 15 best online applications will be chosen as pre-finalists and awarded access to the “Bootcamp”

4.3. Additionally, and still during the period of time referred to in the previous paragraph, the candidates can submit their applications during 2 online events called “Pitch and Go” that will take place on two different dates that will be communicated through the website of the program.

4.4. The 5 best startups pitches’ form the Pitch and Go events, will be chosen as pre-finalists and awarded direct access to the “Bootcamp”. Those participating on the Pitch and Go events must also submit their applications online.

4.5. The 20 chosen pre-finalist startups, commit themselves to attend the mandatory events of the Competition, under penalty of being excluded from the Competition.

 

APPLICATIONS

5.1. The Candidates should apply for the Competition at priojumpstart.com, and shall comply with the following:

1º. Registration of application, in order to have access to additional information regarding the Competition

2º. Fill the application form with the requested data, duly stated in the application form.

3º. Expressly accept the terms and conditions of the Competition foreseen in this Regulation.

By applying to PRIO Jump Start Competition, the applicant is accepting the terms and conditions of this Regulation as well as the terms and conditions relating to the use of the platform above mentioned.

5.2. Applicants do not have to submit a developed Project (prototype or developed concept) at this phase but shall provide enough information, data or materials in order to assure the most accurate evaluation, in accordance with the selection criteria set out above.

5.3. Given the international nature of the Competition, it will be necessary for all applications to be submitted in English. Applications submitted in another language will not be accepted.

 

6. RIGHTS AND OBLIGATIONS OF THE APPLICANTS

 6.1. It is guaranteed to the applicants of the Competition the following:

a) Applicants maintain the copyright and industrial property rights;

b) Projects developed in the Competition will have access to a communication program promoted by PRIO, if PRIO intends to do so, but PRIO will not have any rights over the commercialization of Projects.

 6.2. Each applicant represents and warrants that:

a) The information and data provided in its application to this Competition are true, complete and accurate and it is a work created by itself, with creative nature, original and was not copied and/or prepared by another company (other than the applicant) and/or has not been developed in collaboration with other entities nor is the result of an order;

b) The application and all documents and information submitted to it do not violate any rights of any third parties, including copyright and/or industrial property and comply with applicable laws and regulations;

c) The information and data made available by the applicant are not charge nor are object of any promise of assignment, transfer or encumbrance, were not disclosed to the general public, nor were placed on the market in Portugal or abroad;

d) The applicant will not copy or use any information, data, ideas, projects to which he will have access or acknowledge during the Competition; and

e) Assumes each and every responsibility, of any kind, that arises from the eventual provision of information that violates any of the previous clauses.

f) All information exchanged between both parties (promoters and applicants )during the competition shall be treated as confidential information.

“Confidential Information” shall not include information that:

a) at the date of disclosure is published or otherwise generally available or known to the public;

b) after disclosure is published or becomes generally available to the public through no fault by either Party;

c) is known by either of the Parties before it is disclosed by one Party to the other Party under this Agreement;

d) is disclosed to one of the Parties by a third party not bound by obligations of confidentiality to any Party or to any third party. The burden is on the Party asserting the exception to prove that any of the above-mentioned exceptions apply.

6.3. The applicants shall authorize the use of their image, voice, photo and video, collected on the platform and/or in events conducted under this Competition, with the purpose of promoting and disseminating the developed Projects, in any part of the world and by any channels. The applicants authorize also their disclosure and promotion by each Promoter of the Competition;

 

7. PHASES OF THE COMPETITION

7.1. The Competition is organised in 3 phases, namely: Applications, Acceleration, and Celebration, as detailed below:

 

(i) Applications

This phase is open to all who intend to participate in the Competition, starting on March 26th, 2020 and ending at 23 hours and 59 minutes of April 30th, 2020 (GMT) and has the following steps:

  1. Applications: Applicants should log their registration on the platform, describing in a generic and structured way the Project they want to submit to the Competition, providing the remaining requested information in the fields of the platform. The information provided by the applicants in this phase of the Competition remains confidential and is only available to the members of the organization of the Competition and the panel of judges.
  2. Selection: The Competition Jury will analyze the submitted Projects, verify if there are no constraints and will then choose 15 applications from the online platform and 5 from the Pitch and Go events, to move to the next phase. The selected applicants will be notified by e-mail, in order to continue with the development of the selected Project. The remaining applicants will be notified that they did not go through to the next phase of this Competition.

 

(ii) Acceleration

This phase is designed only to the Projects selected at the end of the phase "Applications". All the steps of this phase will use English as the official language for all communication, given the international nature of the Competition.

This phase has the following steps:

  1. Bootcamp: 2-day on-site session with the mandatory participation of at least one member of each team, being recommended the participation of all the members of the selected teams. This step will begin with PRIO’s mentors being presented to all startups, after which they’ll be taken to a working space to develop and validate their projects. These two days will have the competition’s categories as the central theme.
  2. Selection: At the end of Bootcamp the evaluation committee will select the 10 projects that have the best fit with PRIO’s value chain to proceed to the next phase.
  3. Mentoring: After selecting the 10 final projects, those teams will have 4 weeks (approximately) of mentoring through which they can exchange ideas and ask for tips and feedback to the on-site mentors. At least two meetings should happen with the mentors, whether on-site or remotely.
  4. Mentor Feedback Session: 1-day on-site session with feedback from mentors and pitch training. Participants will get the opportunity to benefit from the network and collect enriching insights from mentors and peer-to-peer feedback.

 

(iii) Celebration

This is the phase to present the 10 selected Projects, culminating with the announcement of the 3 winners that will have access to a set of prizes (presented below in point 9) and to implement their projects.

 

8. PANEL OF JUDGES

8.1. The Panel of Judges is composed by a minimum of 8 members, chosen by the Promoters of the Competition.

8.2. Decisions are taken by a simple majority of the issued votes cast and discussed in a private session.

8.3. The Panel of Judges analyses and select the applications during the Competition, applying the selection criteria.

8.4. On the Pitch and Go events, a Panel of Judges will be appointed, and it may or may not match the Panel of Judges that will evaluate and select the applications that will move on to the Mentoring and Training phase. This panel of judges will be compound by a minimum of 3 members.

 

9. PRIZES

9.1. The Competition awards the following prizes for the 3 winning teams and Top 5 teams:

a) 3 Winners selected in accordance with objective criteria (as defined in this Regulation) and subjective criteria (determined by the panel of judges);

b) The Top 5 teams in accordance with objective criteria (as defined in this Regulation) and subjective criteria (determined by the panel of judges);

9.2. The Winners have the right to:

(i) For the 3 Winners:

a) a monetary prize in the amount of minimum €10.000 (ten thousand euros) for investment in pilot development;

b) possible access to further support based on the evaluation of the business plan;

c) support from PRIO experts;

(i) For the TOP 5 teams:

a) the opportunity, not mandatory, to go on PRIO’s acrobatics plane. The most audacious flight will be awarded an ALPHA stand at Web Summit or 2.500€ to promote their startup in association with PRIO.

9.3. By decision of the Promoters of the Competition, more than the initially planned applicants can be rewarded and this decision will be communicated in due time to all applicants.

9.5. The monetary prizes will be paid by the Promoters of the Competition and are subject to taxes legally applicable, being the Big Winners responsible for the payment of any taxes, fees, charges or contributions relating to the prizes received due to this Competition.

 

10. ANNOUNCEMENT OF THE COMPETITION RESULTS

10.1. The selected pre-finalist and finalist Projects will always be notified by email.

10.2. The finalists going on to the "Acceleration" phase of the Competition will be announced after the completion of "Applications" phase, within a maximum of 3 weeks after that date. The announcement will be made by email.

10.3. The Winners of the Competition will be announced at the “Celebration” phase and subsequently published on the site of the Competition.

 

11. CAUSES OF DISQUALIFICATION FROM THE COMPETITION AND/OR NOT AWARDING PRIZES

11.1. The following behaviours by the applicants will be a cause of disqualification from the Competition and/or non-assignment of prize or honourable mention:

a) Non-compliance with any of the obligations established in this Regulation and/or in the platform, as the non-participation in events as foreseen on paragraph 7.1, (ii), 1, and/or non-submission of Projects;

b) Failure to comply with the requirements relating to the Project and data sets established in this Regulation, as well as the Candidate’s non-compliance of any main issue of the Regulation considered as essential;

c) Breach of any legal or regulatory provision applicable thereto;

d) Evidence of restrictive trade practices;

e) Verification of any attempt to disrupt the normal operation of the Competition;

f) The behaviour of any applicant that, by its nature, is deemed to be unfair to the other applicants, including but not limited to tampering the decisions’ procedure and/or the votes;

g) Non-compliance with the decisions of the panel and/or the Promoters of the Competition;

h) The verification of impediments and/or conflicts of interest by the applicant;

i) Radical change in design features of the Project as outlined in the Applications phase of the Competition PRIO Jump Start, during the development or incubation phase;

j) The establishment of trade agreements, sponsorship or agreements with any other scope with any direct competitor of PRIOl for the duration of the Competition;

k) Any other situation that the Promoters of the Competition consider as grounds for disqualification and / or non-assignment of the prize, including the non-compliance or falsity of the information provided in the application.

 

11.2. Without prejudice to the rights of the Promoters in each situation provided in the preceding paragraphs, in particular the right to be compensated if the behaviour described in previous paragraphs occur after the award of the monetary prize, the applicant must refund all the amounts unduly received from the Promoters, within a maximum of 8 working days from the date of knowledge of the fact.

 

12. CANCELLATION OF THE COMPETITION

12.1. The Promoters reserve the right to change or cancel this Competition at any time upon notice by e-mail to the registered applicants and by placing a notice on the platform www.priojumpstart.com;

12.2. This Competition may also be cancelled in the event of major force, if the applications submitted do not meet the minimum requirements of quality or creativity, if there are evidence of restrictive trade practices, and/or even if there are not sufficient applications to carry out the Competition;

12.3. The cancellation of the Competition in accordance with previous paragraphs does not entitle the applicants to any compensation for that.

 

  1. OTHER CONDITIONS

13.1. The applications and documents submitted with them are not returned to the applicants.

13.2. It is up to the applicants to bear the costs of research, preparation of the application, development of Projects, costs of production and all the administrative and other costs related to the preparation and submission of the application(s), attendance in the events of the Competition.

13.3. Any clarification requests regarding this Competition should be sent to the Promoters, using the email available on to priojumpstart.com. The Promoters, who will answer within a maximum of 5 working days, in the same way.

 

  1. ADVERTISING AND PERSONAL DATA

 

14.1. When the applicants make their registration and/or submit their applications in the platform they become aware and accept the terms and conditions provided in the Privacy Policy and the Competition Data Protection, which is part of this Regulation as Appendix I “Privacy Policy and Data Protection” and available for consultation at any moment at www.priojumpstart.com, committing themselves to send to jumpstart@prioenergy.com, as soon as possible, the Appendix III “Consent to the Processing of Personal Data”, properly signed by all team members;

14.2. The applicants grant to the sponsors of the Competition identified on paragraph 17 below the right to include in a Competition database the applications’ content and their personal data for a 5 year period, according to the previous consent as envisaged the Appendix III to the current Regulation;

14.3. As envisaged on appendix I and consented against the signing of Appendix III, the applicants grant to the sponsors of the Competition the right to publish and use all the data regarding the content of their applications, which the Applicants will publicly release during the “Celebration” phase and any other that may occur during this Competition, as well as their personal data as long as it’s necessary for the Competition’s promotion;

14.4. Without prejudice to the previous numbers and as envisaged in Appendix I “Privacy Policy and Data Protection”, the Applicants may at any time exercise the envisaged rights that arise from the GDPR attached to this Regulation as Appendix II, including the right to access, rectify, be forgotten and data portability by written communication sent to the address of the entity responsible for the database: jumpstart@prioenergy.com;

14.5. The applicants expressly authorize the Promoters of the Competition to record and produce a Project show and the selected applications in the “Celebration” phase as well as any other that will be held in the context of this Competition, using the sound and images of the applicants, authorizing the use of the Project show by any Promoter on internal and external promotional activities;

14.6. Despite the security measures for Internet data reception of the platform, the Promoters warn that data circulating on the Internet are not fully protected against unauthorized access and eventual deviations, being the applicants of this Competition full responsible for the communication of passwords, confidential codes and any sensitive information

14.7. Applicants should not assume any commitment concerning promotional or advertising activities, nor participate in any public announcement about their participation in this Competition and/or in any of the events related to it, without prior consent in writing of the Promoters of the Competition.

 

  1. EXCLUSION OF LIABILITY

15.1. Each applicant will be responsible for the protection of any potential copyright and industrial property related to its application and documents related thereto, for example, through trademark, patent, design, industrial design or other. Therefore, the Promoters are not responsible for any costs arising from loss, damage, accidents, expenses or any liabilities charged to applicants regarding any failure to properly protect any copyright and/or industrial property related to the applications and arising from the participation in this Competition.

 

  1. APPLICABLE LAW AND COMPETENT COURT

16.1. This Regulation is governed by Portuguese law;

16.2. Any doubt regarding the interpretation of the current agreement should be solved by the jury, according to paragraphs 8.1 and 8.2 of the current regulation;

 

16.3. The promoters hold the right to change the current Regulation at any time, notifying the Candidates of the changes made through the platform priojumpstart.com

16.4. Total or partial nullity of any clause of this Regulation does not affect the validity of the remaining clauses or the remaining part of the valid clause, neither the validity of the Regulation itself, and it should always, primarily, be reduced/converted.

 

  1. COMPETITION PROMOTERS

17.1. The following entities are the promoters of the Competition:

  1. a) PRIO Energy, S.A designated in this Regulation by PRIO, with head office at Terminal de Granéis Líquidos, Porto de Aveiro, 3834-908 Gafanha da Nazaré, with the share capital of 450.000€ holder of the tax number 507872525 and registered at the Commercial Registry of Aveiro under the same number; and
  2. b) IMATCH – INNOVATION IGNITION, LDA. designated in this Regulation by imatch, with head office at Rua Dr. Augusto José Cunha, 11 – 3oA, 1495-240 Oeiras, with the share capital of 5.000 Euros, holder of the tax number 508 681 766 and registered at the Commercial Registry of Lisbon under the same number.

 

APPENDIX I

Privacy Policy and Data Protection

PRIO Jump Start acknowledges that the use of your personal data requires your trust. We are bound to the highest privacy standards and we will only use your personal data for clearly identified purposes and according to your data protection rights.

The confidentiality and the integrity of your personal data is one of our main concerns.

The current Privacy Policy establishes the way that PRIO Jump Start uses the personal data of their applicants, which consists of:

  1. Which companies are part of PRIO Jump Start?
  2. Who is responsible for processing your personal data?
  3. How do we collect your personal data?
  4. For which purposes and with which ground can your personal data be used?
  5. Which personal data can be collected?
  6. How do we keep your personal data safe?
  7. For how long do we keep your personal data?
  8. With who can we share your personal data with and how do we keep it safe?
  9. How can you change or remove your consent?
  10. How can you get in touch with us?
  11. Your rights
  12. The right to complain to CNPD
  13. Which companies are part of PRIO Jump Start?

 

  1. Which companies are part of PRIO Jump Start?

PRIO Jump Start is owned by PRIO Energy. The program is organized by the consulting company imatch - innovation ignition, Lda., with head office at Rua Dr. Augusto José Cunha, 11 – 3oA, 1495-240 Oeiras, with the share capital of 5.000 Euros, holder of the tax number 508 681 766 and registered at the Commercial Registry of Lisbon under the same number (hereinafter referred as “imatch”).

 

  1. Who is responsible for processing your personal data?

imatch is responsible for processing the personal data of PRIO Jump Start’s participants who apply PRIO Jump Start through the website (www.priojumpstart.com) or through the Pitch & Go events.

 

  1. How do we collect your personal data?

Your personal data will be collected and processed on the following situations:

  • If you fill the F6S Application Form existing on the website www.priojumpstart.com; and/or
  • If you apply for a Pitch & Go event through the website forum.

 

  1. For which purposes and with which ground can your personal data be used?

Personal data will be collected and used for promotional purposes regarding PRIO Jump Start and Marketing (information and communication of all the different events that are part of PRIO Jump Start).

On the terms of the current EU data protection policy (GDPR), the use of personal data has to be justified under, at least, one legal ground for personal data processing. You can check the explanation about the scope of each one of those grounds. *

The legal ground that applies to the collection and use of  your personal data for PRIO Jump Start and Marketing purposes is your consent.

*Legal grounds for processing personal data:

  • When you have given consent for your personal data processing (for these purposes you will be given a consent form to allow the use of your personal data, and that consent may be removed afterwards);
  • When the processing is necessary to celebrate or perform a contract with you;
  • When the processing is necessary to fulfil the legal duties to which PRIO Jump Start is subject;
  • When the processing is necessary to achieve a legitimate interest and our reasons for its use outweigh your data protection rights;
  • When the processing is necessary for us to declare, execute or defend a right regarding legal action against you, us or a third-party.

 

  1. Which personal data can be collected?

The following personal data can be collected through the channels and services described on this Privacy Policy:

  • Contact Data: Name, address, telephone, mobile, e-mail, team members data;
  • Personal Data: Date of Birth, startup name, citizenship, social media profiles,
  • Id data: Tax number, monthly burn rate.

 

  1. How do we keep your personal data safe?

We use a range of security measures, including encryption and authentication tools, to help protect and maintain the security, integrity and availability of your personal data.

Although the data transmission through the internet and the website may not guarantee total security against intruders, we and our providers and commercial partners will pull out our best efforts to implement and maintain physical, electronic and procedural security measures designed to protect your personal data according to the data protection requirements. Among others, we deployed the following:

  • Restricted access to your personal data based, only upon need, and only regarding the communicated purposes;
  • Transferring collected data only in an encrypted way;
  • Storing highly confidential data (such as credit card related data) only in an encrypted way;
  • Protecting the technology systems with firewalls to avoid the unauthorized access to your personal data; and
  • Permanent monitoring the accesses to data technology systems bearing in mind the prevention, detection and impediment of the improper use of your personal data.

 

  1. For how long do we keep your personal data?

We store your data only for the necessary period regarding the purpose under which they were collected.

Once reached the maximum retention period, your personal data will be irreversibly anonymized or safely destroyed.

For the purposes described on this Privacy Policy (PRIO Jump Start communication and marketing), your personal data will be stored for a maximum period of 48 months counting from the collection of your consent or the last contact made (according to what happens last of all) and in the case you haven’t removed your consent during this period.

 

  1. With who can we share your personal data with and how do we keep it safe?

So, your personal data may be accessed by the Promoters for the purposes already described on this Privacy Policy.

We guarantee that your personal data will be processed by the Promoters according to proper security measures.

Additionally, PRIO Jump Start uses the F6S platform to collect startup applications for its competition. This way, your personal data can be accessed by F6S but only with the purpose to store your data.

Your personal data are stored inside our providers/partners’ protected servers and are exclusively accessed and used under our policies and standards.

 

  1. How can you change or remove your consent?

To remove the consent given to imatch (PRIO Jump Start) it will be enough to contact us by e-mail to jumpstart@prioenergy.com or by post mail (Rua Rodrigues Faria, 103, Edificio I, piso 2 - 2.04, 1300-501 Lisboa), with the information about your data and reporting your will to be forgotten. The last e-mail/letter sent to imatch will prevail above all previous information.

 

  1. How can you get in touch with us?

If you have any question related to our use of your personal data, please send an e-mail to jumpstart@prioenergy.com and you will be answered within a maximum period of 1 (one) month. If not, you can contact us through 919 251 490.

 

  1. Your rights

Subject to certain conditions, you may have the right to ask us to:

  • Release additional information about the use we make from your personal data;
  • Release a copy of the personal data you gave us;
  • Share the personal data you gave us with another responsible at your request;
  • Update any inaccuracies on the personal data we collect;
  • Delete personal data that is not legitimate anymore;
  • Limit the way we use your personal data and until the delivered complaint is investigated.

The practice of these rights is subject to certain exceptions designed to protect the public interest (prevention or crime detection) or our own interest (maintenance of the professional secrecy).

In case you execute any of these rights we will analyze it and answer it, expectably, within 1 (one) month.

 

  1. The right to complain to CNPD

In case you are unsatisfied with our use of your personal data or with our answer after executing any of these rights, you have the right to complain next to the control authority (Comissão Nacional de Proteção de Dados – CNPD | Rua de São Bento, nr 148, 3o, 1200-821 Lisboa | Tel: 351 213928400 | Fax: +351 213976832 | e-mail: geral@cnpd.pt).

 

APPENDIX II

General Data Protection Regulation

http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32016R0679

 

APPENDIX III

Consent to personal data processing

By agreeing with this consent form, I confirm that the moment I submitted my application to the Competition Jump Start, I acknowledged and read its Privacy Policy and Data Protection and, having understood its content and knowing my rights, I accept and agree on my data to be processed by the Promoters of this Competition, for a 5-year period.