Terms & Conditions

Before you decide to take part in the full Ingenuity Programme, please read our Terms and Conditions carefully.

Registration Stage

Eligibility criteria

  • All participants must either be students, alumni, researchers, staff or those associated with an Ingenuity partner, or be an individual from outside the university community who are interested in setting up an impact-led business in the region.
  • Participants can enter as an individual, or a team of no more than four.
  • Teams will have a lead applicant who will be the main source of contact throughout the process. We ask that all team members work through the Develop Platform courses to help develop the joint idea.
  • Throughout the 2022 Programme (6 December 2021 – 19 May 2022), participants must be legally residing within the UK. The exception to this rule is for those who are having to reside in another country due to Covid restrictions.
  • Participants must be able to legally form a company in the UK no later than March 2022 (this cannot be done on a study Visa).
  • All participants must be at least 18 years of age.
  • If you already have an idea, the product must be at pre-trading stage, or have started trading no more than 12 months at time of applying. Exemptions will be made at the discretion of the Ingenuity Team for early-stage business ideas that have pivoted or been significantly impacted by Covid-19.
  • Ingenuity is not open to businesses who have already received investment, assigned equity, or significant grants and awards previously. Any funding you have already received for your business idea must be declared at time of applying and the business submission stage of the Ingenuity Programme.

Registration criteria

  • All participants can only submit one registration form.
  • You can register for one primary challenge. When multiple registrations occur, all registration forms will be disqualified without notification.
  • You will be able to access resources, keynotes and insights related to the other challenges, but you must choose one challenge.
  • Incomplete registration forms will not be considered.
  • All registration forms must be submitted by midnight (GMT) on 2 February 2022.
  • Late entries will not be considered.

Summit Stage

Attendance criteria

  • Only participants who have been invited to attend the summit and workshop sessions will be able to attend.
  • The event is a compulsory part of the programme. Failure to attend the event or catching up via the Develop Platform will result in you being disqualified from Ingenuity.
  • It is at the discretion of the participating universities in your region to decide which participants will be invited to the summit following registration.
  • Decisions made will be final and no appeals will be accepted.

Business Idea Submission Stage

Eligibility criteria

  • Only participants who attended their summit fully will be invited to submit their business plan.
  • Ideas and business plans must be owned by the participant submitting it.
  • Ideas and business plans must be related to one of the three challenges.
  • Individuals/teams must intend to implement their idea within 12 months of completion of the programme to be considered.
  • Individuals/teams must have the legal right to form a business in the UK. (This can be contingent on participants applying for the Entrepreneurship Tier 1 Visa within the following 12 months.)
  • The lead applicant must intend to run the business themselves, with most of your team to proceed to the workshops.

Submission criteria

  • Participants/teams can only submit one idea.
  • Teams can consist of up to four participants.
  • Incomplete submissions will not be considered.
  • Additional information will not be accepted under any circumstances.
  • All submissions must be submitted by midnight (GMT) on 3 March 2022.
  • Late entries will not be considered.

Judging criteria

  • Your idea will be anonymised and assessed independently by Ingenuity.
  • Each submission will be weighted equally and scored using the Ingenuity judging criteria.
  • You will be sent the scores and any relevant feedback for your idea once the assessment process is complete.
  • Decisions are final and no appeals will be accepted.
  • All judges will sign a confidentiality agreement.

Regional Finals

Eligibility criteria

  • Only participants who were shortlisted during the business plan assessment stage will be invited to submit a video pitch for the Regional Finals.
  • Ideas and business plans must be owned by the participant submitting it.
  • Ideas and business plans must be related to one of the three challenges.
  • Failure to submit a video pitch for the Regional Finals will result in you being unable to proceed through the competition. Whilst we understand that the Regional Finals will be taking place during the wider university exam period, we have purposefully chosen to use video pitches that can be recorded and submitted during a two-week period at the Finalists’ convenience.

Judging criteria

  • Your pitch will be assessed by a panel of experts.
  • Each pitch will be weighted equally and scored from the Ingenuity judging criteria.
  • You will be sent the scores and any relevant feedback for your pitch following the Regional Finals.
  • Decisions will be final and no appeals will be accepted.
  • All judges will sign a confidentiality agreement.

National Finals

Eligibility criteria

  • Only participants who were invited the National Finals following the Regional Finals will be able to attend.
  • If Finalists are unable to attend the National Finals sessions, they should nominate a representative to take questions where possible.

Ingenuity Grants and Investments

  • All monies will be paid into a UK bank account held in the name of a registered business. This can be set up after the programme but no later than 12 months from the completion of the 2022 Ingenuity Programme (19 May 2022).
  • It is anticipated that the money will be used by 19 May 2023.
  • All monies will be paid against agreed milestones. Reporting will be expected against this funding, including impact measurements.
  • Recipients of funding must reference the support of Ingenuity on their website, and relevant communications, for a period of at least two years. Or in such situation where Ingenuity no longer wants association with an entity, Ingenuity shall be removed.
  • A funding agreement will need to be signed to confirm the expectations and milestones after successful completion of the Ingenuity Investment Readiness Programme. Failure to do this will result in the award being reassigned.
  • Ingenuity reserves the right to withdraw, amend, or not award the published awards.

General Terms

  • Ingenuity reserves the right to withdraw any entry at any stage of the 2022 programme that is found to be in breach of any of the pre-established conditions and/or rules laid out on this page.
  • Ingenuity reserves the right to move any events or activity online, or cancel them entirely, as determined by government guidance on public health.
  • In the event of ideas being passed off or used dishonestly related participants will be disqualified from the 2022 and all subsequent programmes of Ingenuity.
  • The judges’ decision is final at each assessment stage and no correspondence will be entered into. Each stage of assessment will consist of a minimum of one independent judge. Feedback will be provided automatically at each submission stage.
  • Any use of – or reference to – Ingenuity needs to be approved by the Ingenuity Director in writing. Ingenuity reserves the right to change or amend the individuals on the judging panels and external partners/companies participating in any stage of the programme.
  • Ingenuity accepts no responsibility for any intellectual property rights infringements (including issues related to third party copyright, design rights, patents, trademarks or trade names) and the revelation of business ideas, processes or products attained during the programme. All judges and Ingenuity staff involved in the programme will be asked to sign a non-disclosure agreement to make sure Ingenuity does its best to protect the businesses involved.
  • No responsibility can be accepted for submissions not received before the deadline nor for entries that are lost, mislaid, incomplete or illegible.
  • Ingenuity reserves the right to update or amend these terms and conditions without prior notice at any time, and we will notify participants within 28 days of any amendments.
  • Ingenuity reserve the right to amend the assessment or judging structure for any of the stages throughout the programme at any time and this will be published no later than seven days before they take effect.
  • Ingenuity reserve the right to change the prize fund amount and nature of the prizes available at any time.
  • Participants will be responsible for any costs incurred in the process of the programme unless otherwise agreed with Ingenuity or its partners. Ingenuity will cover travel, subsistence and accommodation costs for the Future Founders attending Ingenuity Week only as defined.
  • Any personal data relating to any participants will be used solely in accordance with the University of Nottingham’s GDPR policy and will not be shared without the participant’s prior consent. You will be asked to opt-in to have your relevant personal data shared with your university, your regional University Host and Ingenuity Partners when needed during the programme.
  • By entering the Ingenuity Programme, participants are indicating their agreement to be bound by these terms and conditions.
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