1.1. Participating or proposed ventures should be independent entities, meaning that they should not be a subsidiary of an existing corporation or have legal ties to a government body.
1.2. Existing non-profits can participate; however, they should propose a new sustainable idea or a plan to transform their existing solutions into a more sustainable solution.
1.3. As the Quest is looking for start-ups to work on establishing marketing channels for existing products, and not research and product development, only those with developed ideas and/or prototypes should apply.
1.4. The applicant should be a registered company in India. The shareholding by Indian promoters in the company should be at least 51%.
2.1. Submissions which are incomplete will be deemed void and disqualified from the Quest evaluations.
2.2. Submissions should be the original work of the participant/participating entity and should demonstrate positive social or environmental impact, have a disruptive technology innovation with potential to be sustainable and scalable in India (though not exclusively in the region).
2.3. Participants who are determined to be ‘Finalists’, ranked in the final evaluation stage might be required to send at least one core member for the final round of evaluations tentatively in Bengaluru, India.
2.4. Finalists agree to the use of their names, photographs, disclosure of their country of residence; and are required to cooperate with any other reasonable requests by the organiser relating to any publicity-related activities.
2.5. Finalists are required to submit a declaration of good standing and solvency at the final stage of evaluation. If there is any change in circumstance that invalidates their good standing and solvency, the team is to immediately inform the organisers.
2.6. All participants own the rights to their ideas. Participants must properly acknowledge any trademarks, patented or copyrighted materials of others that are incorporated into the submission materials. Participants are responsible for obtaining any necessary permission before utilizing such materials into their submissions.
2.7. Submitted ideas are protected in the spirit of non-disclosure, and all submitted materials will be treated as company confidential. The only people with access to the entry materials will be evaluators/judges, partners and select members of the organising committee. Materials will not be distributed to any other party unless requested by a participant. No other provisions are made to protect intellectual property.
2.8. Participants are advised not to disclose critical information which would affect a successful filing of patent(s). All presentations are open to the general public, and some presentations may be videotaped. Attendance by media personnel is expected in the final stages of the program. Any data or information discussed or divulged in public sessions by participants should be considered information that will likely 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.
3.1. The selection of the ‘Winners’ is at the sole discretion of the judges and the organisers from Social Alpha and partnering organisations. Best efforts will be made to make decisions in accordance with this document.
3.2 Throughout any and all phases of the Quest, all decisions of the judges are final.
4.1. The organisers of the Quest reserve the right to disqualify any participant who is found to have violated the spirit of the Quest guidelines and terms and conditions stated herein. Disqualified participants shall forfeit any and all prizes awarded to them.
4.2. The organisers reserve the right to amend these rules at any point before the Closing Date of the Quest in line with the overall goal of the Quest.
4.3. The indicated dates for the Quest may be revised at any point of time by the organisers. Any change in schedule will be suitably intimated on the Quest webpage and on other relevant platforms.