University Alliance > Enterprise Stars > Terms and conditions

Terms and conditions

By submitting an entry to this competition, you agree to the following terms and conditions:

  1. The competition is operated by University Alliance strictly on a not-for-profit basis.
  2. Eligibility
    1. Employees of University Alliance or those of its affiliates and their close relatives or any person connected to the competition are not permitted to take part in the competition.
    2. This competition is open to individuals or groups in the UK provided that they are all registered as students (undergraduate or postgraduate) at a participating University Alliance university on the date of registration (Monday 16 April 2018). If part of a group entry, all members of the group must be registered as students (undergraduate or postgraduate) at a participating University Alliance university on the date of registration (Monday 16 April 2018).
    3. If entrants are aged under 16, their parent or guardian must consent to their entry and indicate this consent on the entry form to confirm that the entrant has complied with these terms and conditions. Proof of age, identity and eligibility may be requested.
    4. By entering the competition, entrants warrant that they have legal capacity to enter the competition.
  3. Entry
    1. Entries to the competition will be chosen by individual University Alliance member universities using their own criteria and processes.
    2. Entries must be completely original and entirely the entrants’ own work.
    3. University Alliance discourages entrants from paying for supplementary materials and services in relation to their submission, and will not take any responsibility whatsoever for any costs incurred in relation to competition entries.
    4. Only one entry per participating university is permitted. For the avoidance of doubt, this entry may be an individual or a team of student entrepreneurs. An individual may only be part of one group or entry.
  4. Closing Date
    1. The entrance period of the competition is from 9 February 2018 to Monday 16 April 2018. The Closing Date for this competition is therefore Monday 16 April 2018. No entries will be accepted after this date.
  5. How to Enter
    1. To enter this completion, each team taking part (whether an individual or a team) must fill in the entry from provided by your university. University Alliance must receive your entry form on or before the 16 April 2018.
  6. Qualifying Entries
    1. All qualifying entries will be entered into the competition. Qualifying entries will be entries for which University Alliance is satisfied that the Information Form is complete and accurate and the relevant entrant and all related parties (where applicable) have fulfilled the conditions set out on the Information Form. For the avoidance of doubt, entries that are defaced, illegible or otherwise damaged will automatically be deemed non-qualifying entries.
    2. University Alliance is not obliged to notify any entrant prior to the competition (or subsequently) that their entry is not a qualifying entry and shall not be entered into the competition.
  7. Winner Announcements
    1. The winners of the competition will be announced on 14 June 2018 (the ‘Event Day’). University Alliance reserves the right to announce the winner of the competition at a later date.
    2. The winners of the competition will be chosen by a panel of three judges on the Event Day.
    3. University Alliance reserves the right to allocate prizes to more than one winner at its discretion.
    4. University Alliance’s decision is final and no correspondence will be entered into in relation to the competition and in particular the judging process.
  8. Notification of Result
    1. Winners’ details will be published on University Alliance’s website shortly after the result. University Alliance is not otherwise required to notify entrants of the competition results except that University Alliance may at its discretion supply further information upon written request. Such request should be made to University Alliance at 10-11 Carlton House Terrace, London, SW1Y 5AH.
  9. Prizes
    1. The prizes are in the form of investment from individual judges. After business idea pitch presentation, the panel of judges will evaluate each business idea, using the judging guidelines (appended at Annex A). The judges reserve the right to determine the number of winners and the value of each prize awarded.
    2. Two of the panel judges will be investing up to £2,000 each and one panel judge will be investing £1,000. The total prize pool available to entrants will therefore be to the value of £5,000.
    3. Prizes are non-transferable, non-refundable, non-changeable and subject to availability, and any terms and conditions the judges may feel appropriate in the circumstances. Credit alternatives will not be offered.
    4. Winners must take prizes at times decided by University Alliance acting in its sole discretion. Prizes not taken at the required time shall lapse.
  10. Intellectual Property
    1. Entrants should be aware that in disclosing information regarding their idea to University Alliance, they may lose the ability to patent the idea in the future as patents will not be granted for anything that has already been made public. If entrants believe that their idea is patentable, they should take independent legal advice before entering this competition. Further information can be found at the UK Intellectual Property Office website.
    2. Entrants will retain the copyright and intellectual property rights in their entry but must grant University Alliance a non-exclusive licence to broadcast the entry across all media including any online platforms.
    3. If an entrant obtains investment outside of the competition, a formal agreement over the ownership of the intellectual property rights will be agreed at that time with the third party investor and the entrant agrees to inform the University Alliance of all and any investors.
  11. Publicity and Personal Data
    1. Entrants must agree to take part in any post-competition publicity if required.
    2. Entrants confirm that by submitting an entry to this competition that they are granting University Alliance permission to use their name, likeness and (if requested) biographical details for advertising and future promotional purposes without payment to the entrant. Entrants permit University Alliance to hold records of the personal information supplied by entrants and to use such information to promote and report this competition as well as keep entrants informed by post, e-mail or other means about products and services which may be of interest to entrants provided by the University Alliance or third parties.
    3. Winners grant University Alliance permission to disclose details of the winning entry for purposes related to the promotion.
    4. Entrants confirm that by submitting an entry to this competition that they are giving express consent for photography and video recording to be taken at the event for use on the University Alliance website and in the press, in University Alliance communications materials, and in other University Alliance publications.
    5. University Alliance will duly observe all their obligations under the Data Protection Legislation, which arise in connection with this Agreement. Data Protection Legislation, as mentioned above, means the Data Protection Act 1998 including any subordinate legislation made under that Act from time to time together with, where applicable, the guidance and codes of practice issued by the Information Commissioner and the General Data Protection Regulation (as amended from time to time) which is due to come into force on 25 May 2018.
  12. Liability
    1. University Alliance cannot accept any responsibility for entries that are lost, damaged or delayed when electronically submitted.
    2. University Alliance gives no guarantee in relation to the prizes and assumes no liability for the failure or non-performance thereof under any circumstances.
    3. University Alliance will not be liable for any loss, damage or delay which occurs in connection with entrants’ participation in this competition or entrant’s use of any prize, including without limitation financial, indirect or consequential loss.
    4. Nothing in these rules & regulations will seek to limit or exclude University Alliance’s liability for death or personal injury resulting from its negligence.
    5. University Alliance is not responsible for covering travel expenses of entrants participating in the competition, such costs will be borne by the entrants themselves, unless otherwise stipulated by University Alliance.
  13. Changes
    1. University Alliance reserves the right to cancel this competition at any stage without notice, if deemed necessary in its opinion, or if circumstances arise outside its control.
    2. University Alliance reserves the right to amend these rules and regulations at any stage without notice, including changing or substituting the prize.
  14. Governing Law
    1. These rules and regulations are governed by and construed in accordance with the laws of England and Wales and entrants consent to the exclusive jurisdiction of the English courts.

Information correct at time of being published as at Thursday 3 May 2018.

Annex A: Judging Guidelines

Judges will be provided with the following guidelines to guide their evaluation of pitches.

Content of the pitch

  1. Description of business idea/plan
  2. Evidence of problem that your idea solves
  3. The market opportunity – current and projected trends; stats
  4. Detailed identification of target market
  5. Description of Unique Selling Points (USPs)
  6. Business model i.e. How will your idea make money?
  7. Financial data supporting the business idea
  8. Competitor analysis
  9. Areas of help needed from the investor
  10. Identify future plans/strategies for growth

Pitching process

  1. Capturing attention of the audience & maintaining throughout
  2. Clarity of verbal communication (eye contact, intonation, no script verbatim) and timekeeping
  3. Clarity of non-verbal communications
  4. Contributions of each team member to the pitch
  5. Engagement with the investors and audience (walk if needed, ask short questions)
  6. Adherence to the timings of the pitch (not too short or long)
  7. Support through visual material is appropriately used (images, prototype demo, screenshots, wireframes)
  8. Slides are well designed, easy to read and supporting the content
  9. Coherence of content and the team enthusiasm for the idea
  10. Dealing with questions – answers and interaction with audience