Terms and Conditions for the participation in the CODE_n CONTEST
1 Subject and scope
Startups that have submitted their application for participating in the annual CODE_n CONTEST (hereinafter referred to as ‘CONTEST’). The winner of the CONTEST will be chosen and announced at the new.New Festival during the Award Show. The winner will also receive the CODE_n Award. These Terms and Conditions govern the submission of the application and the participation in the CODE_n CONTEST.
Any young company (foundation of the startup within the last 5 years) can apply to the CODE_n CONTEST, provided that their business model fits the annual CODE_n CONTEST main theme(s).
3 Content of Application
CODE_n is looking for ground-breaking new hardware and software solutions, IT applications or IT-based business models that contribute to unveiling digital disruption. It is not required that your innovation is already available on the market. You can submit either published or unpublished innovations. Despite this, startups that apply to the CONTEST must have already been founded.
4 Competition procedure
4.1 From all timely submissions received 50 finalists will have the opportunity to present their business model in an avant-garde setting at the CODE_n new.New Festival. Therefore CODE_n must be able to make important contacts with potential customers, investors, media stakeholders and other innovators. The CODE_n new.New Festival is planned as an annual event. Date and location may change from year to year and will be published in advance in due time.
4.2 An expert team of CODE_n and selected CODE_n Partners will select the 50 finalists from the pool of applicants. The finalists will be chosen according to the following criteria:
a. The degree of innovation embodied in the business model
b. The quality of the business case
c. The quality of the company’s overall presentation
d. The use of innovative technologies
e. The product-to-market fit
4.3 The submitted contest application will serve as the basis for the evaluation. The winner of the CODE_n Award will be selected by a jury. The winner of the CONTEST will be announced at the Award Show at the new.New Festival.
4.4 The 50 finalists will be informed in May that they have been nominated as finalists. The official announcement to the public will take place in June.
5 Rights and duties of finalists
5.1 Finalists will get a booth at the new.New Festival including the IT infrastructure. Further they may participate in pitches and get access to the presentation area.
5.2 Finalists will have to sign an agreement with CODE_n stating that they will attend the CODE_n new.New Festival during the entire duration of the event.
5.3 The costs for travel, accommodation, food and drinks, visa, marketing materials etc. have to be borne by the Finalists. CODE_n will support the Finalists with regard to the organization of the aforementioned points.
5.4 Startups that have applied for the CONTEST in the previous years may apply again as long as they have not been nominated for the TOP 50 Finalists. CODE_n Alumni are allowed to apply again with a new company.
6 Place of Jurisdiction, Applicable Law
6.1 Exclusive place of jurisdiction for all disputes arising out of or in connection with the contractual relationship shall be Stuttgart, Germany.
6.2 To all rights and obligations and all disputes arising out of or in connection with the contractual relationship between you and us, German law shall apply exclusively, without regard to German collision rules.
6.3 Should individual provisions of these Terms & Conditions be or become invalid, this shall not affect the validity of the other provisions.