Terms & Conditions
“RULES OF THE ROAD” (“Rules”)
YIANNIMIZE GRAND TOUR (“Contest”)
1. THE CONTEST
Entrants (“Entrepreneur(s)”) will be given the chance to enter (“Entry” or “Entries”) a selection process (“Process”) for a chance to gain investment in their business (“Opportunity”). These "Rules of the Road" ("Rules”) set out how Entrepreneurs can submit a valid Entry for chance to be offered the Opportunity. See Rule 4.
2. THE ORGANISER
The promoter and organiser of the Contest is YMB GRAND TOUR LTD (company number 11545697) (“The Grand Entrepreneur”).
3.1 The Contest is open to Entrepreneurs worldwide who must be at least 18 years of age.
3.2 Entries are strictly limited to one per person, per corporate entity.
3.3 Employees of The Grand Entrepreneur (or any other companies or organisations connected to The Grand Entrepreneur or any of the ‘Yiannimize’ or ‘The Rich List’ companies or other entities etc.), and/or any of their respective affiliates, subsidiaries and immediate family or household members are not eligible to participate in the Process.
4. CONTEST FORMAT
4.1 Stage 1 - Entries: Entrepreneurs will submit an Entry for consideration (see Rule 5.1 below) by The Grand Entrepreneur for the purposes of the Process. The Grand Entrepreneur’s production team (“Production Team”) will review valid Entries received by the closing date of the Contest and compile an initial shortlist of valid Entries (“Initial Shortlist”).
4.2 Stage 2 - Final Shortlist: The Grand Entrepreneur will review a brief on each of the Entries on the Initial Shortlist prepared by the Production Team to get a clear grasp of the business proposition and other details such as the Entrepreneur's business. The Initial Shortlist will be narrowed down to the final, ordered shortlist (“Final Shortlist”), which will be followed by the stages at Rule 4.3.-4.4
4.3 Stage 3 - The Pitch: The Entrepreneurs will submit a video pitch (“Pitch”). The Grand Entrepreneur will then select five (5) Entrepreneurs to proceed to the next stage.
4.4 Stages 4-6 – Entrepreneurs will take part in video calls, conversations and negotiations with The Grand Entrepreneur and The Grand Entrepreneur will then offer at least 1 Entrepreneur an Opportunity. The successful Finalist(s) will also be invited by The Grand Entrepreneur to attend "The Grand Tour" event (see Rule 7).
5. ENTRY RULES
5.1 All Entries must be submitted via https://www.yiannimizegrandtour.com/startup
5.2 The closing date of the Contest is 23.59 on Friday 3 May 2019. Entries received after this time will not be considered by The Grand Entrepreneur.
5.3 The Grand Entrepreneur accepts no responsibility for entries not successfully completed due to a technical fault, technical malfunction, computer hardware or software failure, satellite, network or server failure of any kind.
5.4 Successful Entries will be decided by The Grand Entrepreneur and/or the Production Team on or before Sunday 5 May 2019.
5.5 Progress to any of the stages of the Contest will be notified by email or telephone (using details provided at submission of the Entry) before 6 May 2019. If, once notified by The Grand Entrepreneur, either of the Entrepreneurs fails to respond to The Grand Entrepreneur by Wednesday 8 May 2019, then the Finalist will be removed from the Contest and The Grand Entrepreneur will be entitled to select another Finalist in accordance with the process described above.
5.6 The Opportunity is supplied by The Grand Entrepreneur. The Grand Entrepreneur reserves the right to replace The Grand Entrepreneur with an alternative if circumstances beyond The Grand Entrepreneur’s control make it necessary to do so.
5.7 The decision of The Grand Entrepreneur regarding any aspect of the Contest is final and binding and no correspondence will be entered into about it.
6. ANNOUNCING FINALISTS
6.1 The Grand Entrepreneur will either publish or make available information that indicates that a valid Opportunity has been awarded to one or both of the Finalists.
6.2 If Entrepreneurs object to any or all of their Details being published or made available, please contact The Grand Entrepreneur at [email protected]
6.3 Participants are deemed to have accepted and agreed to be bound by these Rules upon submitting their Entry. The Grand Entrepreneur reserves the right to refuse entry, or refuse to award the Opportunity to anyone in breach of these Rules.
6.4 The Grand Entrepreneur reserves the right to hold void, cancel, suspend, or amend the Contest where it becomes necessary to do so.
6.5 Insofar as is permitted by law, The Grand Entrepreneur, its agents or distributors will not in any circumstances be responsible or liable to compensate Entrepreneurs or accept any liability for any loss, damage, personal injury or death occurring as a result of taking up the Opportunity except where it is caused by the negligence of The Grand Entrepreneur, its agents or distributors or that of their employees.
6.6 The Grand Entrepreneur is not liable to any Entrepreneurs for non-selection.
6.7 Personal data supplied during the course of this Contest will only be processed in accordance with applicable data privacy laws. See also Rule 6.1 with regard to the announcement of Finalists.
6.8 The Contest will be governed by the laws of England and Wales and Entrepreneurs submit to the jurisdiction of the courts England and Wales.
7. THE GRAND TOUR
7.1 As an additional element of the Opportunity, the successful Finalist(s) will be invited to attend “The Grand Tour” (“Trip”) (details here - https://yiannimizegrandtour.com/) with the following rules applying:
(a) Only two (2) representatives of the successful Finalist(s) company (or other corporate entity) will be covered to travel on the Trip;
(b) If another representative wishes to attend, they must cover their own ticket and expenses (including but not limited to the ticket fee, petrol, food, accommodation) in full;
(c) If Finalist(s) or any of their representatives acts in a manner which is in contravention of local laws or engage in other misconduct deemed unacceptable to The Grand Entrepreneur prior to or during the course of the Trip, The Grand Entrepreneur reserves the right to dismiss Finalist(s) or any of its representatives from the Trip with immediate effect. This may also lead to the withdrawal of the Opportunity and disqualification from the Contest.
8. OTHER INFORMATION AND NOTICES
8.1 By entering this Contest, Entrepreneurs are not by default agreeing to give away any equity or other rights in their business. Negotiations between the Entrepreneur and The Grand Entrepreneur will be part of the Contest, and Entrepreneurs are able to walk away at any point without giving away any equity. Negotiations may also extend beyond the conclusion of the Contest.
8.2 There will be a separate business/equity agreement between Entrepreneur and The Grand Entrepreneur in the event that an Opportunity is offered and agreed.
8.3 Entrepreneurs give The Grand Entrepreneur permission to use their name (including company or trading name), photograph, image, likeness, voice, company logo, and the content of any of the Entries in any and all media and manner The Grand Entrepreneur deems appropriate (including for testimonials, publicity, and other promotional purposes and for the purpose of notifying that Entrepreneur has been offered the Opportunity), in perpetuity and without any compensation to Entrepreneur or any review or approval rights, notifications, or permissions.