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Terms & Conditions
About the Program
The PoweredX program is ‘free’ for the duration of the program period,
participation till product launch, including one month of free support
by the PoweredX
team - which means there is no participation fee, and no equity that is
required to be
shared with the PoweredX team for joining the program.
The entire product development and support will be managed remotely and
communication will be done via acceptable electronic and digital
The program does not require any travel to be incurred by either the
any member of the PoweredX team.
Open Participation via Idea Submission
Any individual, from any part of the world may apply to the program by
sending in their
idea through the PoweredX Idea Submission Form.
PoweredX and the industry experts teams with whom the ideas will be
discussed for shortlisting, will not share the submitted ideas with
anyone outside the
Selected Idea will be announced on the website and team will be communicated thereafter.
The program is intended to design and develop the actual product for
space, which will help entrepreneurs take the product into the market,
or to investors.
The PoweredX team will refine and develop the idea, basis discussions
with the founders
of the selected team.
Team members from selected team must be available to the PoweredX team
for any queries,
discussion, feedback etc., at predetermined times, keeping time zone
mind. This may necessarily lean more towards the PoweredX team’s
The original idea, now refined & mutually agreed, is what will be
related to change/update in project features in between the project may
considered or approved.
Depending on the product requirement, the project may extend beyond the
The working MVP will be released once product is ready to launch.
It may be necessary for reasons beyond our control to change the dates,
timing of the programme, at any time prior to the event date.
All content for the product will be researched, written and given to
the team by the
entrepreneur. PoweredX will not be held accountable for incorrect
content. PoweredX may improve upon/edit the same, as required.
Confidentiality & Security
PoweredX has implemented appropriate technical measures to ensure a
level of security
which we deem appropriate, taking into account the categories of data
we collect and
the way we process it.
The idea and product ownership will remain with the entrepreneur, with
credited for the development work.
PoweredX is committed to safeguarding your personal information.
Categories of personal data collected*
When you interact with PoweredX through our websites or via
email, we receive
personal data relating to you or to someone we deem has
authorised you to
provide this information to us.
Typical cases where we collect your personal data include when you
register for an
event organised by us, when you apply to join as a participant,
partner, sponsor or
investor, when you subscribe to one of our newsletters, when you use
any of the
services we provide or when you interact directly with us via email for
organisational or other purposes.
When you participate in, access or sign up to our program, activities
content, we may receive personal information about you. Depending on
the activity, this
can consist of information such as your name, email address and more
address, or your telephone or mobile number. In particular, if you
submit any data or
create an account on one of our project portals we require a valid
email address to
create the account. By submitting your details, you enable us to
provide you with the
services, activities or online content you select.
uniquely identify a specific computer or other network device on the
visitors to our websites.
*Additional Information: Categories of personal data
Name and address details
Job function and employer details/institutional affiliation
Gender and nationality for statistical reporting purposes as well
as for project
recruitment statistics along with an applicant’s age
Resumes, certificates, performance assessments, reference letters
information for recruitment purposes
Categories of recipients to whom personal data may be
PoweredX will keep your personal data confidential. We will only
disclose it when
required or permitted, or when necessary in order to fulfil the purpose
for which you
provided us your information.
Categories of recipients to whom we may be disclosing
data include the following:
Service providers which are required to keep your information
process your information on our behalf
From time to time, we may share some information with our
collaborators. When submitting data to our databases you opt in to
submitting some personal
information and we assume that you have permission from your
institution to submit
Partner institutions, in order to manage access to
shared facilities, or more generally to collaborate scientifically
Law enforcement and government bodies, in exceptional circumstances
PoweredX will hold your personal data on our systems
for as long as is
considered necessary for the relevant purpose(s) you provided us your
details, or as
long as is set out in (i) any relevant contract you hold with PoweredX;
(ii) in an
PoweredX Document Retention Policy, or (iii) applicable legislation.
Purposes of personal data collection
PoweredX uses your personal data for a limited number of purposes
connected to our
Where we consider using your personal data for other purposes we will
ensure that we
notify you first. You will also be given the opportunity to withhold or
consent for the use of your personal data for purposes other than those
*Additional Information: Purposes for which we may
personal data include the following:
Marketing for PoweredX and/or Nickelfox activities
Technical services, activities or online content and to deal with
your requests and
"Service administration purposes", which means that we may contact
you for reasons
related to the service, activity or online content you have signed
up for, (e.g. to
provide you with password reminders or to notify you that a
activity or online content has been suspended for maintenance)
To contact you about a database submission you have made, including
any content you
provide to us
To provide you with information about our services, activities or
To use IP addresses to identify the location of users, to block
disruptive use, and
to establish the number of visits from different countries
To analyse and improve the services offered on our websites. In
order to provide
you with the most user-friendly navigation experience, we may also
in aggregate (so that no individuals are identified) for strategic
If you cancel your user account in any of our databases or
web portals we
will ensure that your personal information is either deleted or that
will no longer be visible to others.
When you contribute data to a PoweredX database, this
information enters the public
domain and we are likely to store it permanently.
Thank you for subscribing to PoweredX.
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