Award and Voting Rules, Terms, and Conditions
NOTE: THE STREETSHARES FOUNDATION IS A REGISTERED NONPROFIT PRIVATE FOUNDATION AND A SEPARATE AND DISTINCT ENTITY FROM STREETSHARES, INC., A FOR-PROFIT COMPANY. THE POLICIES AND PROCEDURES OF STREETSHARES, INC. MAY NOT APPLY TO STREETSHARES FOUNDATION. ONLY THE RULES, TERMS, AND CONDITIONS CONTAINED HERE GOVERN THE STREETSHARES FOUNDATION, ITS MATERIALS, AND AWARD PROGRAM.
Binding Agreement: In order to enter the StreetShares Foundation (“Us”, “We”, “Foundation”) Veteran Small Business Award grant contest, entrants (“entrant”) and voters ("voter"), collectively "you", must agree to the foregoing rules. Please read these rules carefully prior to entry to ensure you understand and agree to the terms that are set forth. You agree that by submitting an entry into the Burt Williams Memorial Veteran Small Business Award you are agreeing to these rules. You also agree that you understand that you may not submit an entry to the contest and are not eligible to receive the prizes listed in these rules unless you agree to these rules. These rules form a binding legal agreement between you and the Foundation.
NO PURCHASE NECESSARY, VOID WHERE PROHIBITED BY LAW. The Veteran Small Business Awards are offered by the StreetShares Foundation, located at 1900 Campus Commons Dr., Suite 200, Reston, VA 20191. All terms are subject to change at our sole discretion.
Prize: The Foundation’s Veteran Small Business Award grant is awarded to individual persons who have been chosen as winners of the Veteran Small Business Award and are comprised of a total pool of $50,000. Each periodic prize pool is broken down into First, Second, and Third place awards, as follows:
The grant funding awarded is approved for equipment purchases, staffing, marketing, operations and product development relating to the business under which the entrant has applied. Additional purposes may be approved at the discretion of the StreetShares Foundation staff.
Eligibility and Entry Instructions: The Veteran Small Business Award grants are open to US Persons who are at least 21 years of age. Contest entrants must be an honorably discharged veteran, reserve or transitioning active duty member of any of the United States Armed Forces or the surviving spouse or child of a Military Member who died on active duty (i.e., a "Gold Star" family member). Military Member means an honorably discharged veteran, reserve or transitioning active duty member of any of the United States Armed Forces. Entrants must own at least 51% of the business entity under which Entrants apply. If the entrant does not possess a minimum of 51% ownership of the business entity under which the Entrant applies, the entrant will only be eligible if the business is majority owned by United States Military Members and will be required to provide proof of Military Member status and business ownership to the StreetShares Foundation staff. Business entities, as defined in these rules, are considered sole proprietorships, legally incorporated LLCs, S-Corps, or C-Corps (or formal partnerships) created under the laws of any U.S. jurisdiction. Entrants must engage with our small business educational content in order to be eligible. Content consists of downloading the materials such as the “Ultimate Guide For Veteran-Owned Small Businesses” and viewing one or more of a series of videos produced by us. An Entrant’s download and video view activity will be tracked to verify participation in accordance to these rules. Only one entry per entrant. Winners of any previous Foundation award are not allowed to re-enter the contest utilizing a business entity that was part of a prior StreetShares Foundation award.
For questions regarding eligibility, please email email@example.com
Entrants will create a short video of 2 minutes or less in duration in which the entrant will introduce their business and/or product and pitch the Foundation as to why they should be selected for the award by discussing the vision of their firm, goals and the impact and/or anticipated use of the prize if chosen as a winner. The entrant is to mention their connection to the military and veteran community and the social impact of their business on the military and veteran community.
If the video is longer than 2 minutes, judges will only view and evaluate the applicant based on the first 2 minutes of the video. To be eligible, the entrant’s video must be submitted through the Foundation website. The Foundation will not accept submissions for the Veteran Small Business Award grant sent to us via any means other than the StreetShares Foundation website. The deadlines will be announced on the Foundation website at http://go.streetshares.com/streetshares-foundation-veteran-small-business-award.
Judging Criteria: The pitch will be evaluated by a Foundation judge or judges across a number of criteria. Criteria to be a Finalist will include: business idea/potential, potential impact/use of award funds, product-market fit, team/history, and social impact of the business on the military and veteran community. The winners of the grant competition are chosen from the Finalists of each Award period and are determined by public vote on the StreetShares Foundation website. The three winners of the grant competition will pitch live at the MGM National Harbor in front of a live audience. The audience will vote to determine the recipients of 1st, 2nd and 3rd place.
The Finalists’ submissions are displayed to the public on the voting page. The public will then vote to determine which three military veteran entrepreneurs will receive grant funding. The StreetShares Foundation will feature 8-15 finalists during each cycle of the award. The public will determine the winners. Voting periods will last for a duration of approximately three weeks. The three entrepreneurs with the most votes will receive the opportunity to pitch live at the MGM National Harbor on April 18th in front of a live audience. The live audience will vote to determine which entrepreneurs will receive the awards for first, second and third place.
Voting: Only one vote is permitted per individual. Individuals must submit a valid email address in order to vote. The Foundation will monitor voting activity for suspicious behavior, use of bots, ineligible mass voting, submitting more than one vote per person, or similar behaviors. The Foundation reserves the right to exclude votes that it suspects violate the one-person-one-vote valid-e-mail rule. Votes will be counted at the sole discretion of Foundation staff.
Tie-Breakers: In the event of a tie, the Foundation will review the submissions weighting the video most heavily on the impact and/or connection that the business will/may/have/has the potential to have on the military and veteran community.
Submissions: By submitting a “pitch", the entrant warrants and represents that it: (a) is the entrant's original work, (b) does not infringe upon the copyrights patent, trademarks rights of privacy, publicity or other intellectual property or other rights of any person or entity; (c) that the entrant has obtained permission of from a person whose name, likeness or voice is used in the entry and (d) and that publication of the ideas contained in the entry via various media including web posting, will not infringe on the rights of any third party rights. Entrant(s) will indemnify and hold harmless StreetShares Foundation, Boston Beer Company, Victor 12 or any of our sponsors from any claims to the contrary.
Submission Content: By submitting a video application, the entrant automatically grants, and the entrant represents and warrants that they have the right to grant to the foundation, an irrevocable, perpetual, non-exclusive, transferable, fully paid, worldwide license (with the right to sublicense) to use, copy, publicly perform, publicly display, reformat, translate, excerpt (in whole or in part), and distribute such user content for any purpose on or in connection with the website or the promotion thereof, to prepare derivative works of, or incorporate into other works, such user content, and to grant and authorize sublicenses of the foregoing.
StreetShares Foundation Website Content: all content on the website, including but not limited to designs, text, graphics, pictures, video, information, software, music, sound and other files, and their selection and arrangement, are the proprietary property of StreetShares Foundation with all rights reserved. No website content may be modified, copied, distributed, framed, reproduced, republished, downloaded, displayed, posted, transmitted, or sold in any form or by any means, in whole or in part, without the prior written permission.
Publicity: By entering the contest, entrants agree to participate in any media or promotional activity as reasonably requested by the Foundation and agree and consent to use of their name and/or likeness by the Foundation. StreetShares Foundation will contact entrants in advance of any Foundation-sponsored media request for interviews.
Right to Cancel or Modify: StreetShares Foundation reserves the right to cancel, modify or suspend this contest at any time in their sole discretion.
Limitation of Liability: Entrant agrees to hold harmless and releases StreetShares Foundation and its partners from any liability for any technical errors or other like issues that may interrupt or affect the ability of the Foundation to carry out the awards contest as planned.
Right to Substitute: StreetShares Foundation reserves the right to substitute any award under the StreetShares Foundation Veteran Small Business Awards for another award of equal or greater value if, for any reason, the stated prizes are unavailable.
Governing Law: This contest and its official rules are governed by the law of the Commonwealth of Virginia. Entrants also waive all rights to jury trials and the parties agree that any dispute will be resolved through binding arbitration. The party initiating arbitration shall do so with the American Arbitration Association and the parties agree that the law of the Commonwealth of Virginia applies, without regard to conflict of law provisions.
General Release and Indemnification: All entrants and voters to the Veteran Small Business Awards agree to release and hold harmless StreetShares Foundation and its partners from and against any and all claims associated with the contest. Entrants and voters indemnify the Foundation at all times from and against any liability, claims, demands, losses, damages, costs and expenses resulting from any act, default or omission of the entrant and voters and/or a breach of any warranty set forth herein. As an entrant or voter to this contest, you agree to defend, indemnify and hold harmless the Foundation from and against any and all claims, actions, suits or proceedings, as well as any and all losses, liabilities, damages, costs and expenses (including reasonable attorneys fees) arising out of or accruing from: (i) any material uploaded or otherwise provided by the entrant that infringes any copyright, trademark, trade secret, trade dress, patent or other intellectual property right of any person or defames any person or violates their rights of publicity or privacy; (ii) any misrepresentation made by entrant in connection with the contest; (iii) any non-compliance by entrant with these Rules; (iv) claims brought by persons or entities other than the parties to these rules arising from or related to the entrant's involvement with the contest; (v) acceptance, possession, misuse or use of any prize or participation in any contest-related activity or participation in the contest; (vi) any malfunction or other problem with the contest website in relation to the entry and participation in the contest by entrant; (vii) any error in the collection, processing, or retention of entry or voting information in relation to the entry and participation in the contest by entrant and in the voting process by consumers; or (viii) any typographical or other error in the printing, offering or announcement of any prize or winners in relation to the entry and participation in the contest by entrant.
Grant Reporting Guidelines: The StreetShares Foundation requires that narrative and financial reports be submitted together on a schedule established in the Foundation’s award letter, or as modified in subsequent correspondence. When preparing reports, grantees should review the StreetShares Foundation’s Rules, Terms and Conditions, which are also available from the StreetShares Foundation staff. The financial accounting should pertain only to the StreetShares Foundation Veteran Small Business Award grant.
If unusual circumstances arise in which a reporting delay occurs, please promptly inform the StreetShares Foundation staff (firstname.lastname@example.org). The Foundation reserves the right to suspend and/or require the return of funds for delinquent or unsatisfactory reporting.
Reports should be submitted to the Foundation staff (email@example.com). Please enter the report details on the supplementary forms provided by the foundation staff and upload attachments as necessary.
Please do not hesitate to contact Foundation staff with any questions regarding these guidelines.
Each awardee is required to recount and evaluate the use of grant funding during the reporting period.
The narrative report should include the following:
Financial Accounting Reporting
Recordkeeping: Grantees are required to retain all accounting records, detailing all receipts and expenditures, for a minimum of three years following submission of the final grant report. The StreetShares Foundation reserves the right to conduct audits, on and offsite, of records related to the use of grant funds. The StreetShares Foundation reserves the right to request the return of awarded funds, disallow expenditures, or take other remedial actions in cases in which spending is not consistent with the budget proposed by the grant recipient.
Taxes: By accepting the award, winners agree that are solely responsible for any and all tax liability for which may be incurred under federal, state or local law and the StreetShares Foundation and/or any partners bear no responsibility to the winner regarding taxes.
General Provisions: All federal, state and local laws and regulations apply. The Foundation reserves the right to disqualify any entrant from the contest if, in the Foundation’s sole discretion, it reasonably believes that the entrant has attempted to undermine the legitimate operation of the contest by cheating (e.g. utilizing bots to vote for a winner), deception, or other unfair playing practices or annoys, abuses, threatens or harasses any other entrants, the Foundation, the Foundation’s partners, or the Judges.
Digital Millennium Copyright Act: If you believe that any material on the Site infringes upon any copyright that you own or control, you may send a written notification of such infringement to our Designated Agent as set forth below:
Attention: Legal Department
1900 Campus Commons Dr., Suite 200, Reston, VA 20191
To meet the notice requirements under the Digital Millennium Copyright Act ("DMCA"), the notification must be a written communication that includes the following: