3.1 To participate in the Competition, entrants must either be:
(a)(i) individuals of 21 years of age or older;
(ii) not subject to any bankruptcy or insolvency proceedings or any proceedings relating to the protection of rights of creditors;
(b)(i) start-ups or small & medium-sized enterprises (SMEs) that are ongoing business concerns; and
(ii) received less than US$20 million in total financing to-date; and
(iii) have an annual turnover of less than US$20 million.
3.2 Participants must be able to travel to and from the Event Location that is nearest the Participant's home location and be present at such Event Location between 09:00:00 - 18:00:00 local time on the respective Event Dates (see Section 2).
3.3 Each Participant must hold a current and valid passport and any other relevant travel documentation required for international travel and is responsible for obtaining the relevant visas to travel to the relevant Event Location.
3.4 Employees of UBS, 100%Open, their respective affiliated and subsidiary companies, and the officers, directors, partners, managers, members, trustees, employees, contractors, agents and suppliers of each (the “Associated Parties”) and the immediate family members and/or those living in the same household of each (collectively, the “Excluded Parties”) are not eligible to enter or win. Immediate family member is defined as husband, wife, civil partner, children, mother, father, sister, sister in-law, brother or brother in-law.
Participants who are affiliated with any Excluded Parties, or who otherwise have a relationship, association, connection or involvement with any Excluded Parties who helped to set up the Competition, or who are involved in administering or managing the Competition (especially in the evaluation or judging of Participants, entries or submissions) or are connected in any way with the Competition are also not eligible to enter or win. An affiliation is deemed to arise if a UBS employee or 100%Open employee is a shareholder, officer, director, partner, manager, member, trustee, employee or agent of a Participant.
3.5 Entries received from persons or residents of countries who are subject to economic sanctions measures imposed by the United Nations, European Union, Switzerland, the United States or any relevant and applicable jurisdiction and/or involving the Crimea Region, Cuba, Iran, North Korea, Syria or Sudan WILL BE VOIDED.