© 2019

Soda Inc.

Wintec House, Level 2 

Cnr of Anglesea & Nisbet Streets

Hamilton

New Zealand

+64 7 974 9111

NZ Startup Bootcamp Terms & Conditions

The NZ Startup Bootcamp (the “Bootcamp”) is scheduled for 17-19 May 2019. The bootcamp time frame is 48 hours. Prior to commencement of the 48 hours, a programme of keynote speakers is scheduled for Friday afternoon. Following the official 48 hours, 6 teams will be selected to share their pitch on stage at the closing ceremony on Sunday. 

Organisers

 

  • The organisers are the team of people responsible for the Bootcamp. The organisers are members of the Soda Inc. permanent staffing team.

 

Participant

  • A participant is a member of a team, a physical person one who is eligible to establish and operate a company in New Zealand who has successfully registered to enter the Bootcamp

 

Participant Teams

 

  • Participant teams must register online at https://www.nzstartupbootcamp.co.nz/ by 26 April 2019. It will cost a donation/koha to register a team and participating teams will receive an email confirmation of their registration.

 

  • A team is eligible to enter if it is composed of a minimum of two and a maximum of eight participants.

 

  • At least 1 of your team members must be a New Zealand resident or citizen and be able to legally set up a company in New Zealand.

  • Only 20 teams will be chosen to participate in the Bootcamp; the Bootcamp organisers will make this decision. The Bootcamp organisers’ decision is final and no correspondence or discussion about the decision will be entered into.

 

  • Only 6 teams will be chosen to pitch on the final night, this decision will be made by the Bootcamp judging panel and is based on your team written submissions.  The judges’ decision is final and no correspondence or discussion will be entered into regarding their decision.

Entry Conditions

 

  • By entering, entrants accept these Terms and Conditions and agree to be bound by them, and to comply with the reasonable instructions of NZ Startup Bootcamp.

  • Soda Inc. is under no obligation to accept any entry. If Soda Inc. has concerns regarding the entry, it reserves the right to refuse entry on this basis alone, without having to provide proof of this concern to the entrants.

  • If you are successful in securing one of the 20 spots in the bootcamp we will ask you and your team for a koha / donation to participate in the event - you can decide what that amount is. 

Team Lead Contact

 

  • A team lead contact must be appointed for each participant team. If not specified, the organisers will consider the person who submitted the original request for an application pack as the team lead contact.

 

  • Team lead contacts may be required by organisers to act as a representative to receive communications on behalf of their respective team members during the Bootcamp.

 

Bootcamp Venue

 

  • The Bootcamp Venue is The Wintec Atrium, Level 1 Wintec House Cnr Anglesea & Nisbet Street Hamilton.

  • Presence by all participants is required during the opening and closing ceremonies. Presence in the Bootcamp facility is not compulsory, however, to get the most out of the event we advise participants to be on site for the Friday afternoon and full days Saturday & Sunday.

 

Business Resources

 

  • Each team will be given a box of resources such as pens, sticky notes, business canvases etc.

  • Teams will receive template documents that are required to be filled out over the weekend for submission to the judges at 3pm on Sunday. 

  • We recommend you bring computers and charging cables to the Bootcamp venue for the weekend.

 

 

Mentors

 

  • A mentor is a person appointed by the organisers to assist participant teams with their participation in the Bootcamp. Mentors provide advice, feedback, ask questions and provide examples but do not work in or with the Participant Teams.

 

  • Mentors are required to be available and on site for at least half of the allocated mentor times.

 

  • Mentors can be dismissed and asked to leave the premises at any time at the organisers discretion.

 

  • Mentor / Team relationships - Mentors will have a dedicated space and participant teams are encouraged to approach mentors for advice. Mentors will also roam the floor and ask teams if they would like feedback.

 

Judges

 

  • A Judge is a person appointed by the organisers to: review submissions; participate in collective decision making of the Judging Panel; select 6 Participant Teams to pitch during the closing ceremony; and to hear the pitches, provide feedback and select winners in two Bootcamp categories.

 

 

Judging Parameters

 

  • Teams will be judged on the following parameters:

 

Top 20 teams:

- 2 Page Executive Summary

- 1 Page Business Model

- Financial Plan (excel)

- Pitch Deck

Top 6 teams:

- 5 minute pitch - 5min Q&A Session with Judges 

Presentations

 

  • The top 6 participating teams will be allocated five minutes each to present their business opportunity to the Judging Panel who will then have the opportunity to ask questions for up to 5 minutes. The time limit will be strictly adhered.

 

  • The presentations will be scheduled to start at the closing ceremony and the selected participant teams will be invited to make presentations in no particular order.

 

Prizes

 

  • Participant teams are eligible for prizes in the following categories:

- New Idea: $10,000 CASH

- Startup: $10,000 CASH

  • Prize money will be paid to one participant team member of the winning team via electronic bank transfer within 1 month of the bootcamp finishing.

 

  • Winners can use their prize money in any which way, however it is advised that prize money is used to progress your business or idea. 

 

  • Teams must contact the Bootcamp organisers to redeem any in-kind or service-based prizes. If these prizes are not collected within 6 months of the Bootcamp being finished, the organisers hold the right to gift these prizes to other Bootcamp participants.

 

Judges’ Decision is Final

 

  • Judges’ decision is final and no correspondence or discussion will be entered into.

 

  • Judges may also choose not to award a category prize to any participant team.

 

  • Judges may also choose to change the prize category (should they find it necessary) as long as the new category contributes towards the purpose of the Bootcamp, which is to encourage the development of high-growth, scalable start-up businesses with a high impact on the economy.

 

Disqualification

 

  • The organisers reserve the right to disqualify any participant/team if they believe the participant/team has breached any of these terms or provided false or misleading information in its entry. Or if the participant/team displays any behaviour which the organisers deem inappropriate. 

 

  • In the event that any participant/team is disqualified from the event, the organisers may withdraw any award or prize awarded to that participant/team and publicise that withdrawal. The organisers, in their sole discretion, may decide whether a replacement participant/team should be selected. In this event, any further participant team will be selected on the same criteria as the original participant/team and will be subject to these terms.

 

Confidentiality

 

  • Participants and teams will retain ownership of their entry.

 

  • Information submitted in the application form is for internal use to but your business / idea description may be promoted in the lead up to the bootcamp. 

Permissions, Photography & Media 

 

  • Participants and mentors agree to being photographed and filmed during this event. Participants grant permission for this footage to be used for promotional purposes.

 

  • Teams that receive prizes agree to be photographed in front of sponsor logos with sponsor representatives and give their consent to the resulting photos being used by the organisers for promotional purposes.  

 

  • Participant teams also agree to provide reasonable time to media to answer media questions. 

 

  • Each team must report on their progress at least every 8 hours by recording a short video using a dedicated kiosk in the Bootcamp venue.

 

  • Tweets/Instagram posts tagged using the #nzstartupbootcamp hashtag throughout the Bootcamp are encouraged but not mandatory.

 

Timing

 

  • Participants who do not report to the Bootcamp venue 30 minutes prior to the start of the Bootcamp will lose their spot and it may be offered to another team. 

 

Preparation

 

  • Preparation for the Bootcamp is encouraged. Organisers may send information, educational videos and tasks to participants to complete in the lead up to the bootcamp. 

Announcement of Winners

 

  • Announcement of the Bootcamp winners will take place on the Sunday night after the Judges have had an opportunity to deliberate and to make their decision.

 

  • Participant teams are required to be present during the announcement.

 

  • Winning participant teams are required to stay afterwards to speak with the media, take photos with sponsor representatives and create video messages of thanks for the sponsors.