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Chinook Entrepreneur Challenge Page 4
(c)
is a member of the Chinook Entrepreneur Challenge Advisory Board or Organizing
Committee, judge or any partner or business associate of a judge, staff member (or
staff equivalent), or any of the immediate family of the above that are on a team, is a
Mentor in the current competition year or operates with some formal business
relationship with a Participant;
(d)
solicits Mentors and/or judges directly in which case the Participant will be disqualified;
(e)
has won first place in the Challenge in the past five years;
(f)
exhibits conduct which is unlawful, would reflect poorly on the reputation of the
Challenge, is harmful with malicious intent to any of the sponsors in any way, or for any
other reason at the discretion of the Organizing Committee;
(g)
submits a plan that:
(i)
does not meet the minimum submission guidelines as published above and
on the website.
(ii)
exceeds the maximum length for any section outlined in this handbook.
(iii)
uses a font, heading, line length, or margins in such a way that the amount
of text on any given page exceeds the limit available using the
recommended page setup and font specifications;
(iv)
does not have a signed Participant Agreement, Nondisclosure Agreement,
and Plan Submission Checklist.
(v)
Does not agree to the terms and conditions outlined in this handbook.
3.
Prizes
Winners must use proceeds to fund the execution of the business plan in the Challenge
Region by December 31, 2008. Semifinalists must disclose how they would utilize the prize
money. The use of funds must be verified in writing by the Participant and may be subject
to an audit at the discretion of the Organizing Committee. Note: A cheque for the prize
money will only be deposited into a business bank account in the Challenge Region and
the services provided as prizes will only be provided to this same business.
4.
General
(a)
All claims regarding eligibility will be considered prior to May 29, 2008. Any claims after
that period will be accepted only at the discretion of the Organizing Committee.
Decisions made by the Organizing Committee regarding eligibility are final.
(b)
Decisions made by the Judging Panel are only subject to ratification by the Organizing
Committee. Decisions made by the Judging Panel on July 18, 2008 are final. In the
event that a winner does not meet the requirements for the use of funds or is
disqualified for any reason, the cash will be reallocated to the future operations of the
Challenge and any other prizes will be dealt with at the discretion of the Organizing
Committee.
(c)
Organizing Committee has the right to refuse entry to any individual or team.
(d)
All decisions made by the Organizing Committee are final.
(e)
Organizing Committee has the right to amend this document and the conduct of the
Challenge at its discretion even if the Challenge has commenced so that the Organizing
Committee can best conduct the Challenge in the way that it feels is best having regard
to the circumstances.
(f)
The Organizing Committee and the Judging panel have the authority to not award a
prize or prizes if, in their sole unfettered discretion, they feel that the nature of the
submissions tendered were not of the type or quality contemplated in the Challenge.
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