Terms & Conditions
for the MAD Ideas competition 2007
1. All ideas submitted as entries must belong to you or one of your team members. If the idea is owned jointly, you must register each team member against the idea entry.
2. By submitting an entry webform, you attest to your right to present these ideas as your own or your team’s and to their originality.
3. All ideas entered by a team will be assumed to be owned equally by each party. I.e. if two people enter, the idea will be owned 50% by each entrant, if three people, ownership will be split 33.3% each and so on.
4. You must take care to keep your ideas confidential; all submitted ideas will be treated in the strictest confidentiality by the competition team and judges.
5. If you are considering developing your project after the competition and you have not kept your idea confidential you may compromise your intellectual property (IP) rights. Ask your enterprise department for further advice or click here information about IP. To find out about IP in general, visit the Intellectual Property Office's website.
6. Students should be aware that any ideas developed in the course of projects in conjunction with staff or an external organisation may have implications as to the ownership of intellectual property. Each university has an IP policy, and each university's policy is different. It's important, if you're working with staff or postgraduate students, to know where you all stand regarding the ownership of your idea, so contact your university MAD Ideas representative for more information. (See the "Can I Enter" page for your university contact)
7. Staff members of the Universities in the SEEDA region are eligible to enter as long as they enter as part of a student team. There must be no less than two students entering and a student must be the lead entrant.
8. Entries will be judged after the closing date of 14th January. Students who have succeed at stage one of the competition will be invited to the residential MAD Camp in February 2007.
9. Teams of students who succeed to the second round of the competition will be allocated three places at the MAD Camp.
10. By entering the competition, and by agreeing to these terms and conditions, you are agreeing to share your contact details with your own University enterprise representatives, with WestFocus and with the National Council for Graduate Entrepreneurship. Your details will not be shared with any third party.
11. Any winners will be obliged to allow their names to be used by SEEDA for publicity purposes.