Terms & Conditions and Privacy Policy for the Applications of the Luxury Innovation Awards 2023

Terms & Conditions and Privacy Policy for the Applications of the Luxury Innovation Awards 2023

This document was last updated on 5 May 2023.

By applying for the Luxury Innovation Awards, you consent to the following terms & conditions:

Organizer
The Luxury Innovation Awards is organised by Luxury Venture Group Sàrl, with a registered office at Rue François-Bellot 7, 1206 Geneva, Switzerland (“we”, “us”, “our”).

Eligible Applicants
Applications are open to companies that develop products or provide services in the luxury and related sectors. The application is open to companies based all over the world.

Each applicant competes within one of the five Luxury Innovation Awards categories listed below:

  • Sustainable Luxury
  • Technology, Innovation, and E-commerce in Luxury
  • Luxury Lifestyle, Beauty and Wellness
  • Luxury Fashion, Art and Design
  • Luxury Watches, Jewellery and Accessories

Requirements:

  • The company was formed in 2008 or after.
  • A clear outline that shows your market has been identified and validated and that the needs of potential customers are addressed.
  • Your product, service, or tech must be in luxury and belong to one of the award categories

Application and Selection Process
The dates here below are given for information purposes only. If needed, they may be modified at our sole discretion. We may shorten, suspend, postpone, or modify the Luxury Innovation Awards competition without being held accountable or liable and without being deemed to cause harm or loss of opportunity to the applicants at any point in the application and selection process.

Application Period and Form
The application period starts on 10 March 2023 and ends on 11 June 2023 at 11:59 p.m. CET.

Applications, including the full application package as defined in the application form on our website, must be submitted over the application form within the application period. We are not responsible for late, lost, or misdirected applications. Incomplete, ineligible, or incomprehensible applications will be deemed invalid, and late applications will not be considered.

Notification of Shortlisted Applicants and Finalists

  • 11 June 2023 – Applications closed
  • 14 June 2023 – Announcement of 25-30 Semi-finalists
  • 15 June till 25 June 2023 – Semi-finalists’ online pitches in front of the jury
  • 30 June 2023 – 15 Finalists announced
  • 18-20 September 2023 – Luxury Innovation Summit and Awards Ceremony

Luxury Innovation Awards Finalists
Based on the application’s documentation submitted and the online pitches, our Jury will select the top 15 finalist startups (3 per category) by 30 June 2023 as the Luxury Innovation Awards 2023 Edition Finalists (“The Finalist”).

The Finalists will then perform their final pitch physically during the Luxury Innovation Summit in Geneva, scheduled for 18-20 September 2023, and compete in the Luxury Innovation Awards.

Decisions
By applying, all applicants acknowledge and agree that all decisions of our team and Jury members regarding the Luxury Innovation Awards application process are final and cannot be appealed in any form.


Application Dates:
Entries Open on 10 March 2023
Final deadline on 11 June 2023 at 23:59 CET

Application Fees and Costs
The fee is in CHF and excludes VAT.
Application Fee: CHF 350

The fee for participating in the Luxury Innovation Awards is non-refundable.

The applicant is responsible for personal expenses, including travel, accommodation for the selection meeting, individual marketing contents, or any potential setup/participation in the Luxury Innovation Summit booth/stand (if any) in Geneva.

Benefits

Emerging luxury brands and startups participating in this unique opportunity will gain direct access to some of the luxury industry’s leading investors and decision-makers during the Luxury Innovation Summit in Geneva.

  • All finalists will make their final pitch in front of the attendees of the Luxury Innovation Summit 2023.
  • All finalists and semi-finalists will receive two free tickets for the entire Summit.
  • All finalists will be exclusively video interviewed at the Summit.
  • All finalists will receive exclusive coverage by LVG Media, including press releases, social media, and websites.
  • All finalists’ contact details will be shared with all the invited press for any possible exclusive coverage or interview.
  • The winner will receive a prestigious trophy and powerful attention from the Summit Podium.
  • The winner’s brand will come to the attention of the people who matter the most and allow their company to take a giant leap ahead of its competitors, such as luxury brands and investors.

Privacy Policy

These Terms & Conditions and Privacy Policy govern the use of the Luxury Innovation Awards website and the submission of applications for the awards. By using the website and submitting an application, the applicant agrees to comply with these Terms & Conditions and Privacy Policy.

Intellectual Property
To participate in the Luxury Innovation Awards, the applicant shall provide documents such as photographs, videos, the company’s presentation deck, and other visual or audio material to the organiser.

We may use the documents provided freely by the applicant for presentation, communication, and promotion of the Luxury Innovation Awards, of the applicants and their products/projects, including the institutional communication of Luxury Venture Group.

Unless expressly and precisely communicated by the applicant, we are therefore allowed to reproduce or have reproduced all or parts of the documents provided, temporarily or permanently, by any process or medium, whether physical or digital.

As such, the applicant grants us a final and irrevocable, but not exclusive, license on all the property rights related to the provided documents, including copyrights, rights to registered or unregistered designs, rights to registered or unregistered trademarks, recognised by the laws and regulations of all countries as well as by present and future international conventions. This license is granted free of charge for the entire world and the statutory periods of the intellectual property rights in each country, including their possible extensions.

Licence for the use of Submitted Documents
Under the license granted by the applicant, Luxury Venture Group is allowed to use all or parts of the documents submitted on the Luxury Innovation Awards website to assess and select the applications by our team and the Jury, as well as for presentation, communication, and promotion of the awards.
The license allows Luxury Venture Group to reproduce, represent, adapt, transform, arrange, modify, add, and translate all or parts of the documents submitted on any medium, whether physical or digital, and by any means of publication, diffusion, and broadcasting, such as any electronic communication medium and social media.

Guarantees by the Applicant
For the purpose of the organisation of the Luxury Innovation Awards, the applicant guarantees to Luxury Venture Group:
The legal existence of intellectual property rights is related to the documents submitted. The applicant commits to realising the necessary due diligence to maintain and, should the need arise, renew those rights and incur the relative expenses.
That the applicant is the owner of all the intellectual property rights that allow him/her to submit the documents on the Luxury Innovation Awards website and to grant the aforementioned license, and that he/she has obtained, when relevant, the permission to submit the documents and grant that license, from all persons who may have contributed to the creation of such documents.
That the documents submitted do not infringe upon the rights of any third party and that they are not contested or subject to legal infringement, invalidity, cancellation, or challenging action.

Use of Visual or Audio Material
Suppose the applicant is selected as a finalist. In that case, the applicant grants Luxury Venture Group the right to use pictures and videos of any booth and its presentation at the Luxury Innovation Summit in Geneva, as well as any other related visual or audio material for public communication purposes, such as promotion, public relations, or media communication.

Contact Information
If the applicant has any questions or suggestions about the Terms & Conditions and Privacy Policy, they may contact Luxury Venture Group at info@lvg.swiss.

Changes to Specifications
In the interest of continuous improvements to the program, Luxury Venture Group reserves the right to change specifications at any time and without prior notification.

Litigation
By participating in the Luxury Innovation Awards, the applicant agrees to comply with all the terms and conditions set forth herein and accepts them unconditionally and without reservation. Any practical difficulties in interpreting or implementing these terms and conditions shall be resolved solely and ultimately by Luxury Venture Group.

These terms and conditions shall be governed and construed in accordance with Swiss laws. In the event of any dispute, the applicant expressly agrees that Swiss courts shall have exclusive jurisdiction, and the dispute shall be submitted to the Court of Geneva, Switzerland.

It is important to note that the above clause regarding litigation is crucial, as it sets forth the procedure to be followed in the event of a dispute. By accepting these terms and conditions, the applicant agrees to resolve disputes exclusively through the Swiss legal system. This clause is in keeping with Swiss law and best practices in international dispute resolution.