This document was last updated on 09 March 2023.
By applying for the Young Talent Luxury Innovation Awards, you consent to the following terms & conditions:
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”).
Applications are open to teams (not companies) composed of 2 to 5 individuals who have obtained a Bachelor’s or a Master’s in 2022 or will graduate (Bachelor’s or Master’s) in 2023/2024.
The application is open to individuals based all over the world.
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.
The application period starts on 10 March 2023 and ends on 10 July 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 Winners
By applying, all teams 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.
The application is free of charge.
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.
Future entrepreneurs in luxury who take part 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.
These Terms & Conditions and Privacy Policy govern the use of the Young Talent 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.
To participate in the Young Talent 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 Young Talent 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.
Under the license granted by the applicant, Luxury Venture Group is allowed to use all or parts of the documents submitted on the Young Talent 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.
For the purpose of the organisation of the Young Talent 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 Young Talent 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.
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.
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.
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.
By participating in the Young Talent 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.
