Purpose of the Entrepreneur Award Competition
The following guidelines are intended to establish the rules for participation in the Twelfth Edition of the
Entrepreneur Award competition organized by the everis foundation, as well as the Latin American
Innovation and Entrepreneurship Awards listed at the end of the document.
The everis foundation Entrepreneur Award will be granted to the candidate whose proposal focuses on
the commercial exploitation of a technological, management, social or environmental innovation.
The everis foundation Entrepreneur Award is subject to the conditions specified below, which include eligibility criteria for participation, the selection criteria to nominate the finalists and winners, the content
of the proposals and other conditions.
Any natural or legal person with a project or company that is already operating or has already been set up, provided that he/she fulfills the requirements established in the rules. There are no restrictions related to the country of origin of the competing company, project or person. The everis foundation’s Entrepreneurs’ Award is not incompatible with participating simultaneously in any other competition or with having won any other prize.
Neither everis group employees nor their relatives within the second degree of consanguinity or affinity will participate.
Candidates shall submit their proposals through the everis foundation website, www.fundacioneveris.com, by June 3, 2013, at 7:00 p.m. (Spain). To sign up online, go to the Awards section, then the 2013 Contest subsection and click on the “Sign Up” link.
The proposal submitted by the entrepreneur shall include a Business Plan developed in sufficient scope
and detail to justify its viability and to allow subsequent monitoring. The proposal may be submitted in
either Spanish or English.
The proposal should contain at least the following, well distinguished and identified according to the
1. Brief description of the project. Maximum 300 words.
2. A report describing the research results on which the idea, product, innovation or methodology referred to in Rule One is based, along with the rationale for commercial exploitation. Likewise, the innovation’s
technical characteristics, feasibility and possible industrial or commercial applications, where applicable,
should be specified.
3. The entrepreneur’s or entrepreneurs’ resumes describing the professional and technical competencies of the person or persons promoting the idea. Any information to verify the entrepreneur’s profile and management skills shall be highly regarded.
4. A Marketing Plan identifying and describing the potential market and target customers, and where
appropriate, possible competitors or entry barriers, as well as other issues demonstrating the
entrepreneur’s awareness of the idea’s commercial aspects.
5. Financial projections, made up of profit and loss accounts, balance sheet and cash flow forecasting, identifying and explaining the main assumptions adopted for its development, as well as details of the required investment and wages and/or salaries to be provided for the entrepreneurs.
6. An affidavit attesting that the candidates:
a. Accept and comply with the rules.
b. Have submitted accurate information.
c. Are the authors of the ideas submitted and have not made use of privileged or registered information without the appropriate authorization.
d. Are responsible for any claim on intellectual property or the use of proprietary information and free the everis foundation from any liability against any possible claim.
e. Undertake to provide any additional information that may be required.
f. Undertake to notify any changes to the team prior to the date the winners are announced.
7. Candidates should send a video defending their project. The video must meet the following technical
Valid formats: .wmv, .mpeg, .avi, .mov, and the like.
Maximum length: 5 minutes
Maximum size: 50 MB for each of the files.
Additionally, any information about the entrepreneurs’ experience launching a business and/or experience
in different areas of business management shall be valued, as well as the access they may have to any
facilities (business incubators, science and technology parks, etc.) that may facilitate the development and
commercialization processes of the research results.
The everis foundation may request to interview the finalists to meet the entrepreneur or team of
entrepreneurs, as well as permission to visit their workplace and get additional clarification of the various
parts of the proposal, in other to gain the most comprehensive understanding of the new company and its
Proposals received by the everis foundation will not be returned to candidates.
Payment of Awards. Partnership Framework Agreement
The everis foundation will contribute to the development and launch of the new company through a prize of € 60,000, (henceforth referred to as “the prize”). This prize money will be released in phased payouts according to the funding needs identified in the company´s Business Plan, until the total amount has been given. This type of financial contribution is consistent with any such grant or contribution from third persons or entities.
Likewise, the everis foundation may award a second prize to projects which have been finalists; an amount of € 40,000 will be dedicated to this purpose.
Concurrent with the award, a framework agreement for collaboration shall be subscribed, under which the
everis foundation and the award recipient shall set forth the terms and conditions for their collaboration in
the winning project. This document shall explicitly state, as agreed by the parties, that the everis
foundation shall fund the project and temporarily become part of the current or future company, and its
investment shall be made according to the financial model set out to that effect in the framework agreement for collaboration, while taking on the condition of partner, shareholder and/or member of the
The everis foundation shall monitor the winning project and the carrying out of its Business Plan through
the involvement of an appointed person, who shall act as a non-voting observer in board meetings of the
company incorporated or to be incorporated, as well as in any of the follow-up meetings convened by the
company for that purpose.
Personal Data Protection Act (LOPD)
In compliance with regulations concerning the handling of personal data, the everis foundation informs
you that it manages a personal data file. The personal data included in the project that you have
submitted to the "Entrepreneur Award” and those obtained in the context of your application to these
awards, including email, will be processed by the everis foundation in order to keep you informed of
contest information and foundation award decisions, send you information related to foundation activities,
and send you (by any means, including electronic messages) information on news, activities, products,
services and/or other information that may be of interest regarding the everis Group. By completing this
form, you expressly agree that these data may be transferred for the purposes specified to other everis
Group entities, some of which are located outside the European Economic Area or in countries that do not
have an adequate level of personal data protection according to the European Commission. For
information about these entities you may visit the www.everis.com website.
However, if you do not wish your data to be processed for the purposes described by the everis
Foundation or wish to exercise your rights of access, rectification, cancellation or opposition, please send
us an email with your request addressed to email@example.com or in writing to the Marketing
Department at the following address: Avenida Manoteras, 52 – 28050, Madrid.
Acceptance of the Rules
Participation in this event implies the acceptance of all above rules governing the competition, without exception or restraints as well as of any resolution adopted due to occurrences.
Basis in English: http://fundacioneveris.com/Documents/Entrepreneurs%20Award%202013_ENG.pdf
Basis in Spanish: http://www.fundacioneveris.es/Documents/Bases%20Emprendedores%202013_CST.pdf
Basis in Portuguese: http://www.fundacioneveris.com/Documents/Convocatória%20Emprendedores%202013_PT.pdf
For further information send us an e-mail to firstname.lastname@example.org.