GENERAL RULES

  • There is no fee for entry.

  • Submissions may be entered by individuals or teams.

  • Each team may enter one idea - in the form of a pitch deck.

  • Each team must have at least one person who is a student, faculty member, researcher or recent graduate (within the current calendar year) at the time of submission.

  • Students must submit their @UNIVERSITY email address at submission time.

  • Entries must be the original work of entrants.

  • Teams must disclose any funding already received at the time of registration.

  • The Judging Panel reserves the right to disqualify any entry.

  • InTeahouse is not responsible for arranging or providing participants with a USA visa for attending the final global round of the in7 Competition

ELIGIBILITY DETAILS

By submitting a business plan, you represent and warrant to the InTeahouse in7 competition that you have all right, title and/or interest in the business plan submitted and the information it contains is accurate and complete, and that by submitting the document to the InTeahouse in7 Competition you are not and will not be violating any contract or third party rights including any patent, copyright, trade secret, proprietary or confidential information, trademark, publicity or privacy right.

The Judging Panel of the InTeahouse in7 Competition reserves the right to disqualify any entry that in its judgment violates the letter or the spirit of the Competition guidelines, processes and rules of the InTeahouse in7 Competition. The decisions of the Judging Panel are final and binding.

PRIZE PAYMENTS

  • Equal shares of any prize money won will be paid to each individual on a winning team.

  • The individual recipients of prize money will be responsible for the tax implications of their winnings.

  • Teams may forfeit their individual shares of prize money in favor of granting the full amount of the prize money to a registered business entity if, and only if, all of the following conditions are met:

    • Team's business entity has a Federal Tax Identification Number (also known as an Employer ID Number) by 15 days prior to the finals date.

    • All members of the team have agreed in writing to forfeit their individual portions of the prize money in favor of granting the full amount of the prize money to the registered business entity. We strongly recommend that teams seek legal consultation prior to signing such an agreement.

  • ITH may take up to 7% equity in the startup that wins the global competition ($70,000 prize) that takes place on January 15, 2019.