Terms and Conditions

1. The Mediapreneur Incubator is set up by Mediacorp Pte. Ltd. ("Mediacorp"). It aims to provide a conducive operational platform for innovative seed stage media-related start-ups to be nurtured and developed into high growth high tech companies Applicants are invited to submit business proposals ("Proposal") in accordance with these Terms and Conditions. By submitting the applicable form, each applicant agrees and accepts to be bound by these Terms and Conditions. Mediacorp may revise these Terms and Conditions at any time by posting an update to this page.

2. Applicants shall be: (a) legally registered and subsisting corporate entities; or (b) individuals who are 18 years old and above (or who have reached the age of majority in their home country) as of the date of submission of the Proposal. The applicant(s) warrant to Mediacorp that they have the legal capacity and/or the full right and authority to submit the entry form and participate in this funding scheme in accordance with these Terms and Conditions. All applicants for the Incubator Programme shall submit their business proposals via the application form provided on The Mediapreneur website at www.Mediacorp.sg/themediapreneur.

3. The applicant(s) shall ensure that all relevant details and information (the "Particulars") as required on the application form and/or requested by Mediacorp from time to time are provided and that all Proposals shall be in English. Applicant(s) may also be required to make a presentation of their respective Proposal(s) to Mediacorp. Each applicant confirms that all information provided is complete, true and accurate, and expressly authorizes Mediacorp to provide any information disclosed to any party for any purpose in connection with this funding scheme. Any misrepresentation of any fact or Particulars (deemed material by Mediacorp) shall result in disqualification and/or the forfeiture, withholding or withdrawal from participation in the funding scheme.

4. Each applicant represents and warrants that (i) he/she possesses the exclusive rights to each Proposal submitted hereunder and that no Proposal shall infringe the intellectual property, privacy or other rights or interest of any third party or may result in any other liability; and (ii) each Proposal will not contain anything that is libelous, defamatory, obscene, indecent, harassing or threatening or otherwise offensive or objectionable.

5. All Proposals will be evaluated by Mediacorp and where considered suitable, Mediacorp shall grant acceptance for the startup to join The Mediapreneur Incubator. The equity stake taken for the funding provided grant shall be considered on a case by case basis, depending on the deemed valuation of the startup.

6. Applicant(s) will be required to follow any procedures and/or instructions specified by Mediacorp from time to time, and execute necessary undertakings, warranty, release and assignment documents (as necessary and as applicable). As and when required by Mediacorp, each applicant shall produce his passport or identification card for verification purposes.

7. Each applicant hereby expressly and irrevocably consents to, and grants to Mediacorp, its principals, agents, representatives, successors and/or assigns the right to use the applicant's Particulars in any manner as Mediacorp shall see fit.

8. The applicant(s)’ personal data will be collected, used, disclosed and/or processed by Mediacorp for the following purposes:
(a) For verification and record of the applicant(s)’ personal particulars including comparing it with information from other sources and using the information to communicate with the applicant.
(b) For research and analysis, including surveys and polls.
(c) For promotion and publicity purposes.
(d) To send the applicant notices, information, promotions and updates including marketing and advertising materials in relation to Mediacorp’s goods and services and those of third party organizations selected by Mediacorp whether electronically or otherwise.
(e) To contact the applicant by phone or email for future similar event or activity.
(f) To comply with any request from any third party or any order of court or directive from authorities investigating any alleged offence or misconduct or for the purposes of taking legal action against the applicant(s).

9. By agreeing to these Terms and Condition, each applicant:
(a) consent to Mediacorp collecting, using, disclosing and/or processing the applicant(s)’ personal data for the purposes as described in Clause 8 above;
(b) consent to Mediacorp transferring the applicant’s personal data out of Singapore to Mediacorp’s third party service providers or agents for the purposes as described in Clause 8 above.
If the applicant(s) have any questions relating to Mediacorp’s collection, use and disclosure of the applicant(s)’ personal data, please contact Mediacorp’s Data Protection Officer at dpo@Mediacorp.com.sg.

10. Each applicant irrevocably releases Mediacorp from and against any and all claims, suits, liabilities, or damages which the applicant may have in connection with his/her Particulars, being (i) used by Mediacorp (or any third party which Mediacorp has released the Particulars to) in any manner or format; or (ii) disclosed or otherwise provided by Mediacorp to any third party as provided herein.

11. The applicant shall not, without the prior written approval of Mediacorp, speak to the press or any other media nor give any interviews or comments relating to The Mediapreneur Incubator. The applicant shall not disclose any information whatsoever relating to Mediacorp and/or any of their related/affiliated companies to any other party.

12. Only shortlisted applicants will be notified of Mediacorp's interest in his/her Proposal(s). Mediacorp further reserves the right, without any liability on its part whatsoever, to cancel, postpone, terminate, suspend, end, stop or in any other way cease The Mediapreneur Incubator and/or any funding at any time without prior notice.

13. Each applicant shall bear each of his/her own costs and expenses incurred, arising from and/or in connection with his/her participation in this funding scheme and in the submission of his/her Proposal(s) hereunder, including (without limitation), telecommunications, network, SMS and all such other charges and out-of-pocket expenses as may be incurred by each applicant during or in connection with this funding scheme and no reimbursement may be sought from Mediacorp.

14. Each shortlisted applicant agrees to take part in any and all marketing, promotional, publicity exercise as may be conducted by Mediacorp arising or with respect to The Mediapreneur Incubator.

15. The manner, in which each Proposal is judged or evaluated, shall be at Mediacorp's sole and absolute discretion and Mediacorp's decision is final. No enquiries, appeals, verbal or written, shall be entertained. The applicants shall accept and abide by any and all decisions made by Mediacorp concerning, without limitation, the rules of the participation, the rules, procedures and regulations of The Mediapreneur Incubator, interviews with the applicants (if any), and any other matters relating to The Mediapreneur Incubator.

16. As a condition of The Mediapreneur Incubator and where required by Mediacorp, shortlisted applicants shall be required to enter into a separate agreement in writing setting out all other applicable terms and conditions relating to the investment terms, including setting up of a separate legal entity, equity stake and intellectual property ownership rights. For the avoidance of doubt, these Terms and Conditions shall continue to apply to each Proposal successfully selected to be funded under The Mediapreneur Incubator.

17. Mediacorp does not undertake any responsibility or obligation to ensure that any Proposal shall be funded or supported hereunder. No agreement shall arise or be constituted, and no obligation will be incurred by Mediacorp or by their respective related/affiliated companies, officers and/or agents by reason of the applicant(s)' submission of the entry form and/or participation in the funding scheme or by reason of anything done or omitted to be done by the applicant(s) as a result of or on account of this funding scheme. Mediacorp and/or its related/affiliated companies shall not be liable or responsible for any and all losses, damages, costs and/or expenses (of any nature whatsoever) suffered by any applicant arising from any failure or refusal, for whatever reason, to make good on any promise or offer to the applicant(s), including the grant of any funding.

18. Non-compliance with or breach of any of these Terms and Conditions shall immediately disqualify the applicant from any grant of funds hereunder or further participation at any stage of the funding scheme, and any funding granted shall be forfeited, withheld or withdrawn. In such event, Mediacorp reserves the right to ask for the refund of any and all funding granted, which shall be made to Mediacorp within fourteen (14) days of Mediacorp's written demand.

19. Mediacorp reserves the right to amend or vary any of these Terms and Conditions, The Mediapreneur Incubator without prior notice to any applicant. Mediacorp further reserves the right, without any liability to any applicant(s), to disqualify any applicant(s) from The Mediapreneur Incubator and any funding scheme at any time at its discretion.

20. Mediacorp shall be under no liability whatsoever to the applicant(s) or the applicant(s)' personal representatives, in respect of any loss, damage suffered by the applicant(s) arising from or pursuant to The Mediapreneur Incubator or for any loss, damage or injury to life or property sustained by the applicant(s) at any stage, unless such loss, damage or injury is caused by Mediacorp's gross and willful negligence.

21. The applicant shall indemnify and keep Mediacorp and its related/affiliated companies, officers, agents and employees ("the Indemnified Parties") fully indemnified against any and all loss, damage, claims and costs (including legal costs on a full indemnity basis) suffered and/or incurred by any of the Indemnified Parties as a result of the applicant's breach of any of these Terms and Conditions and/or arising from or in connection with The Mediapreneur Incubator.

22. These Terms and Conditions shall be governed by and construed in accordance with the laws of the Republic of Singapore.

23. No third party shall have any rights under the Contracts (Rights of Third Party) Act of the Republic of Singapore.