Terms of Service
Last Updated: October 2024
Welcome to CRG Venture Lab. These Terms of Service ("Terms") govern your access to and use of the CRG Venture Lab platform, website, and services provided by Cybatar Riovic ("we," "us," or "our").
1. Acceptance of Terms
By accessing our services, applying to our incubation programs, or using the Sandbox Africa marketplace, you agree to be bound by these Terms and our Privacy Policy. If you do not agree, you may not use our services.
2. The Integrated Ecosystem
CRG Venture Lab operates as an integrated ecosystem consisting of:
- Cybatar Mobile Lab: Outreach and early engagement.
- Cybatar Venture Lab: Incubation and acceleration services.
- Sandbox Africa: B2B marketplace and commercialization.
- IPOXCap: Financial readiness and exit strategies.
3. Intellectual Property
Founder IP: You retain ownership of the original intellectual property (IP) you bring to the lab. However, participation in certain incubation programs may involve specific agreements regarding equity or revenue sharing which will be governed by separate, explicit contracts.
Cybatar IP: All materials, frameworks, software, and methodologies provided by CRG Venture Lab remain the exclusive property of Cybatar Riovic.
4. Confidentiality
During your time with CRG Venture Lab, you may have access to trade secrets or proprietary data from other founders or the Lab itself. You agree to maintain strict confidentiality regarding any non-public information encountered within the ecosystem.
5. Disclaimer of Warranties
Services are provided "as is." While we strive to guide founders from "Idea to Impact," we do not guarantee funding, commercial success, or specific financial outcomes. Venture building involves inherent risks.
6. Limitation of Liability
To the maximum extent permitted by law, Cybatar Riovic shall not be liable for any indirect, incidental, or consequential damages resulting from your participation in the Lab or use of the platform.
Privacy Policy
Last Updated: October 2024
At CRG Venture Lab, we value your privacy. This policy explains how we collect, use, and share information about you when you interact with our ecosystem.
1. Information We Collect
We collect information to help us provide better incubation and financial services. This includes:
- Identity Data: Name, professional bio, and contact details.
- Venture Data: Pitch decks, business plans, financial projections, and IP descriptions.
- Usage Data: How you interact with our digital tools and marketplace.
2. How We Use Your Data
Your information is used for:
- Evaluating applications for the Venture Lab.
- Facilitating connections through Sandbox Africa.
- Assessing financial readiness for IPOXCap.
- Improving our ecosystem algorithms and outreach strategies.
3. Sharing with Third Parties
We do not sell your personal data. We may share your venture data with:
- Vetted Investors: To facilitate funding opportunities.
- Service Partners: To provide specialized technical or legal support during incubation.
- Regulatory Bodies: When required by law or for financial compliance.
4. Data Security
We implement industry-standard technical and organizational measures to protect your data. Given the sensitive nature of "Impact Tech" and "Dealroom" data, we use encryption for data at rest and in transit.
5. Your Rights
You have the right to access, correct, or request the deletion of your personal data. You may also withdraw from the incubation program at any time, though some data may be retained for historical compliance purposes.
6. Contact Us
If you have questions about this Privacy Policy, please contact our data protection officer at legal@riovic.com.