Intellectual Property Rights

We respect the intellectual property (IP) of others, and we ask you to do the same. If you or any user of this site believes its copyright, trademark, or other IP rights have been infringed by a posting on this site, you or the user should send notification to ennovent immediately. 

Unless otherwise specified, ennovent does not claim ownership of the materials (including and without limitation: information, ideas, concepts, techniques, feedback, data, questions, comments and suggestions, or the like) you provide to ennovent or post, upload, input or submit to the Website for review by ennovent and the Seeker (each a “Submission” and collectively “Submissions”). All work, ideas, inventions, experiments, discoveries, processes and improvements, computer programs, specifications, operating instructions, notes, and all other documentation, which is created, conceived, or first reduced to practice by you, alone or with others, submitted together with your submitted to the website, will automatically be deemed to be included in your Submission.  

The Seeker seeks no licenses or other rights under patents by this Agreement. Appropriate compensation for such rights may be determined by negotiations between the Solver and the Seeker. It is advisable to take independent legal counsel before publishing a sophisticated Solution via a Posting the Service. If you are planning to patent your Solution please note that publishing an unpatented Solution on the web may take away your ability to patent it later. For more information please visit the relevant intellectual property authority for your region or country.

In the event the Seeker and the Solver agree to collaborate to incubate the Solution (e.g. through a joint venture, equity investment), additional specific Terms and Conditions are subject to negotiation between the Solver and the Seeker. In those cases where the Seeker invests equity in the companies that submit Solutions, the Seeker will have a stake in the IP rights of the Solution.

Apart from after receiving a notification from a user of the website about possible infringement, ennovent does not routinely investigate copyright and other intellectual property rights of submissions to the ennovent website to ensure that submissions do not infringe on any intellectual property right. It is the responsibility of the person submitting to ensure that the submission does not infringe on the intellectual property rights of others. ennovent is not responsible for any infringement of intellectual property rights committed by users of the site, or the possible infringement contained in submissions to the website.

We take confidentiality very seriously, and will not share confidential information with anyone outside of ennovent; however, as is standard practice among Venture Capital Firms, we do not normally sign NDAs before reviewing an opportunity. In very special cases, we will provide our own NDA. In the case of Challenges, the information submitted will not be shared with anyone outside ennovent and- if applicable- the Seeker organization. If the Solver or the Seeker sees the need for a formal confidential relationship or obligation of secrecy, they have to separately agree thereto in writing.

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