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Black and grey graphic of the Crimson Founders logo, designed for the Terms and Conditions and Privacy Policy pages. The logo features vertical pillars in varying shades of black and grey, symbolizing the strength and foundation of the MIT and Harvard Startups Network.

Terms & Conditions

LEGAL DISCLAIMER

Welcome to Crimson Founders. By using this website, participating in any Crimson Founders activities, or engaging with any Crimson Founders programs or events, you acknowledge that you agree to the terms and conditions outlined in this statement. If you do not consent to these terms, kindly refrain from using Crimson Founders or participating in its initiatives.

INFORMATION COLLECTION & USAGE

Personal Information
By accessing this website or participating in any Crimson Founders program, you consent to the collection and utilization of your personal information for activities such as registration, booking, or inquiries.
 
Information Collection

  • Personal Information: Collected during registration, booking, or inquiries. This may include names, contact details, and other relevant information required for program participation.

  • Log Data: Automatically collected information, including IP addresses, browser types, and interaction data, for operational and analytical purposes. This data may be captured through cookies or other tracking technologies to enhance user experience and improve services.

  • Location Data: We may gather information about your location through location services accessible on your device. This data is used for operational and analytical purposes. You retain the option to adjust your device's privacy settings to deactivate location information sharing.

  • Non-Personal Information: We may also utilize aggregated, non-personally identifiable data to analyze user behavior, enhance our services, and improve operational efficiency.


Analytics and Remarketing
For the purpose of improving our services, we employ tools such as Google Analytics, HubSpot analytics, Full Story, and others. During your visits, we may share anonymous information with third-party analytics service providers.

Information Usage

  • Purpose: Data is used for communication, marketing, operational needs, and program evaluation.

  • Sharing: Crimson Founders reserves the right to share applications and related data with its partners, collaborators, and a selection committee for evaluation and operational purposes.

  • Retention: We will retain your personal information for the duration necessary to fulfill the purposes outlined in this Privacy Policy and to comply with legal and regulatory requirements. This may also include resolving disputes, enforcing our terms of service, or fulfilling operational needs.


Data Retention
We will retain your personal information for the duration necessary to fulfill the purposes outlined in this Privacy Policy and to comply with legal and regulatory requirements. This may also include resolving disputes or enforcing our terms of service.

INFORMATION PROTECTION & SHARING

Information Protection: Crimson Founders implements appropriate safeguards, including encryption and access controls, to protect your data. However, we cannot guarantee absolute security due to the inherent risks of data transmission over the internet. Crimson Founders is not liable for unauthorized access due to circumstances beyond its control.

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Information Sharing: We pledge not to share your personal and business information, collected through the usage of the Site, with any external parties, except as specified in this Privacy Policy.

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Under various circumstances, we may share your personal and business information:

  • In the course of operating our business, with affiliates, service providers, contractors, and select vendors for operational purposes.

  • For promotional activities, we may feature short quotes/statements from you or your professional/company bios, as well as award nominations you've submitted, in press releases or on our social media platforms (limited to fewer than 100 words).

  • With your consent, we might share the presentations you have provided with event attendees.

  • For operational and strategic planning purposes, we might use information about your company budgets, delegate/sponsor/attendee booking information, affiliate forms, project briefs, and financial data. This also extends to pitch submission information.

  • With your consent, we may share publicly available documents, materials, or content you've voluntarily shared. Please note that third-party use of such publicly hosted content is beyond our control. If you wish for us to remove such information from Crimson Founders forums, you can request removal by contacting us at founder@crimsonfounders.com.

  • In response to subpoenas, court orders, legal processes, and circumstances where we deem disclosure necessary or appropriate in accordance with applicable law, to enforce legal rights or defend against legal claims.

  • If we believe it is necessary to investigate, detect, prevent, or take action regarding illegal activities, suspected fraud, or abuse.

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​Sharing ApplicationsCrimson Founders reserves the right to share submitted applications with its partners and a selection committee for purposes related to program evaluation and participation.

LIABILITY DISCLAIMER

No Guarantee of Investment
Crimson Founders does not guarantee or facilitate any investment in startups or entities participating in its programs or events.
 
Limitation of Liability
Crimson Founders is not liable for:

  • Any accidents, injuries, or losses incurred by participants during events or travel.

  • Travel arrangements or expenses made by participants, including non-refundable tickets.

  • Cancellations or changes to events, including external programs such as Investopia.

  • Any damages or losses resulting from participants' interactions, including but not limited to being misled or defrauded by other attendees, participants, or third parties met through Crimson Founders programs or events.


Travel and Logistics
Participants are solely responsible for their travel and accommodation arrangements. Crimson Founders is not liable for disruptions, delays, or losses related to travel.

PHOTOGRAPHY AND MEDIA RELEASE

By participating in Crimson Founders events, you consent to being photographed or recorded. Crimson Founders reserves the right to use, reproduce, and display photographs and recordings from events for marketing, promotional, and archival purposes.

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Consent and Release

Participants waive any right to inspect or approve the use of their likeness in such materials. Crimson Founders will not compensate individuals for the use of their images.

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Third-Party Use

Crimson Founders is not responsible for third-party use of images or recordings obtained during events.

PROGRAM PARTICIPATION TERMS

Program Changes or Cancellations

Crimson Founders reserves the right to modify or cancel any program, event, or session without prior notice. Participants acknowledge that Crimson Founders is not responsible for any costs incurred due to such changes, including travel or accommodation expenses.

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No Endorsement or Guarantee

Participation in Crimson Founders programs does not constitute an endorsement or guarantee of success, investment, or partnership.

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Eligibility

Startups must meet eligibility criteria outlined in program details. Crimson Founders reserves the right to reject or remove participants at its discretion.

INTELLECTUAL PROPERTY

Ownership and Licensing

Participants retain intellectual property rights to materials they submit. However, by participating, you grant Crimson Founders a non-exclusive, royalty-free license to use submitted materials for promotional purposes.

INDEMNIFICATION

Participants agree to indemnify and hold harmless Crimson Founders, its affiliates, employees, and partners from any claims, damages, or liabilities arising from their participation in Crimson Founders programs, events, or use of its website.

MODIFICATIONS TO TERMS

Crimson Founders reserves the right to update these terms and conditions at any time without prior notice. Continued use of Crimson Founders services or participation in its events constitutes acceptance of the revised terms.

SOCIAL MEDIA FEATURES

Our websites integrate social media features such as the LinkedIn 'Share button,' Instagram, YouTube, and TikTok widgets, which operate on our services. These features may collect your Internet Protocol (IP) address, the specific webpage you are visiting on our Websites, and may set cookies for proper functionality. These social media features and widgets may be hosted by third parties or hosted directly on our services. Your engagement with these features is subject to the privacy statement of the respective providers.

THE FOUNDER FILES

  1. Eligibility: Only startups founded by students, graduates, or professors of degree programs at MIT and/or Harvard are eligible. Startups must be beyond the idea stage and must meet the incorporation, product, or accelerator participation criteria outlined in the eligibility section.

  2. Accuracy of Information: By submitting information to The Founder Files, applicants confirm that all information provided is accurate and up to date. Crimson Founders is not responsible for verifying the accuracy of the information submitted and reserves the right to remove any listing found to contain inaccurate or misleading information.

  3. Interview Content: All content submitted for interviews, including text, images, and videos, must be original and owned by the applicant or properly licensed. By submitting content, you grant Crimson Founders a non-exclusive, royalty-free, worldwide license to use, reproduce, and display the content on our website and marketing materials.

  4. Removal from the Directory: Crimson Founders reserves the right to remove any startup from The Founder Files at any time, for any reason, even after approval, without prior notice. Grounds for removal may include but are not limited to providing false or misleading information, violating any terms, or changes in the startup’s status.

  5. Changes and Updates: Startups are responsible for notifying Crimson Founders of any significant changes to their company’s status, such as new funding rounds, product launches, or changes in leadership. Crimson Founders reserves the right to update listings based on the information provided and may request updates to keep the directory current.

  6. Non-Endorsement: Inclusion in The Founder Files does not imply endorsement by Crimson Founders, MIT, Harvard, or any affiliated entity. Crimson Founders provides the directory for informational purposes only and does not guarantee or imply any investment, partnership, or business outcome.

  7. Use of Personal Data: Personal data submitted as part of the application process will be used in accordance with our Privacy Policy. By submitting your startup, you consent to the use of your personal data for the purposes of maintaining The Founder Files directory, promoting your startup through interviews, and other relevant marketing activities.

  8. Intellectual Property: Applicants retain all intellectual property rights to the materials they submit. However, by submitting to The Founder Files, applicants grant Crimson Founders the right to share and display these materials in the directory, interviews, and associated promotions.

  9. Modification of Terms: Crimson Founders reserves the right to modify these terms at any time without prior notice. Any changes to the terms will be posted on the website, and continued participation in The Founder Files constitutes acceptance of the revised terms.

  10. Disclaimer: Crimson Founders does not guarantee the accuracy, completeness, or timeliness of the information presented in The Founder Files. Startups listed are solely responsible for the content they provide. Crimson Founders shall not be held liable for any damages resulting from the use of or reliance on the information in the directory.

CONTACT US

For any questions or concerns regarding these terms, please contact us at:

Email: founder@crimsonfounders.com

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