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Terms & Conditions

Acceptance of Terms  

By submitting your idea to Novavera Innovation Hub, a program of Novavera Group, you agree to the following terms and conditions. Please read them carefully before proceeding with your submission.

2

Eligibility

Submissions are open to individuals and small entrepreneurs who have innovative product or service-based business ideas. By submitting, you confirm that you are the original creator of the idea and have the right to present it for evaluation.

3

Confidentiality

Novavera Innovation Hub respects the confidentiality of your submission. All information and documents submitted will be kept confidential and used solely for the purpose of evaluating your idea. We will not disclose your idea to any third party without your consent, except as required by law or to trusted advisors and partners for evaluation purposes.

4

Intellectual Property

You retain all intellectual property rights to your idea. Submission of your idea does not transfer any ownership rights to Novavera Innovation Hub. However, by submitting your idea, you grant Novavera Innovation Hub a non-exclusive, royalty-free license to use the submitted materials for the purpose of evaluation and potential collaboration.

5

Evaluation Process

Submissions will be evaluated based on criteria set by Novavera Innovation Hub, including feasibility, market potential, and innovation. The decision to select or reject a submission is at the sole discretion of Novavera Innovation Hub. Due to the high volume of submissions, we may not provide individual feedback on rejected ideas.

6

Evaluation Process

Submissions will be evaluated based on criteria set by Novavera Innovation Hub, including feasibility, market potential, and innovation. The decision to select or reject a submission is at the sole discretion of Novavera Innovation Hub. Due to the high volume of submissions, we may not provide individual feedback on rejected ideas.

7

 Limitation of Liability

Novavera Innovation Hub is not liable for any direct, indirect, incidental, special, or consequential damages arising out of your submission or any subsequent dealings with us. This includes, but is not limited to, loss of opportunity, revenue, or profits.

8

Representations and Warranties

By submitting your idea, you represent and warrant that:

 

• You are the original creator and owner of the idea.

• The submission does not infringe upon any third party’s intellectual property rights.

• The information provided is accurate, complete, and truthful.

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