Funding application terms and conditions.
Eligibility: The PO Funding Application is open to all legal entities that meet the criteria set forth in the application.
Application Requirements: The PO Funding Application must be completed in full and submitted with all required supporting documents.
Evaluation Criteria: The PO Funding Application will be evaluated based on the following criteria: financial stability, market potential, management team, and overall business plan.
Award Notification: Awardees will be notified within 14 days via email.
Use of Funds: Funds must be used for the purpose stated in the PO Funding Application and in accordance with all applicable laws and regulations.
Reporting Requirements: Awardees are required to submit regular financial and progress reports to the PO Funding Committee.
Termination of Award: The PO Funding Committee reserves the right to terminate the award at any time if the awardee fails to comply with the terms and conditions of the PO Funding Application.
Confidentiality: All information contained in the PO Funding Application and any related materials will be kept confidential.
Limitation of Liability: The PO Funding Committee will not be liable for any damages arising from the use of funds provided through the PO Funding Application.
Governing Law: The PO Funding Application and these terms and conditions will be governed by the laws of South Africa.
Dispute Resolution: Any disputes arising from the PO Funding Application will be resolved through arbitration in accordance with the rules of ADR Access