Participation in this competition gives entrants no guarantees, expressed or implied, to any grants or to any potential of future funding. Participants agree that Central Virginia Small Business Development Center, City of Charlottesville, and Albemarle County are not liable for any direct or indirect damages, including any loss of revenue that may or may not be related to business advice received in conjunction with the program and competition.
The Central Virginia Small Business Development Center, City of Charlottesville, and Albemarle County reserve the right to disqualify, in their sole and absolute discretion, any participant from the competition at any time (before or after a judging round or the award of any grant) for any reason. Reasons for disqualification may include, but are not limited to, plagiarism and any other form of dishonesty, misappropriation or infringement of the intellectual property of others, and any failure to comply with these rules and regulations. Disqualified participants shall forfeit all grants awarded to them. All decisions of the judges and committee are final.
Grant recipients must have a registered business license in Charlottesville or Albemarle in order to receive funds, and must use funds for services for business development within one year of award, unless an alternate timeline for utilization of funding was proposed as part of their initial proposal and approved in advance by Central Virginia Small Business Development Center, City of Charlottesville, and Albemarle County. Additionally, should award recipients not fulfill agreed upon goals, they may be required to repay grant funds pursuant to individual award agreements.