Terms And Conditions

1. Introduction

Welcome to the UpStat Programme (“Programme”), an initiative to empower startup founders. Participating in this 12-week fundraising accelerator will give you access to mentorship, investor engagement, and execution-focused training, all crucial for building investor-ready businesses and securing funding. This programme opens doors to opportunities and growth, making it an invaluable resource for startup founders.

By applying for and enrolling in the Programme, you (“Founder,” “Participant,” or “Startup”) agree to the terms and conditions outlined below. Your commitment to the Programme is crucial, ensuring a successful and beneficial experience for you and the Programme.

2. Programme Overview

The UpStat Programme is a structured, 12-week fundraising accelerator that provides mentorship, investor engagement, and execution-focused training.

Venture Biz Care LLC, globally except in India and Venturecare Services Pvt Ltd—INDIA (the “Organisers”), operate the programme in collaboration with mentors, investors, and strategic partners.

The Programme is education-based and does not guarantee funding or investor commitments.

3. Eligibility & Admission

3.1 Who Can Apply?

To be eligible for the Programme, the Founder/Startup must:

• ✔ Be legally incorporated or in the process of incorporation.
• ✔ Have a scalable business model with early traction.
• ✔ Be actively raising $100K – $1M in investment.
• ✔ Commit to 12-15 hours per week for Programme activities.
• ✔ Be willing to engage in investor outreach and fundraising execution actively.

3.2 Admission Process

Applications are reviewed and selected based on fair and transparent criteria such as investment readiness, growth potential, and commitment, ensuring equal opportunities for all applicants.

The Organizers reserve the right to accept or reject applications without providing specific reasons.

Selected participants must sign a Programme Participation Agreement before commencement.

4. Programme Participation Requirements

4.1 Attendance & Engagement

Participants must attend all required sessions, workshops, and investor meetings.

Participants who miss more than two consecutive sessions without a valid reason may be removed from the Programme.

4.2 Execution & Deliverables

Participants must complete and submit all assignments, financial models, pitch decks, and investor outreach plans on time.

Failure to meet deadlines may impact continued participation.

4.3 Investor Outreach & Fundraising Execution

Participants must actively engage in investor outreach, using guidance from mentors.

All investor engagements should be conducted ethically and professionally.

Organisers may provide warm introductions to investors, but investment decisions are solely at investors’ discretion.

5. Programme Fees & Payments

5.1 Fee Structure

The program fee is [INR 3,00,000] (or as per the official fee structure).

Payment must be made before the programme start date unless otherwise agreed upon.

5.2 Refund Policy

Fees are non-refundable, except in exceptional circumstances at the Organizers’ discretion.

If a participant voluntarily withdraws, they are not entitled to a refund.

6. Intellectual Property & Confidentiality

6.1 Ownership of Materials

Participants fully own their business ideas, pitch decks, financial models, and investor documents, a testament to our respect for your intellectual property.

The program materials, templates, and frameworks provided by the Organizers are for participant use only and may not be shared externally.

6.2 Confidentiality & Non-Disclosure

Participants can rest assured that their program content, investor lists, and mentorship discussions are kept strictly confidential, ensuring the security of their proprietary information.

Organisers and mentors agree to maintain confidentiality regarding participant business plans and proprietary information.

6.3 Publicity & Marketing

Organisers may use participant testimonials, company names, and Programme success stories for marketing purposes, subject to prior approval.

7. Investor Engagement & Fundraising Disclaimer

The Programme does not guarantee funding. Its success depends on the founder’s execution, investor fit, and market conditions.

Organisers and mentors are not responsible for investor decisions, funding terms, or business outcomes.

Participants are responsible for conducting due diligence on investors and ensuring that investment terms align with their business goals.

8. Code of Conduct & Ethics

8.1 Professionalism & Respect

Participants must conduct themselves with professionalism, integrity, and respect toward mentors, investors, and fellow participants.

Harassment, discrimination, or unethical behaviour will result in immediate removal from the Programme.

8.2 No Misrepresentation

Participants must provide accurate and truthful information about their startup, financials, and funding requirements.

Misrepresentation or false claims may result in termination from the Programme.

9. Programme Termination & Removal

9.1 Grounds for Removal

A participant may be removed from the Programme if they:

• ❌ Fail to meet Programme commitments (attendance, assignments, investor outreach).
• ❌ Violate confidentiality agreements or misuse Programme resources.
• ❌ Engage in fraud, misrepresentation, or unethical fundraising practices.
• ❌ Act in a way that damages the reputation of the Programme, its mentors, or its investors.

9.2 Consequences of Removal

Participants who are removed from the Programme forfeit all benefits, including mentorship, investor access, and funding support. It’s important to note that no refunds will be provided upon removal, underscoring the serious nature of the Programme’s rules and requirements.

No refunds will be provided upon removal.

10. Limitation of Liability & Disclaimer

The Organizers, mentors, investors, and Programme team are not liable for any direct, indirect, or consequential losses arising from participation in the Programme.

Participants acknowledge that the Programme does not guarantee investment or financial success.

The Programme does not provide legal, tax, or financial advisory services, and participants should seek independent professional advice before entering any funding agreements.

11. Force Majeure

The Organizers shall not be held liable for any failure or delay in Programme delivery due to unforeseen circumstances beyond their control, including but not limited to:

• Natural disasters, pandemics, or national emergencies.
• Technical issues, cyberattacks, or internet failures.
• Government regulations or legal restrictions affecting Programme operations.

12. Governing Law & Dispute Resolution

The laws of India shall govern this Agreement. Any disputes arising from this Programme shall be resolved through mediation before legal action is taken. If mediation fails, disputes shall be resolved in the courts of Pune, India.

13. Acceptance of Terms

By enrolling in the UpStat Programme, the Participant acknowledges that they have read, understood, and agreed to these Terms & Conditions.

📌 For any questions or clarifications, please contact:

• 📩 Email: ask@venture-care.com
• 📞 Phone: +91 9172713075

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