Investor: The investor agrees to make a monetary donation to support women entrepreneurs for a period of one year.
Use of Funds: The collected funds will be used to provide financial support to women entrepreneurs who meet the eligibility criteria established by the organization.
Eligibility Criteria: The eligibility criteria for women entrepreneurs will be determined by the organization and may include factors such as financial need, business idea viability, and potential impact on the community.
Eligibility to Receive Funds: The donor acknowledges that those who have contributed to this project may be eligible to pitch their business ideas and receive funds. However, any such proposals will be evaluated based on the same eligibility criteria established by the organization, including financial need, business idea viability, and potential impact on the community. Additionally, any potential conflicts of interest will be fully disclosed and evaluated by the organization's board before any funding decisions are made. The donor agrees that the selection of recipients of the funds will be at the sole discretion of the organization and board.
Reporting: The organization will provide regular updates to the donor on the use of funds and the progress of the supported women entrepreneurs.
Non-Transferability: The investor understands that the donation is non-transferable and may not be assigned or transferred to any other person or entity.
Termination: The investor acknowledges and agrees that the donation commitment is for a period of one year. While the investor is expected to fulfill the full commitment, the organization recognizes that unforeseen circumstances may arise. If the investor wishes to terminate the commitment before the end of the one-year period, the organization will evaluate each case individually and may consider extenuating circumstances. However, any decision to terminate the commitment will be at the sole discretion of the organization.
Governing Law: These terms and conditions will be governed by the laws of the jurisdiction in which the organization is located.
Entire Agreement: These terms and conditions represent the entire agreement between the investor and the organization and supersede any prior agreements or understandings, whether written or oral.
Modification: These terms and conditions may only be modified by the organization and board, and any such modifications must be in writing and signed by authorized representatives of the organization and the board. The investor agrees that any modifications made to these terms and conditions will be binding upon them.