Idea Challenge

The organizers of the Idea Challenge are mindful of the potentially sensitive nature of every submission; however, there will be no confidential relationship established between you and anyone associated with the Idea Challenge and no Confidentiality or Non-Disclosure Agreements signed by any person or organization associated with the Idea Challenge.

Submissions will be read by staff of Idea Challenge and/or associated persons and organizations. Venture capitalists, as an industry practice, do not sign Confidentiality or Non-Disclosure Agreements when reviewing executive summaries or preliminary business plans, and our agencies/panel members (which may or may not include venture or funding sources) do not and will not do so for this challenge. While we do ask that our agencies/panel members be committed to treat the information contained within each submission with standards of privacy, we cannot and do not guarantee that submissions will remain confidential, and you should assume that no confidentiality obligations or relationships exist or may be expected.

We suggest that sensitive material be excluded from your entry if you are concerned about the confidentiality of such material. If you feel that significant confidentiality issues may arise in the course of preparing or submitting your submission, you should resolve those issues in advance of submitting your information. Please note also that if a submission is successful in getting funding from the Idea Challenge, a press release will be drafted to be used on the Eau Claire Area Economic Development Corporation’s website and by other media outlets for the purposes of promotion and recognition of the Idea Challenge submission being funded. Contestants concerned about the protection of their information or intellectual property should contact a legal professional for consultation.