Terms & Conditions

APPLICATION TERMS & CONDITIONS FOR THE REALTECHX GROWTH PROGRAM

The RealTechX Growth Program (Growth Program) is a business growth program delivered by RealTechX Pty Ltd (ACN 627 507 313) (RealTechX) being a subsidiary of Taronga Group Pty Limited (ACN 609 713 000).

These terms and conditions set out the relationship between you as an applicant to the Growth Program (Applicant) and RealTechX (Terms and Conditions).

1. Eligibility

(a) Applications for entry into the Growth Program are open to emerging businesses delivering new technology, product or business model innovations to the real estate sector and wider built environment.

(b) Applicants must meet the following criteria to be eligible to participate in the program:

  • Applicants are developing solutions for the real estate, property, infrastructure, utilities or wider built environment sectors;

  • Applicants have an emerging technology business;

  • Applicants have global growth potential;

  • Applicants have a market-ready product; and

  • Applicants have demonstrated customer traction.

2. Application

(a) By applying to participate in the Growth Program the Applicant agrees to be bound by these Terms and Conditions as well as any other regulations and guidelines as designated by RealTechX and notified to Applicants from time to time.

(b) Each Applicant is only eligible to make a single application.

(c) Applications will be accepted for consideration commencing at 06:00 AEST on 1 July 2019 and ending at 18:00 AEST on 30 August 2019. RealTechX accepts no responsibility for late, lost or misdirected applications. Incomplete, ineligible or incomprehensible applications will be deemed invalid.

Applications received by 31 July 2019 will be reviewed on or after 31 July 2019 as early applicants. RealTechX reserves the right to close applications at any time after 31 July 2019 or extend applications beyond 30 August 2019 at its absolute discretion.

(d) Applications for the Growth Program are submitted online via the RealTechX website (www.tarongagroup.com/realtechx/). RealTechX does not accept responsibility for the operation, moderation, availability or functionality of the website platform and will not be liable for any loss, damage or expense suffered or incurred as a result of the Applicant making an application through the site.

(e) Applications will be assessed by an assessment panel nominated by RealTechX. The assessment panel may include any number of assessors and be comprised of members of RealTechX, its associates, business partners, mentors or any other party as nominated in the sole discretion of RealTechX (Assessment Panel).

(e) Applicants acknowledge that the assessment of applications and the suitability of Applicants to participate in the Growth Program will be at the sole discretion of the Assessment Panel based on criteria deemed relevant by RealTechX.

(f) The Assessment Panel may accept or reject applications without providing reasons for their decision and neither the Assessment Panel nor RealTechX is obliged to enter into any further agreement or discussion with an Applicant following their application.

(g) If an intended Applicant is not an incorporated entity, it will be required to incorporate as a proprietary limited company (pursuant to the Corporations Act 2001 (Cth)) prior to the submission of their application.

(h) Successful applicants invited into the program will be required to sign a Participation Agreement to confirm their involvement in the Growth Program.

(i) Successful applicants will be notified via email on or before 31 October 2019 and will be required to return their signed participation agreement within 10 working days.

3. Program

(a) The Growth Program will be run over the course of 5 months commencing on or around 15 January 2020 and finishing on or around 15 May 2020. Dates are subject to change at the absolute discretion of RealTechX.

(b) The dates and time frames for the running of the Growth Program are indicative only and are subject to reasonable adjustment by RealTechX.

(c) During the program period, Applicants in the Growth Program are required to:

  1. Attend masterclasses on growth strategy and tactics;

  2. Attend an international linkages tour to Asia;

  3. Attend program events as scheduled, including networking and showcase events;

  4. Engage with expert coaching and industry mentorship;

  5. Engage periodically with corporate, institutional and government partners to the Growth Program;

  6. Support the advancement of other Applicants in the Growth Program; and

  7. Support the continued success of the Growth Program into the future.

(d) The Growth Program will normally operate out of premises located in Sydney, Melbourne and Brisbane. Applicants acknowledge that RealTechX may require Applicants to attend other locations in order to participate in the Growth Program.

(e) Attendance and entry at any premises from which the Growth Program is being operated is at the sole risk and expense of the Applicant. The Applicant acknowledges that RealTechX will not be liable for any expense, loss or damage suffered or incurred by an Applicant as a result of attending or entering any premises nominated by RealTechX.

(f) All costs associated with participation in the Growth Program are the sole responsibility of the Applicant, unless explicitly otherwise stated.

4. Privacy

(a) RealTechX collects and stores personal information provided by Applicants in accordance with the provisions of the Privacy Act 1998 (Cth) and the Australian Privacy Principles.

(b) If an Applicant provides personal information on behalf of another person, the Applicant warrants that it has received that person’s informed consent prior to providing the personal information to RealTechX.

(c) RealTechX will collect and store the following information provided by Applicants for the purposes of administering the Growth Program, including the promotion and advertising of the Growth Program:

(i) name;

(ii) address; and

(iii) contact details (including for example any mobile number and email address that you provide).

(d) Any other personal information collected by will be dealt with in accordance with the Privacy Policy accessible at www.tarongagroup.com/terms-and-conditions/.

5. General

(a) These Terms and Conditions are governed and construed in accordance with the laws of the State of New South Wales, Australia. Applicants irrevocably submit to the non-exclusive jurisdiction of the courts of the State of New South Wales with respect to all matters arising under or relating to these Terms and Conditions.

(b) These Terms and Conditions may be varied by RealTechX from time to time. By continuing to participate in the RealTechX Growth Program, Applicants agree to be bound by the updated Terms and Conditions.

(c) The Applicant is not entitled to assign, novate or otherwise deal with any of its rights under these Terms and Conditions without the prior written consent of RealTechX. RealTechX may assign, novate or otherwise deal with its rights under these Terms and Conditions at its sole discretion.

(d) Any provision of these Terms and Conditions that is illegal, void or unenforceable will be severed without prejudice to the balance of the provisions of these Terms and Conditions which remain in force.

(e) Failure to exercise or enforce or a delay in exercising or enforcing or the partial exercise or enforcement of any right, power or remedy provided by Law or under these Terms and Conditions by any party will not in any way preclude, or operate as a waiver of, any exercise or enforcement, or further exercise or enforcement of that or any other right, power or remedy provided by Law or under these Terms and Conditions.

(f) Nothing contained in these Terms and Conditions shall be construed as creating or establishing any employment, fiduciary, partnership, joint venture or similar relationship between any of the parties.