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Applications open May 15-June 30, 2020.
The format, rounds, and rules for 2020 have changed significantly from previous years.
If you are a contestant, use the rules to work through the requirements, deadlines, and submission information for each round. Webinars for each round are also available - you'll find them on the contest submission page.
We encourage all to apply who are current or aspiring small business owners with a plan or current positive impact on their communities.
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Impact Pitch Contest Rounds
Round One (A): Application & Business Model Questions – Part 1
Application & Round One (A) Submissions Due
June 30, 2020 by 5:00pm PST to https://businessimpactnw.org/contest
How to Apply and Complete Round 1(A)
Fill out the online application, inside which you will:
- Provide requested contact and business information
- Submit responses to the following questions about the business model and the community impact:
- Value Proposition: Describe the value your business is providing (or will provide) or the solution your business is providing (or will provide) and what makes it unique. What makes your business stand out?
- Positive Community Impact: Describe the current or potential economic and/or social IMPACT of this business on the local and regional community, and how you [will] measure this impact.
- Attach a filled out 641 form for access to business coaching and acting non-disclosure agreement
Apply Here: https://businessimpactnw.org/contest
50 initial applicants will be invited via email to advance to the next round of the competition. Preference will be given to businesses who have used SBA partner resources or Business Impact NW partners for technical assistance, advising, and/or training. Businesses will compete in separate startup/idea, early stage, and established categories from the next round and on.
Applicants who are accepted into Round One B as contestants will be announced on July 13, 2020. Orientation webinar explaining the next round will be made available.
Judging Criteria for Round One (A) – Business Model Questions – Part 1:
|Highest Scoring||< ------||--------||------ >||Lowest Scoring|
|Application Narrative – Value Proposition (200 words)||Unique and clearly stated value proposition. Did not use more than 200 words.||------||Value proposition illustrates a unique business but not clearly stated.||-----||Value proposition needs work but demonstrates a good start. May have used more than 200 words.|
|Application Narrative - Community Impact (500 words)||Concise statement portraying the social, environmental, or economic impact this business has/or will have on the local community. Is no more than 500 words.||------||Social, environmental, or economic impacts of this business are identified but not strongly associated with the business.||------||The statement on impact has no connection to social, environmental, or economic impact this business has/or will have on the local community. Statement is unclear.|
Round One (B): Business Model Questions – Part 2
Round One (B) Submissions Due
July 27, 2020 by 5:00pm PST to https://businessimpactnw.org/contest
How to Complete Round 1(B)
Contestants will be asked to answer the following questions about their business model:
- Customers and Target Markets: Describe your target market and key customer segments, the channels you use/will use to reach your customer segments, and how you will establish, engage, and retain your customers. (250 words or less)
- Revenue Streams and Cost Structure: Describe the primary revenue streams for your business and the most important fixed and variable costs inherent in your business model. (250 words or less)
- Operations and Strategy: Describe the key activities your business does or will do to successfully deliver your value proposition to customers. Include any key resources and partnerships that your business requires or will require. (250 words or less)
Apply Here: https://businessimpactnw.org/contest
25 contestants will be invited via email to advance to the next round of the competition on August 10, 2020. Distribution of businesses advancing in each of the three business stages will be determined based on application volume and scoring. Orientation webinar explaining the next round will be made available.
Twelve Business Model Prizes of $500 each will be given to businesses with the 2 highest scores in each of our mission demographics categories: Women-owned, POC-owned, Immigrant/Refugee-owned, LGBTQ-owned, Veteran-owned, and Rural on August 10, 2020.
Judging Criteria for Round One (B) – Business Model Questions – Part 2:
|------ >||Lowest Scoring|
|Application Narrative – Customers & Target Markets (250 words or less)||Primary customer segments identified and good understanding of target market. Stayed within word limit.||
|Missing some key customer segments or too broadly defined target market and customer segments.||
|Incomplete responses submitted. May have exceeded word limit.|
|Application Narrative – Revenue Streams & Cost Structure (250 words or less)||Demonstrated understanding of key costs and revenue streams. High likelihood of success as presented. Stayed within word limit.||
|Missing key revenue streams and/or costs but business still appears to be financially viable as presented.||Low likelihood of covering major costs through revenue streams as presented.||Incomplete responses submitted. May have exceeded word limit.|
|Application Narrative – Operations & Strategy (250 words or less)||Logic is easy to follow from responses and the model has a reasonably high likelihood of being executed as presented. Stayed within word limit.||All key aspects are explained and relate to the business value proposition. Some questions regarding the execution of the plan exist.||Operations are understandable but aspects of the strategy do not relate to or support the unique value proposition of the business.||Questions were answered completely, but operations plan lacks cohesiveness. Strategy does not seem viable.||Incomplete responses submitted. May have exceeded word limit.|
Round Two: Proving Feasibility
Round Two Submissions Due
August 31, 2020 by 5:00pm PST to https://businessimpactnw.org/contest
Contestants who progress to round two will have the opportunity to present additional market research, business feasibility, and financial information to prove their business model.
How to Complete Round Two
After notification of advancement to round two, contestants will be required to produce and submit the following:
- Three year projected financial statements submitted using the standardized Impact Pitch Financial Projections Workbook that will be provided to contestants in EXCEL. Provided template will include a sales forecast, a profit and loss statement, and a cash flow statement. Financial statements will include a month-by-month projection for year one and summarized projections for year two and three. Projected financials statements must reflect reasonable and documented assumptions.
- A 1,500 words (or less) narrative explaining how and why the business or idea is feasible and sustainable.
Apply Here: https://businessimpactnw.org/contest
Business coach appointments will be assigned to all contestants who advance to round two during regular business hours August 17th – 21st. Coaches are available to help answer questions and provide guidance, but contestants are responsible for producing all work products that are submitted for judging. Participants are required to meet once virtually with a business coach and are then encouraged to meet with their business coach as needed throughout the pitch process.
September 14, 2020: Ten businesses moving to the final live virtual pitch event will be announced, and $800 will be awarded to all finalists moving forward. An orientation webinar introducing round three will be made available.
Judging Criteria for Round Two – Feasibility:
|Projected Financials||Financials tell the story of the business model clearly, are reasonable (not overly conservative or overly optimistic) have no formula errors, and includes all elements laid out in the Impact Pitch Financial Projections Workbook.||Financials tie together accurately but are not easy to follow. Some detail is present but important parts of the business model are not represented.||Financials are missing key aspects that explain the business model, may not flow together properly, may have missing sections, or may not have used Impact Pitch Financial Projections Workbook in submission.|
|Reasonable and Documented Assumptions throughout projected financials||Research used to create projected financials are well thought out, have reasonable and cited assumptions.||Projected financials are well thought out with reasonable assumptions but lacking citations to support.||Research was not completed. Financials based on wild guesses, unsupported theories, or anecdotes.|
|Overall Business Feasibility Summary||Concisely summarize and logically support the feasibility of the business model.||Narrative is not logical and does not support the feasibility of the business model.|
|Met with a Business Coach during Round Two||Yes||No|
Round Three (A): IMPACT Video Submission
(Social Marketing Campaign)
Round Three A Submission Due
5:00 p.m. PST on September 23, 2020 to https://businessimpactnw.org/contest
Submission (Video) Requirements
- Must be between 2-3 minutes in total length;
- Videos must be uploaded and made public via a business or personal YouTube account before the due date/time
- Content of video will concisely highlight what the business does (problem the business is addressing our unique value/benefit provided) the business owner(s) and team, and the impact the business will have on the regional community.
- Contestants will be responsible for submitting a live public link to their YouTube video to https://businessimpactnw.org/contest by the above due date. Please note that uploading content to YouTube can take many hours. No additional time will be given based upon slow upload times.
Online Voting Dates
Video submission will be posted online for a fourteen-day time period from September 24, 2020 through October 8, 2020 at https://businessimpactnw.org/vote.
Contest organizers reserve the right to adjust the split of established and startup businesses based on quality and quantity of submissions.
Round Three (B): LIVE Virtual Pitch Competition
Date & Time:
Thursday October 8, 2020, 5:30pm Reception, 6:00pm Pitch Start (Exact Times subject to change)
Online via zoom.
Round Three (B) Submission Deadlines and Requirements
If providing a PowerPoint presentation, submissions are due by 5:00pm PST September 30, 2020 at https://businessimpactnw.org/contest
Ten finalists will pitch their businesses to a panel of live judges selected from the Pacific Northwest business community, not to include employees of Business Impact NW, for the chance to win cash prizes.
Contestants will pitch their business under the following guidelines:
- Contestants will have six (6) minutes to present a prepared pitch
- Contestants will have another two (2) minutes of question and answer time from judges
- Contestants are encouraged to prepare a slide show presentation (all slides are to be prepared using PowerPoint and are limited to 15 slides or less; no appendix slides will be allowed)
Webinar, Pitch Practice, Slide Revisions, and Rehearsal Dates
Important dates and requirements during Round 3B:
- Webinar: Optional informational webinar with Q&A will be available on September 24, 2020.
- Pitch Practice: The highly encouraged optional pitch practice will be scheduled for Thursday October 1, 2020 with business coach(es) virtually.
- Slide Revision: If participating in optional October 1, 2020 practice pitch, contestants will be allowed 24 hours to revise and resubmit slides.
Top established, top early stage, and top idea/startup business prizes will be awarded at the live event based solely on judges’ combined scores utilizing the below rubric. Overall scores and feedback will be provided to competitors within three business days of the competition in an effort to support business growth and development. All awards, scores and feedback collected from the judges are their own subjective views and opinions. See contest rules and regulations for more details.
Mandatory Rehearsal of the pitch is required virtually on one of two assigned days of Tuesday, October 6, 2020 or Wednesday, October 7, 2020.
Rubric Coming Soon
Impact Pitch Rules & Regulations
Impact Pitch is a business competition highlighting small, regional businesses that are making a positive IMPACT within the community.
The mission of Business Impact NW and the Impact Pitch Competition is to grow businesses to create jobs in underserved communities.
With up to $30,000 of total prize money available, three businesses will win $5,000 grand prizes and there will be opportunities for additional cash awards in earlier rounds. The three business stage categories that business will compete in are:
- Startup/Idea Stage Business
- Early Stage Business
- Established Business
The competition will have three rounds and 5 phases:
- Round 1a: Business Model – Part 1
- Round 1b: Business Model – Part 2
- Round 2: Feasibility
- Round 3a: Marketing Video
- Round 3b: Live/Virtual Pitch Event
Competition is open to legally registered Washington, Oregon, Idaho, or Alaska based businesses who have a direct impact within their immediate community. Businesses may apply who are in any stage of business, with our without sales, but must obtain a business license prior to entering Round One. Guidance on obtaining a business license is available through Business Impact NW.
- Startup: For the purposes of the competition, startup businesses are defined as businesses that are pre-sales/pre-revenue.
- Early Stage: For the purposes of the competition, early-stage businesses are defined as any business with less than $75000 in gross sales last year and/or less than two years in business.
- Established: For the purposes of this competition, established businesses are defined as any business with more than $75000 in gross sales last year and/or in business for more than two years. Established businesses still have to fall under the Small Business Administration (SBA) definition of a small business enterprise. Businesses who can qualify as both startup/early state and an established business will be allowed to compete in the category of their choosing as of application submission.
Entities that are tax-exempt organizations, non-profits, or charitable trusts are not eligible to participate.
Employees, officers, and directors of Business Impact NW, competition judges, other parties determined non-independent of Business Impact NW, and members of their immediate families and households are not eligible to participate. Business Impact NW reserves the right as its sole discretion to disqualify any applicant for any reason.
Prior winners of Business Impact NW IMPACT Pitch who won a prize award of $10000 or more are not eligible to apply.
Contestants must have access to email and internet to complete competition requirements. All contestants who advance to the final Digital Event will be required to compete on October 8, 2020 at 6:00pm PST.
Important Dates and Commitments
Round 1a: Business Model Questionnaire – Part 1: Contestants will be given a questionnaire that will explain their business model more in depth. Please plan for 1-3 hours to complete this part of the application, answers can be given verbally, written, and in any language. Plan for the following dates:
- June 30th, 2020: Application Submission by 5:00 pm PST
- July 13th, 2020: Contestants moving into the next round will be announced and given access to an on-demand webinar explaining the next part of the questionnaire.
Round 1b: Business Model Questionnaire – Part 2: Contestants will be given a questionnaire that will explain their business model more in depth. Please plan for 1-6 hours to focus on the answers that can also be given verbally, written, and in any language. Plan for the following dates:
- July 27th, 2020: Submissions are due by 5:00pm PST
- August 10th, 2020: Contestants moving into round 2 will be announced and Business Model Prizes will be awarded. Contestants will be given access to an on-demand webinar explaining round 2.
Round 2: Feasibility: Contestants will be given financial planning workbooks to prove the financial feasibility of their business. Questions will be included in the workbook that promote market research and solidify financial assumptions of business. You will include a feasibility statement. Plan to utilize up to 15 hours for this section, as it is more in depth and time consuming. Plan for the following dates:
- August 17th-21st: Coaching sessions will be made available for contestants.
- August 31st, 2020: Submissions are due
- September 14th, 2020: Contestants moving into the final round will be announced and Finalist Grants will be awarded. Contestants will be given access to an on-demand webinar explaining the final round.
Round 3a: Marketing Video: We anticipate that contestants will spend 10 hours planning and executing their 2-3 minute marketing videos. The videos will follow contest guidelines and will not have to be professionally created. Please plan for the following dates:
- September 23rd, 2020: Marketing Video Submissions are due.
- Videos will be posted to the Business Impact NW website and opened for public voting. Public voting scores will be combined with the public voting during the Live Virtual Impact Pitch event to determine the Audience Favorite Video Award.
Round 3b: Live Virtual Pitch: Contestants will have three weeks to prepare and refine their pitch presentations for the live virtual pitch in front of judges in a competition for award money. Please plan for the following dates:
- September 30th, 2020: Presentation Slides are due
- October 1st, 2020: Pitch Practice with Business Coaches
- October 2nd, 2020: Final Presentation Slides Revisions due (for those who utilized pitch practice)
- October 6th-7th: Each Finalist will do a Pitch Rehearsal on one of the two days
- October 8th, 2020: Live Virtual Pitch Event (5:30pm PST - Event Start/ 6:00pm PST – Pitch Start) (Exact times subject to change)
Prizes to be Awarded:
Business Model Prize ($500 x 12)
We are giving a $500 cash prize to the businesses in the “Business Model” round with the 2 highest scores in each of our mission demographics categories: Women-owned, POC-owned, Immigrant/Refugee-owned, LGBTQ-owned, Veteran-owned, and Rural. We hope that this can help the winners support their business and the expenses of conducting market research in the next round.
Finalist Grants ($800 x 10)
Each of our 10 finalists automatically receive an unrestricted cash grant of $800 for making it into the final round.
Audience Favorite Video Award ($1000 x 1)
The Marketing Video with the highest combined online public votes during the pre-Event voting period and the Live Event voting period will receive an award of $1,000 at the live Impact Pitch event.
Grand Prize Winners ($5,000 x 3)
From the live pitches, judges will award one business in each of the three business stage categories with a $5,000 grand prize.
Eligibility or award of one contest prize does not exclude a contestant from eligibility to win one or more other prizes.
Other Rules and Regulations
- Void Where Prohibited by Law: The Competition is subject to all applicable federal, state, and local laws and regulations and is void in any jurisdiction where it is prohibited by law or regulation.
- Competition and Official Rules Subject to Modification by Business Impact NW (BIN): The Competition and these Official Rules are subject to modification, cancellation, or limitation at any time at BIN’s sole discretion, with or without notice, including to persons who have already entered the Competition. All changes to or modifications of the Competition or these Official Rules will be posted on the BIN website (www.businessimpactnw.org). BIN’s failure to enforce any provision of these Official Rules shall not constitute a waiver of that provision.
- General Conditions of Participation in This Competition: Except where prohibited by law, submission of an entry constitutes the applicant’s consent, for purposes of advertising, trade, promotion, and publicity, to permit BIN and its affiliates, without notice or further compensation, a royalty-free, irrevocable, perpetual, non-exclusive license to use, reproduce, modify, create derivative works from and display in any and all forms of media, now known and hereafter devised, such applicant’s name, likeness, pictures, photographs, video, voice, biographical information, and statements. If necessary, applicants will sign any documentation that may be required for BIN or its affiliates to make use of these rights granted by applicants. Once submitted, all entries become the property of BIN and will not be returned. All semifinalists will be required to submit an IRS Form W-9 to continue participation in the Competition. The determination of which applicants advance to successive stages of the Competition, and which applicant is the ultimate winner of the Competition, shall be in BIN’s and the judges’ sole and absolute discretion, as applicable, and each applicant hereby acknowledges that none of BIN, its affiliates nor their respective officers, directors, employees, and agents including outside attorneys, shareholders, representatives, successors, and assigns shall be liable in any way for the selection of, or failure to select, any applicant to advance in the Competition.
- Similar Entries: By submitting an entry, each applicant acknowledges and agrees that BIN may obtain many entries in connection with this Competition and other competitions staged or promoted by BIN and that such entries may be similar or identical in theme, idea, format or other respects to other entries submitted in connection with this Competition or other contests sponsored by BIN or submitted for other reasons or other materials developed by BIN. Each applicant waives any and all claims against any BIN. Party that he, she or it may have had, may have, or may have in the future, that any Competition entry or other works accepted, reviewed or used by the applicant may be similar to his, her or its Competition entry, or that any compensation is due to the applicant in connection with the entry or other works used by a BIN Party. Each applicant agrees that no BIN Party shall have any responsibility for any unauthorized use of any Competition entry by third parties.
- Disqualification: BIN reserves the right, in its sole discretion, to disqualify any applicant for any reason, including, but not limited to, for the submission of any incomplete entry or any entry not complying with these Official Rules, or any applicant that it finds to be: (i) tampering with the entry process or otherwise tampering with the operation of the Competition, the Competition website, or any other website or web banner ad related to the Competition; (ii) acting in violation of the Official Rules; (iii) acting in a non-sportsmanlike or disruptive manner, or with intent to annoy, abuse, threaten, harass, harm, mislead, or defraud any other individual or entity; or (iv) otherwise in violation of the law, in each case as solely determined by BIN. Any person attempting to defraud BIN or any other applicant or in any way tamper with the Competition will be ineligible to compete in or win the Competition and BIN may seek any and all remedies available to it, including, if appropriate, filing complaints with legal authorities.
- Website or Competition Corruption: If for any reason, in BIN’s sole discretion, the Competition is not capable of running as planned or if the administration, security, fairness, integrity, or proper conduct of this Competition is corrupted or adversely affected, BIN reserves the right to cancel, terminate, modify or suspend the Competition.
- BUSINESS IMPACT NW RESERVES THE RIGHT, AT ITS SOLE DISCRETION, TO MODERATE ALL ENTRIES FOR COMPLIANCE WITH THESE OFFICIAL RULES OR TO DISQUALIFY ANY ENTRY THAT IT FEELS IS INAPPROPRIATE, OBJECTIONABLE OR INCONSISTENT WITH THE POSITIVE IMAGE OR GOODWILL IT WISHES TO PROMOTE IN THE COMPETITION. UNLESS OTHERWISE NOTED, ALL 11 SCORING, JUDGING, AND ADVANCEMENT DECISIONS WILL BE COMPLETED AT THE SOLE DISCRETION OF A PANEL OF BUSINESS IMPACT NW EMPLOYEES.
- ALL APPLICANTS ACKNOWLEDGE AND AGREE THAT ALL ENTRY MATERIALS SUBMITTED IN CONNECTION WITH THIS COMPETITION ARE SUBMITTED ON A NON-CONFIDENTIAL AND NONPROPRIETARY BASIS AND MAY BE USED BY BIN AND ITS AFFILIATES FOR ADVERTISING AND PROMOTIONAL PURPOSES INCLUDING, BUT NOT LIMITED TO, IN CONNECTION WITH THE COMPETITION WEBSITE. APPLICANTS AGREE THAT THEY WILL NOT USE THE ENTRY MATERIALS FOR ANY OTHER PURPOSE WITHOUT THE EXPRESS CONSENT OF BIN IN EACH INSTANCE.
- Limitation of Liability: BIN is not responsible or liable for illegible entries, late, forged, destroyed, lost, misplaced, stolen, misdirected, tampered with, incomplete, deleted, damaged, garbled, altered, or otherwise not in compliance with these Official Rules, whether caused by BIN, the applicant, or anyone else.
- Applicants’ Own Work: Each applicant’s submission must be entirely their (or in the case of a team effort, the team’s) own original creation and must not infringe upon or violate any laws or any rights of third parties, including, but not limited to, such violations as an infringement of copyright, patent, trademark, trade secret or other proprietary or property right, libel, defamation, violation of rights of privacy, publicity, personality or celebrity, or any contract right, or any other right of any individual, corporation or entity. Each applicant must obtain all necessary permissions, licenses, clearances, releases, waivers of moral rights and other approvals from third parties (including but not limited to all copyright holders and all individuals appearing in a video submission), necessary to use the submission, in whole or in part, in any way, including without limitation, to reproduce, make derivatives, edit, modify, translate, distribute, transmit, publish, license and broadcast worldwide, by any means. Any and all such permission, licenses, clearances, releases, waivers of moral rights and approvals must be provided to BIN upon its request. No BIN party shall be responsible for any third-party for any applicant’s failure to comply with this provision, and each applicant agrees to indemnify the BIN parties for any such claim.
- Voting: If any applicant is found to be soliciting votes in return for a purchase or payment of any kind, or any other form of consideration or inducement, the applicant may be disqualified at BIN’s sole discretion. Applicants are prohibited from obtaining votes by any fraudulent or inappropriate means or practices, including, without limitation, offering prizes, payments or other inducements, to members of the public or using any website designed to induce individuals or provide other incentives to vote for the applicant’s entry, as determined by BIN in its sole discretion, and BIN reserves the right to disregard any votes that it deems ineligible or fraudulent. The use of scripts, macros or any automated system or practice to vote or with the intent to impair the integrity of the voting process is prohibited and all such votes will be void. Any attempt by any voter to obtain more than the stated number of votes by using multiple accounts, identities, registrations or logins, or any other method will void that voter’s votes and that voter may be disqualified. BIN reserves the right to select alternate finalists should the voting appear to be tampered with or manipulated in any way.
- Affidavit & Release: As a condition of receipt of the award, the winner of the Competition will be required to execute and deliver to BIN a signed Affidavit of Eligibility, which includes an acceptance of these Official Rules and a release of liability.
- Notice to Winners: As a condition of receipt of the award, the winner of the Competition will be asked to agree that the funds awarded are solely to fund the business described in the winner’s entry form. Funds awarded are nontransferable and may be considered taxable income, and the BIN parties assume no responsibility with respect to any tax liability incurred by the winner in connection with the award; applicants are advised to consult with their tax advisors for more information. BIN reserves the right to contact the winner on a regular basis for a period of one year after completion of the Competition to check on the status and will ask for a summary within twelve (12) months as to how well the funding met the expectations of the applicant. Items within this summary may be published by BIN.
- Release and Waiver: By entering the Competition, each applicant irrevocably agrees and acknowledges to be bound by the Official Rules and all applicable laws and decisions of BIN which are final and binding in all respects; to forever and irrevocably waive all of his, her, or its rights to claim ambiguity with respect to the Official Rules and to waive all of his, her, or its rights to bring any claim, action, or proceeding against any BIN party in connection with the Competition; and to forever and irrevocably release, indemnify, and hold harmless the BIN parties from any liability (including, but not limited to, liability for defamation, libel, slander, invasion of privacy, infringement of publicity or any intellectual property rights, any property loss, damage, personal injury, bodily injury, death, expense, accident, delay, inconvenience or irregularity, and any indirect, incidental, consequential, special, punitive or exemplary damages of any kind, even if a BIN party has been advised of the possibility of such loss or damages), costs and expenses (including, without limitation, reasonable outside attorneys’ fees) that may arise from, result from, or are in connection with: (a) the Competition including, but not limited to, any Competition-related activity or element thereof and the applicant’s entry, participation, or inability to participate in the Competition; (b) the violation of any privacy, personal, publicity or proprietary rights; (c) typographical errors in these Official Rules or any Competition promotional materials; (d) any change in the prizing (or any components thereof) due to unavailability, business or creative considerations, or reasons beyond BIN’s control or as otherwise set forth in these Official Rules; (e) any interruptions in or postponement, cancellation, or modification of the Competition; (f) human error; (g) incorrect or inaccurate transcription, receipt, or transmission of any part of the Competition entry; (h) any system, computer timing or dating mechanism, computer equipment, software, or Internet service provider utilized by BIN or by an applicant; (i) interruption or inability to access the Competition, the website, or any other Competition-related websites or any online service via the internet due to hardware or software compatibility problems; (j) any damage to applicant’s (or any third party’s) computer or its contents related to or resulting from any part of the Competition; (k) any lost or delayed data transmissions, omissions, interruptions, defects, and/or any other destroyed, incomplete, undeliverable or damaged Competition entries; (l) any wrongful, negligent, or unauthorized act or omission on the part of a BIN party; (m) the public voting or the tabulation of the votes, or (n) the selection by any BIN party or its advisors of the finalists.
- Disputes: Except where prohibited, all issues, questions and disputes concerning the construction, validity, interpretation, and enforceability of these Official Rules, or the rights and obligations of the applicant and BIN in connection with the Competition, shall be governed by, and construed in accordance with, the laws of the State of Washington, without giving effect to any choice of law or conflict of law rules (whether of the State of Washington or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Washington. By entering, applicants consent to the jurisdiction and venue of the federal, state, and local courts located in Seattle, Washington.
- Additional Considerations: Business Impact NW will NOT offer credit to business entities whose nature is contrary to our mission and to the reasons we provide financial services. The following businesses are excluded from this competition: Any business engaged in illegal practices; Companion, escort and dating services; Massage parlors; Sexual encounter clubs, organizations, and websites; Sexual in nature businesses such as bikini barista stands; Growth, processing, or retailing of cannabis; Gun shops; Tanning salons; Lotteries or raffle; Pornographic material; Pyramid schemes, multi-level sales, etc.; Gambling establishments or casinos; Pawnshops; Check cashing, payday lending
This Competition is sponsored and administered by Business Impact NW, 1437 S Jackson St. Seattle, WA 98144.