TERMS and CONDITIONS of Grant Contest

milestoneBased  is solely responsible for the creation and fulfillment of this program and grant.  It is open to all startups subject to KYC and other legal requirements that must be abided by in the USA and the State of California. Employees and agents of milestoneBased or Applicature and their respective parent companies, affiliates, subsidiaries, advertising and promotional agencies, assignees, licensees, and members of their immediate families are ineligible. By entering, you agree to abide by the terms of the official rules and any decision of the judges. The judges will be deciding on the quality of your roadmap, your team, and ability to scale from  information listed on the milestoneBased platform plus other public domain information on your project. If you are shortlisted, they will be in touch to ask additional questions to qualify your suitability to be awarded the grant. A grant of $20,000 USD will be awarded to 3 top startups as decided by judges by quarter. $250,000 USD has been allocated for this program in total for up to 12 startups. Grants will be awarded at the end of every quarter once the roadmap is complete and the entry form has been filled out. You must do a Twitter and Telegram post stating that you’ve entered,  and a  “follow” of these milestoneBased channels to be entered (is confirmed as a question in entry form.)
This program starts at the beginning of July, 2022 and runs for 4 quarters ending a year later, at the end of June, 2023. Grant winners  will be notified by email within 2 weeks after the quarter has concluded in October 2022, January 2023, April, 2023 and July, 2023. The grant  is non-transferable, and must be taken as awarded. The grant will be awarded upon verification that the development goal specified in the roadmap has been completed. Additional confirmation documents for verifying awarding of the grant/transfering of funds must be signed.We collect entrants' email addresses, names and phone numbers to get in touch with you as part of this contest which are subject to our privacy policy and GDPR  regulation.