TERMS & CONDITIONS

TERMS & CONDITIONS EXPONENTIAL CHANGEMAKERS 2020

Download TERMS & CONDITIONS
“We are committed to create, design and bring to reality disruptive ideas for the benefit of the world through collaborative innovation between corporations, startups and it's ecosystem”

1. WHAT IS PROGRESO X AND ITS FOCUS

Progreso X is the corporate accelerator of Progreso. Our parent company is the leading cement manufacturer in Guatemala and has been the region leader for over a century.Progreso X has the objective to create, design, and bring to reality disruptive ideas through a collaborative process between corporations, startups and its ecosystem. We focus on four core values: solutions need to be human-centered, sustainability is in the top of their minds, the believe adapting to change is about continuous learning and finally they understand culture as the basis for design.

2. WHAT ARE WE SEEKING TO SOLVE

Progreso seeks to generate technological capabilities to master a digital experience with its clients and increase the value and quality of the services that are being offered. We are looking for key partners to solve the Guatemalan housing deficit through collaborative innovation. Some of the things we are trying to solve are:

• Monitor, analyze and capture all customer data to improve their experience;
• Develop mobile platforms that guarantee web-based functionalities and improve customer experience;
• Digitize and automate repetitive or manual key processes to deliver a digital experience
• Create a project marketplace that connect customers and suppliers and monitor project development;
• Streamline B2B payment processes where transactions are made safely, easily and without friction across platforms (mobile included);
• Have real-time traceability of the supply chain, control the movement of inventory products from factory to the end consumer and physical stores for strategic supply in all geographical points, and provide the client visibility of the status of their orders.

3. HOW DOES THE PROGRAM WORK

First, to participate you must registrate through our digital platform. Progreso X will filter the information, qualify and evaluate the participants and select who will continue on the program.

Second, pre-selected participants will have the chance to make a proposal during an event hosted by Progreso X. This phase will also be known as the competition. Progreso X and its team of experts will evaluate the proposals based on scalability, sustainability, economic viability and innovation. The best proposals will be selected to work on an innovation loop(pilot) of the proposed project.

Third, the selected participants will negotiate with Progreso X to carry out the innovation loops with a corporation’s business units.

4. WHAT IS THE NATURE OF THE PROGRAM AND THE RELATIONSHIP WITH THE PARTICIPANTS

Participants accept and undertake to comply with the terms and conditions of the program.Find attached the complete version of these conditions.

5. WHAT TO DO TO PARTICIPATE

By participating in the program, you will be bound to the terms and conditions imposed byProgreso X. All natural and legal persons with legal capacity will be considered participants to the program.

5.1. Registrate;
5.2. Have the ability to allocate human, technical and/or financial resources;
5.3. Participants authorize and assign to Progreso X the rights to generate content and distribute it through social media and any other communication channel;
5.4. Participants guarantee ownership of the rights established in the proposals, including Intellectual Property and Copyrights.

6. DO WE ENTER INTO CONFIDENTIALITY AGREEMENT

Progreso X and any participant will work together to develop and execute different solutions; in order to do so there will be a free flow of information that could be classified as confidential.It is understood that any information received or to which the receiving party or parties have access will be treated as confidential information. Anyone who breaches this agreement will be liable for damages caused. The parties will not be held liable if the information is given because of a legal requirement.

7. CAN WE EXCHANGE AND USE YOUR INFORMATION

We are authorized to use any information and personal data contained in files, records or any other form of public and private data banks. We may store, process, make use, protect, and disseminate this data. Progreso X will use the data during the program for legitimate purposes and by fair legal means.

Progreso X has implemented all the necessary mechanisms for the protection of data and information. We will not be responsible for any damages that may arise from the use of the platform. Also, we will not be responsible for any false information given by the participants.

Progreso X will be able to collect and store data and information necessary during all phases of the program. Also, the program and its digital platform will have free flow of information and may transfer all information through international borders. We do not have the intention or the right to transfer information, files or databases to third parties. Participants can revoke any of the rights given to Progreso X at any time by doing a formal request.

8. WHERE ARE WE BASED AND WHERE IS THE PROGRAM GOING TO TAKE PLACE

Progreso X is a Guatemalan entity and the program will be based in Guatemala City. All participants acknowledge that any controversy or conflict that arises during the program will be subject to Guatemalan law.