|01||TITLE||“MSC Malaysia Intellectual Property Creators Challenge 2013” or the “MSC Malaysia IPCC 2013” (the “Competition”).|
|02||ORGANIZER||Multimedia Development Corporation Sdn Bhd (MDeC)(the “Organizer”).|
Key objectives of the Competition are as follows:
There are three (3) categories under the Competition, as follows:
The Competition duration for the respective categories, are as follows:
Participation in the Competition must be in teams of individuals or as a company / enterprise / sole proprietorship (“Participants”), subject to the following conditions:
Subject to Rule 6 (b) below, Category A only open to companies / enterprises or sole proprietorship and not to teams of individuals. Category B and C is open to companies, enterprises or sole proprietorship and teams of individuals. Each teams of individuals for Category C must consists a minimum of Three (3) and a maximum of Six (6) number of individuals who are eligible as defined in Rule 7 below. Each eligible person can only participate in one (1) team. Substitution of team member(s) under Category A, B or C is prohibited without the express written consent of the Organiser. Under all categories a team leader must be appointed to represent each team. The team leader is required to complete and submit the documents identified in Rule 8 below (“Competition Entry”) on behalf of the team. Participants must be at least eighteen (18) years of age.
b.Companies / Enterprises /Sole Proprietorships
Only Malaysian companies as defined under the Companies Act 1965 with at least 51% equity owned by Malaysians or Malaysian owned enterprises with no winding-up petition pending and/or threatened against the company nor has the company committed any acts of insolvency, within or outside Malaysia or sole proprietorships as defined and registered under the Registration of Businesses Act 1956 are eligible for the Competition. A company / enterprise or sole proprietorship must appoint a representative to submit the Competition Entry and for purpose of liaising with the Organizer on behalf of the company/ enterprise or sole proprietorship.
The Competition is open to all Malaysian citizens and permanent residents EXCEPT for:
a. Individuals who are still schooling and/or attending any institutions of higher learning, including but not limited to primary and secondary school students, undergraduates and persons pursuing post-graduate studies;
b. Winners under any of the categories from the MSC Malaysia Intellectual Property Creators Challenge 2012; and
c. Employees and the immediate family members of the Organiser (and its subsidiaries), sponsors and their group of companies, as well as employees and immediate family members of the mentors and judges.
All entries to the Competition containing the following must be submitted to Organiser online at www.mscmalaysia.my/ipcc no later than the respective Deadline:
a. A duly completed Application Form;
b. A declaration to the Organiser that the Competition Proposal and the works relating thereto (the “Works”):
c. A complete Competition Proposal in accordance with the following format:
|10||MULTIPLE ENTRIES||An individual is only allowed to participate in ONE (1) team of individuals. A team of individuals or a company / enterprise / sole proprietorship is allowed to submit more than one (1) Competition Entry and category. For the avoidance of doubt, in the event more than one (1) Competition Entry of the Participants was shortlisted by the Organiser, the Participants would be allowed to pitch all its shortlisted Competition Entry at the Pitching stage of the Competition. However, only one (1) of the pitched Competition Entry would be chosen as the winning entry (if applicable).|
|11||WIDRAWAL||No withdrawal from the Competition is allowed after the respective Deadline.|
|12||NON COMPLIANCE||Failure to comply with any of the above submission requirements may result in automatic disqualification. Submitted materials will not be returned and Participants are encouraged to keep a copy of submitted materials for records purposes.|
|13||ORIGINALITY||All Competition Entry and the works relating thereto must be original. Failure to submit an original entry will result in disqualification from the Competition.|
|14||NO INFRINGEMENT||Infringement of any third party rights is strictly prohibited and will result in automatic disqualification. In the event of any claims, the Participants must take full responsibility and deal with the said third party claims at their own costs. The Organiser accepts no responsibility or liability in such matter. The Participants shall indemnify the Organiser against any claims or indirect, special, incidental, or consequential damages from any party that may arise from the Competition Entry submitted under the Competition.|
There are two (2) stages in the judging process, as follows:
a. Stage (1) – Shortlist:
A panel of judges will review the Competition Entry(ies) and shortlist the following specified number of Competition Entry(ies) to proceed to the next stage of the Competition, known as the “Pitching” stage.
In the event the Organiser required additional information or materials before the Pitching stage, the team must submit such pitching information or materials to the Organiser within two (2) working days from the date of the request.
b. Stage (2) – Pitching:
Upon notification that the Competition Entry is shortlisted for Pitching, the team is required to submit the presentation / pitching materials to the Organiser at least one • week before the Pitching day. All team members are required to attend and pitch their idea on the Project on the Pitching day. During the Pitching day, each team will be required to test the presentation / pitching materials one (1) hour before the presentation starts. Each team will be given ten (10) minutes to pitch its idea(s), main character and concept, business module, schedule and budget, together with the commercialization potential of the Works. Thereafter, each team is allocated another ten (10) minutes for Q&A. Laptop and LCD Projector will be provided during Pitching day.
Judging is at the sole and absolute discretion of the judges and all decisions made are final. Judging will be conducted based on the following criteria:
Winners under each of the categories of the Competition will be given a grant to allow the winner to proceed to develop the Works described in its Competition Entry (“Conditional Grant”) SUBJECT to the following conditions:
Hereinafter each submission would be known as “Project”.
|18||WINNER(S) AND CONDITIONAL GRANT||
|19||OWNERSHIP OF COMPETITION MATERIALS||By entering the Competition, the Participants agree to provide the Organizer with the right to use the Works and Project (if applicable) for purpose of showcasing any and all works produced by the Participants under the Competition for promotional purposes. The Participants further agree that the Organizer reserves the right to use the Participants’ name in connection with such promotional showcasing, but shall have no obligation to do so.|
|20||NO REVISION(S)||Upon submission of Competition Entries, no revision will be accepted and the Organizer will not entertain any request for the return of the Competition Entry.|
|21||LIMITATIONS ON LIABILITY||The Organizer, sponsors and their group of companies and their employees, agents and representatives hereby disclaim any and all liabilities that may arise in connection with the Competition Entry(ies) and any materials produced in relation thereto. Further, the Organizer and its employees, agents and representatives shall not be held responsible for any Competition Entry(ies) that are lost or damaged in transit. Competition Entry(ies) are automatically rejected if incomplete, unreadable, damaged, mutilated, tampered with, falsified, mechanically reproduced, irregular in any way or otherwise not in compliance with the Competition rules and regulations. The Organizer reserves the right to cancel, terminate, modify, suspend, or extend the Competition at any time.|
|22||DISPUTES||As a condition of participating in the Competition, the Participants agree that any and all disputes which cannot be resolved between the parties, and causes of action arising out of or connected with the Competition, shall be resolved individually, without resorting to any form of class action, exclusively, before a court located in Malaysia having competent jurisdiction, which court shall apply the laws of Malaysia.|
|23||RULES AND REGULATIONS||By submitting a Competition Entry and therefore participating in the Competition, each Participant agrees to be bound by and abide to these rules and regulations including decisions made by the Organiser, including any amendments, modifications and/or interpretation of these rules and regulations.|