DRAFT: not legal advice. JeybCorp and its lawyer must complete and approve this page before launch, then remove this notice and everything in [square brackets].
Last updated: [date]. These terms apply when you submit an application to JeybCorp through this website. JeybCorp is operated by [legal company name], [registered address].
1. Who can apply
The business must run on the internet and be able to scale within three months. Street buying and selling is not eligible. Applicants must be at least [age] years old and [any location or company requirements].
2. Selection
Applications are reviewed every three months and one business is selected from each round. JeybCorp makes the selection at its own discretion. Applying does not guarantee selection or sponsorship.
3. Sponsorship
[What the sponsorship includes, including any amount and how it is paid.] [What JeybCorp receives in return, such as equity, revenue share or none.] The selected business will be asked to sign a separate agreement before any sponsorship begins.
4. Your idea and your application
[Who owns the idea, and what JeybCorp may do with pitches that are selected and not selected.] [Whether JeybCorp may review similar ideas or back similar businesses.] You confirm that what you submit is accurate and that you have the right to share it.
5. Confidentiality
Applications are not published on this website and are only available to the team reviewing them. [Any further confidentiality commitment approved by JeybCorp.]
6. Liability
[Limits of liability approved by JeybCorp’s lawyer.]
7. Governing law and contact
These terms are governed by the laws of [country or state]. Questions can be sent to [contact email].