Rules of Participation

Organizer

The Call for Applications to the 2019 Innovative Snacks Challenge is being launched by Campofrío Food Group Holding, S.L.U., tax identification code B-84658202, having its registered office at Avenida de Europa no. 24, 28018, Alcobendas, Madrid (hereinafter ‘Campofrío’ or the ‘Organiser’).Eatable Adventures, S.L. manages the Call for Applications on behalf of Campofrío.

You can learn more about Campofrío by visiting campofrio.es (available in Spanish only).

The Call for Applications is subject to the conditions established in these Terms and Conditions.

Introduction

CAMPOFRÍO FOOD GROUP, S.A.U. is the parent company of a group of companies that includes,inter alia, CAMPOFRÍO FOOD GROUP HOLDING, S.L.U. Among their other activities, these companies are dedicated to the production and sale of food products across food and hotel/catering distribution channels. These products enjoy substantial, quality market recognition among consumers in all geographic markets in which the group operates. This year, Campofrío is launching the Call for Applications to the 2019 Innovative Snacks Challenge to start-ups around the world to identify innovative, concrete and achievable products or solutions that respond to the challenges set by Campofrío.

 The 2019 Innovative Snacks Challengeis composed of the following phases:

Phase 1 – Call for Applications

Phase 2 - Evaluation and selection of projects

Phase 3 – 2019 Innovative Snacks Challenge Event

 Target Applicants

The target applicants are start-ups with commercially validated solutions or products with market traction that are capable of responding to the challenges posed, which develop their value propositions in Campofrío’s field of business, adding scalable business models that are unique in the market and that satisfy the requirements established in these Terms and Conditions.

Priority Interest Areas 

The 2019 Innovative Snacks Challenge, in its clear commitment to innovation in the industry’s Food segment, poses the following challenges focused on three areas:

  • New snacking products:

New products including new ingredients and formats in response to a new consumer model and specific needs. Based on alternative proteins, with a focus on healthy food that take into account new dietary habits.

  •  New snack brands:

New brands already positioned in the snack category with products focused on meeting specific needs of different market segments.

 In addition, the 2019 Innovative Snacks Challengeseeks start-ups with solutions in:

  •  Snacks aimed at covering new consumption opportunities and new consumers:

With distribution models in new channels and clear positioning in healthy alternatives.

The projects received must take into account the characteristics of Campofrío when it comes to a potential implementation of the product or the solution within its structure.

The Call for Applications will be open to international applicants and the projects should be able to be implemented in Spain and in Europe during a first phase.

Process for Participation and Selection of Projects

Participating start-ups must register and complete the 2019 Innovative Snacks Challengeform at innovativesnacks.com, where they can officially submit their application and from that moment be considered applicants (hereinafter, the ‘Applicants’). The applications must meet the requirements established in these Terms and Conditions, particularly, the terms established in the section ‘What is the 2019 Innovative Snacks Challenge?’

The applications will be evaluated in strict chronological order according to when they are received.

The Organiser may reject any project submitted by any Applicant that does not meet any condition or requirement established in these Terms and Conditions.

The evaluation criteria are the following:

  • Criteria relating to product or service innovation 

Value proposition 

Degree of innovation and differentiation of the business model of the product or service compared to the current competition 

Application of technology, intellectual property and patents

  • Criteria relating to team composition

Clear skills and capabilities for business success 

Team background 

Social skills to cultivate a network of contacts

Knowledge of the industry and/or scope of the project 

Commitment and dedication of the team to the project

  • Criteria relating to the business

Market potential: scalability and profitability 

Go-to-market strategy 

Social and economic impact of the project 

International scope

  • Criteria relating to KPIs

Sales

Sales projection 

Social media

  • Criteria specific to Campofrío

Adaptation to the Campofrío processes 

Strategic adaptation and competitive advantage 

ROI 

Others

 It is very important that in their application, Applicants demonstrate the market potential of their company and the motivations for participating in the 2019 Innovative Snacks Challenge.

The information requested in the participation form is annexed to these Terms and Conditions.

Once the application has been received via innovativesnacks.com, the corresponding Evaluation Committee, formed by a specially appointed team of Campofrío and Eatable Adventures executives, will evaluate it.

The Organiser reserves the right to contact any Applicant, at any time during the Call for Applications process, in order to request more information or to evaluate in depth the scope and viability of any submitted project.

After the evaluation phase, the final selection of the projects will be communicated on an individual basis.

 What is the 2019 Innovative Snacks Challenge? 

The first phase will be the Call for Applications to the 2019 Innovative Snacks Challenge, which will be made public on 2nd July 2019 and remain open until 15th August 2019. The period for receiving applications may be extended up to 15 additional days by Campofrío, if necessary.

All projects received after the set date will be automatically excluded from the Call for Applications.

 In a second phase, between 15th August and 31st August 2019, the projects received will be evaluated. An Evaluation Committee formed by both the team appointed by Campofrío and a team from Eatable Adventures will carry out this evaluation.

The Evaluation Committee will consist of:

From Campofrío

  • Eduardo Burgos

  • José Vilches

  • Olimpia Peyrona

  • María Jasinski

  • Miguel Socorro

  • Joaquín Tirado

 From Eatable Adventures

  • José Luis Cabañero

  • Mila Valcárcel 

  • Itziar Ortega, Corporate Program Director

 Up to 10 finalists will be selected and the Applicants will be personally notified that their project has been selected between 1 and 15th September.

In a third phaseon 3 October 2019, the final event will take place: the 2019 Innovative Snacks Challenge in Madrid, where up to 10 finalists will be able to defend their solution or service personally before the Campofrío executives.

The event will take place at the headquarters of Campofrío - Sigma Europe during one full day.

Among the finalist projects, a winning Applicant and two runner-up Applicants will be chosen, who will be eligible for the following prizes, depending on the nature of the product or service presented:

  • Cash prize

Contribution of up to EUR 10,000 to help generate value and momentum for the venture, subject to a preferential agreement according to the terms below or those provided under the section ‘Reservations and Conditions’. The payment of the prize will be made by bank transfer made by Campofrío to the winner, according to conditions and formalities to be determined by mutual agreement.

In addition, and subject to the decision of the Organiser, the following agreements may be reached.

  • Preferential agreements

Campofrío reserves the right to reach preferential marketing and distribution agreements in favour of Campofrío or the companies of its group, with the selected Applicant during a determined period of time and according to conditions to be determined by mutual written agreement.

  • Potential integration within the company

Campofrío reserves the preferential right to acquire the product or solution of the project presented in the Application, to be integrated within its current portfolio, according to conditions to be determined by mutual written agreement.

  • Investment potential

Campofrío reserves the right to invest an amount of up to EUR 300,000 in the winning Applicant, as well as in the 2nd and 3rd place Applicants, subject to an agreement between the Applicant and Campofrío in which the conditions of said investment are established.

Due to the breadth of the scope of this Challenge and the different types of solutions, the prizes will be adapted to the solutions or products of the winning Applicants as well as to Campofrío’s available resources, without Campofrío assuming any commitment or granting any guarantee in this regard.

Campofrío reserves the right to declare unilaterally the prizes void if it considers it appropriate to do so, without it being considered as causing any damage to the participating Applicants. The decision by Campofrío will be at its discretion and without appeal.

Requirements for Participation in the 2019 Innovative Snacks Challenge 

The Applicant must be legally incorporated and up to date with all fiscal and Social Security obligations.

The representative of the Applicants, who proceeds to submit the Application in the Call for Applications, must be a natural person, of legal age and declares that he/she has the capacity to represent the Applicant.

The participating Applicant must prove that it has the product or solution in operation on the market, with recognised commercial validity through customer traction and proven sales.

Dates for the 2019 Innovative Snacks Challenge (*)

Deadline for receipt of applications. From 2 July to 15 August 2019 (both included), which may be extended 15 days if necessary.

Evaluation of projects received. From 15 August to 31 August 2019 (both included).

Individual communication of selected projects. From 1 September to 15 September 2019 (both included).

2019 Innovative Snacks Challenge Event: 3 October 2019.

(*) Campofrío reserves the right to modify the dates without prior notice or necessary justification.

If the dates are modified, Applicants participating in the 2019 Innovative Snacks Challenge will be informed in advance.

Reservations and Conditions

By completing the registration form, the Applicant expressly accepts the registration in the 2019 Innovative Snacks Challenge and that the information sent in that form will be evaluated by Campofrío, without any restriction or condition.

It will be understood that the Applicant participates in the Call for Applications as soon as it registers on the website and sends his project, as indicated in the section ‘Process for Participation and Selection of Projects’. By participating, the Applicant agrees that it has read and accepted, completely and without reservations, these Terms and Conditions.

If the Applicant is a legal person, whatever its corporate form, the representative who submits the application to the Call for Applications shall act on its behalf, in which case said Applicant shall always and at all times respond to the acts performed by said representative, regardless of the authorisation regime or powers of attorney that may exist between them.

Any start-up that develops business activities and meets the conditions established in these Terms and Conditions may participate in the Call for Applications. Rules applicable to consumers and users does not therefore apply to the Call for Applications.

The mechanics of the 2019 Innovative Snacks Challenge requires Applicants to provide their activity and project data completely and truthfully. Campofrío is not responsible for the lack of truthfulness or inaccuracy of the data provided by the participating Applicants.In this sense, merely by way of example, Campofrío is not liable if it is unable to contact the representatives of the participating Applicants to communicate the final selection due to a mistake in the data provided.

Each Applicant warrants that it has exclusive ownership over all intellectual or industrial property rights with respect to the specific content of the project proposed in the Call for Applications, and that, if its project is selected, it can be carried out without infringing the rights of third parties or any applicable laws.

By registering in the 2019 Innovative Snacks Challenge, the participating Applicants expressly accept that Campofrío can use their name to communicate the final selection of winning Applicants without generating any remuneration to them. In addition, the participating Applicant who registers in the 2019 Innovative Snacks Challenge expressly accepts that Campofrío can use its image, name, logo or commercial name, by any means or format and for corporate, advertising and promotional purposes to disseminate this initiative, without any restriction as to territory and for an unlimited duration and without generating any remuneration to them. The Applicant guarantees Campofrío the enjoyment and peaceful use of said image, name, logo or commercial name in the terms provided herein, indemnifying and holding it harmless against any claim of any third party in this regard.

Campofrío, its logos, and the other trade marks, distinctive signs and graphical representations used in connection with the Call for Applications are registered trademarks of Campofrío or the companies of its group. The Applicant is not granted any right or licence with respect to any of the aforementioned trademarks or to their use.

Campofrío reserves the preferential right to negotiate with the Applicants, without commitment to reach any agreement, on the acquisition, marketing, licensing, distribution and any kind of use of the results, products or services of the projects presented during the term of the Call for Applications and for a period of one year after its completion.

Winning Applicants of the Call for Applications and Campofrío must sign a written agreement that formally governs their relationship during the implementation phase and the conditions applicable to the assumed obligations.

Applicants that participate in the 2019 Innovative Snacks Challenge must comply with the participation conditions established in these Terms and Conditions. If they do not fulfil these conditions, Campofrío reserves the right to cancel their participation in the 2019 Innovative Snacks Challenge unilaterally without incurring any responsibility. In the same way, any false declaration, false identity, fraud, abusive use or bad faith will result in the immediate disqualification of the Applicant and, if applicable, the obligation to return any prize received from Campofrío.

Travel expenses, accommodation and subsistence allowances or any other cost that may arise from the activities set out in the 2019 Innovative Snacks Challenge will be borne by the participating Applicants, without Campofrío assuming any obligation with respect thereto.

Campofrío makes no promise or guarantee concerning the Call for Applications.

For the resolution of any dispute arising from the interpretation and/or compliance with these Terms and Conditions, the parties, renouncing any other general or special jurisdiction to which they may be entitled, submit their dispute to the Courts and Tribunals of Madrid.

Without limiting in any way the rights established by the applicable provisions, Campofrío will not be liable, nor will it assume the damages that could be caused by any interruption, transmission problem, loss of information, fraud, communication failure of the Call for Applications due to technical or other problems beyond its control or that are attributable to third parties, or any other circumstance of force majeure or not attributable to Campofrío.

The Organiser reserves the right to amend any of these Terms and Conditions, due to needs of organisation, public order or otherwise, with due notification to the Applicants.

Consent and Data Protection

By completing the participation form, the Applicant expressly accepts its registration in the 2019 Innovative Snacks Challenge and that the information sent in the form will be evaluated by Campofrío Food Group Holding, S. L.U., having its registered office at Avenida de Europa no 24, tax identification code B-84658202, only for the purpose of fulfilling the very purposes derived from the 2019 Innovative Snacks Challenge, as well as for the sending of newsletters and notices that may have been subscribed and for the sending of future commercial communications that could be of interest to it. The processing of the information sent will take place only for the duration of the2019 Innovative Snacks Challenge.

The exercise of the rights of access, rectification, erasure, cancellation, objection, restriction, portability, withdrawal of consent and right to be forgotten, and any claim before the Supervisory Authority regulated in the General Data Protection Regulation (GDPR) and Spanish Organic Law 3/2018 of 5 December on the Protection of Personal Data and the Guarantee of Digital Rights, may be carried out in the legal terms by communication, by mail or email to Campofrío Food Group Holding, SLU dpo.external@campofriofg.com.

The information collected will not be transferred to any third party, except in compliance with a legal or judicial obligation.

In compliance with the General Data Protection Regulation of the Council and the Commission of the European Union, 679/2016 (GDPR) and Spanish Organic Law 3/2018, of 5 December, on the Protection of Personal Data and the Guarantee of Digital Rights, representatives of Applicants are informed that the data they provide will be incorporated into the computer files of Campofrío, and will be processed by it exclusively for the purposes set out, and the following basic information is provided with regards to the processing:

  • Basic information concerning the processing of personal data:

Controller: Campofrío Food Group Holding, S.L.U., having its registered office at Avenida de Europa no. 24, 28018, Alcobendas, Madrid.DPO: dpo.external@campofriofg.com. Purpose of the Processing: The data processing is intended for participation and registration in the Call for Applications to the 2019 Innovative Snacks Challenge, as well as to send the informational bulletin or newsletter and/or commercial communications/promotions, or the sending of information requested through forms. Campofrío does not create profiles on users. The typology of the data will be that which appears in the Annex ‘Information Requested in the 2019 Innovative Snacks Challenge Form’.

Period of processing: Campofrío will store the personal data only during the period of the ‘2019 Innovative Snacks Challenge’, and the personal data will be blocked from being made available to courts or authorities for possible responsibilities arising from the processing of the data and only during the prescription period thereof.

Legal Basis of the Processing: the legal basis of the processing of your personal data is participation in the Call for Applications to the ‘2019 Innovative Snacks Challenge’, as well as access to the newsletter or provision of content, by Campofrío, for which you must give your consent in a clear and unambiguous manner through an affirmative action consisting of reading and accepting the form.

Consent: By checking the box that appears on the information collection form, you will grant your unequivocal consent for Campofrío to dispose of the personal data for the aforementioned purposes.

However, you can revoke, upon justified request, your consent to the processing of the personal data provided. To exercise this right, you must send an email to dpo.external@campofriofg.com or a letter to Campofrío Food Group Holding, S.L.U. addressed to the Legal Department with a reference to ‘Personal Data’ in the subject line. The consent is not retroactive. In both cases, the affected party must provide documentation proving their identity.

Recipients to whom your personal data is transferred: The data provided will not be transferred to third-party companies, with the exception of the necessary collaborations for the fulfilment of the aforementioned purpose. International transfers are not envisaged.

Rights: Campofrío informs you that at any time you can exercise the rights of access, rectification, erasure, limitation, portability and/or objection with respect to the data provided. In this case, you should address your claim to the person responsible for the file by sending an email to dpo.external@campofriofg.com. You can also exercise the above rights by sending a letter to Campofrío Food Group Holding, S.L.U. addressed to the Legal Department with a reference to ‘Personal Data’ in the subject line. In both cases, documentation proving your identity must be provided.

Security measures: For its part, Campofrío agrees that the information provided will be processed in a completely confidential manner and, according to all security measures established by law, in order to avoid unauthorised access and processing. Notwithstanding the foregoing, Campofrío may disclose to the competent Public Authorities the personal data and any other information that is in its power through its computer systems and that is required, in accordance with the applicable legal and regulatory provisions.

Confidentiality

The Applicants acknowledge that during the Call for Applications to the 2019 Innovative Snacks Challenge, it may be necessary for Campofrío to provide Confidential Information to the Applicants. That is why Campofrío and the Applicants agree on the following regarding this information:

For the purposes of this Section, ‘Confidential Information’ means any information provided by Campofrío, as well as by any of its subsidiaries, associates, contractors, agents and/or employees, to the Applicants, orally, in writing, in electronic or computerised form or on any other medium, while the Call for Applications is in effect. Confidential Information will not be considered as that which, before its delivery to the Applicants, fell under any of the following cases: a) it was legitimately known to the Applicants, provided that said party has proof of said prior knowledge; b) it was in the public domain, except if it entered the public domain due to the breach of this clause; c) it was legitimately delivered to the Applicants by a third party not related to any of the parties and who is not bound by this or by another confidentiality agreement.

The Applicants are required to treat all the Confidential Information that is delivered to them or to which they have access as strictly confidential, and they are required not to reveal it, utilise it or use it, directly or indirectly, for any purpose other than for submitting their Application during the Call for Applications.

In the event that the Applicants disclose all or part of the Confidential Information to one of their employees who is required to know such Confidential Information to comply with the purpose of this contract, the Applicants must ensure that said employee assumes obligations of confidentiality equivalent to those contained in this clause. Notwithstanding the foregoing, Applicants assume against Campofrío all liability that may arise from breach of confidentiality obligations by their employees. 

Frequently Asked Questions

1.- What is the cost of participating in the 2019 Innovative Snacks Challenge?

There is no cost associated with participation.

2.- Is my original product or service safe?

The confidentiality with respect to the projects received is absolute both for those selected and for those not selected.

The information received through the participation form will only be shared with the members of the Evaluation Committee.

3.- I have questions about the participation form. How can I contact with you?

We remain at your disposal via the following email address challenge@innovativesnacks.com

Annex

Information Requested in the 2019 Innovative Snacks Challenge Form

Contact information 

  • Forename and surname 

  • Company 

  • Position 

  • Email

  • Phone number

  • Postal address 

  • Web page 

  • Social media profiles: Facebook, IG, Twitter and LinkedIn

 About the projects

  1. One-line description of the project

  2. In what area would you place it? Select the field that best suits your project

  • New snacking products

New products including new ingredients and formats in response to a new consumer model and specific needs.

Based on alternative proteins, with a focus on healthy food that take into account new dietary habits.

  • New snack brands:

New brands already positioned in the snack category with products focused on meeting specific needs of different market segments.

  • Snacks aimed at covering new consumption opportunities and new consumers

With distribution models in new channels and clear positioning in healthy alternatives.

3.  Describe in detail the product you propose as a solution and the need that it satisfies.

  • What is your target audience? What is the size of the current market?

  • Who is the competition?

  • How is your product different? What competitive advantage do you have?

  • What reference does it have in the market (if applicable)?

  • Is it scalable?

  • Can it be marketed worldwide?

4.  In addition, please also send us a video (no more than 3 minutes) telling us about your product or service.

About the company

1.  Year it was founded 

2.  Country in which the company's registered office is located

3.  Main shareholders

4.  Investment received so far

5.  Number of people who are currently part of the team

6.  Are the founders exclusively dedicated to the company?

7.  Profiles of the founders and key team members

Add the LinkedIn profile of each of them

8.  Sales in 2018 

  • Less than EUR 25,000 

  • Between EUR 25,001 and 100,000

  • From EUR 100,001 to 500,000

  • From EUR 500,001 to 1,000,000

  • More than EUR 1,000,000

9.  Sales forecast for 2019

  • Less than EUR 25,000 

  • Between EUR 25,001 and 100,000

  • From EUR 100,001 to 500,000

  • From EUR 500,001 to 1,000,000

  • More than EUR 1,000,000

 10.In how many countries do you have commercial activity? 

 About the 2019 Innovative Snacks Challenge

1.  How do you think your product can solve the challenges posed by the 2019 Innovative Snacks Challenge?

2.  If you win, what value do you hope Campofrío can contribute to your project?

3.  Why should we select your start-up?

4.  This space has been left blank for you to send us additional information about your solution: main clients, awards received, previous experience in the same sector, etc.