RISE Initiative – Terms and Conditions
These Terms and Conditions govern participation in the RISE Initiative (“the Program”), a small business pitch competition organized under the Afro Commerce Connect platform (“the Organizer”). By submitting an application and participating in the competition, applicants agree to the following terms:
- Eligibility
- Applicants must own or operate a small business that has been in operation for at least 12 months.
- The business must be based in Brampton, Ontario, Canada.
- Only one application per business is permitted.
- The applicant must be 18 years of age or older at the time of entry.
- Application Process
- All applications must be submitted through the official website: www.afrocommerce.org.
- The application must include accurate information about the business, including its mission, operations, and impact.
- Incomplete or falsified applications will result in disqualification.
- Selection Process
- Top 20 applicants will be selected to attend the Afro Commerce Connect event.
- From these, Top 10 finalists will be chosen to pitch live at the event on August 8, 2025 before a panel of judges.
- Finalists will be judged based on:
- Business viability and sustainability
- Innovation and impact
- Scalability and market potential
- Presentation and pitch quality
- Prizes
- The following grants will be awarded:
- Winner: $2,500
- 1st Runner-up: $1,500
- 2nd Runner-up: $1,000
- Winners will be announced live at the event.
- Prize Redemption
- Winners must submit all required post-event documentation (e.g., valid ID, proof of business registration, banking details, and any follow-up information requested by the Organizer).
- All cash prizes are redeemable within 3 months of the conclusion of the event.
- Failure to comply with redemption requirements may result in forfeiture of the prize.
- Use of Information
- By entering, participants consent to the use of their business name, images, and pitch content for promotional purposes related to Afro Commerce Connect and the RISE Initiative.
- All finalists will automatically become members of the RISE Fellows Network, granting access to future mentorship, funding opportunities, and collaborations.
- Disqualification
The Organizer reserves the right to disqualify any applicant or finalist who:
- Provides false information
- Violates competition rules
- Engages in unethical conduct or misrepresentation
- Fails to attend the live pitch without valid reason
- Liability Disclaimer
- The Organizer is not responsible for any technical errors, delays, or interruptions in the application or judging process.
- Participation in the program is at the applicant’s own risk, and the Organizer assumes no liability for any loss or damages.
- Modifications
- The Organizer reserves the right to amend these Terms and Conditions at any time without prior notice.
