Please read this Privacy Notice carefully, as it explains how IFAVH. (“IFAVH,” “we,” or “our”), together with its affiliates, collects, uses, and processes personal information in connection with the IFAVH website (the “Site”) and applications submitted to our programmes, including but not limited to the Ventures Lab Programme and the Incentives Programme (collectively, the “Programmes”).
If you have any questions regarding this Privacy Notice, or if you do not agree with its contents, you are advised to contact us at info@ifavh.com
prior to using the Site or submitting an application to any of the Programmes.
For further guidance, our Terms of Use set out the conditions under which you may access and utilize the Site, as well as additional information regarding IFAVH.
If you are accessing the Site as a visitor (“Visitor”), please refer to the Terms of Use for Visitors ifavh.com.
If you are submitting an application to any of our Programmes as an applicant (“Applicant”), please refer to the Terms of Use for Applicants Ifavh.com.
Information We Collect
The categories of personal information we collect and process depend on the nature of your interaction with IFAVH.
Visitors to the Site
When you access or use the IFAVH website (the “Site”), we may automatically collect and record certain information, including but not limited to:
Technical details regarding your use of the Site, such as traffic data, weblogs, communication data, and the specific areas of the Site you visit;
Information about your device and system configuration, including device type, browser type, time zone settings, network location, type of internet connection (e.g., broadband, ADSL), and IP address; and
Personal information that you voluntarily provide through the Site, for example, your email address when subscribing to our newsletter or any information submitted through online forms.
Such information is collected through your interaction with the Site.
Applicants to IFAVH Programmes
If you apply to participate in one of IFAVH’s programmes (the “Programmes”), we will collect additional personal information, which may include your responses to application-related requests or questions submitted through the Site. Once such information is submitted, we may associate your identity with your activities on the Site and maintain related records in our systems.
By way of example, when applying to a Programme, you may be asked to provide:
Your full name;
Company name;
Email address;
Postal address;
Country of residence or operation; and
Comments or responses to specific questions.
In addition to information collected through the Site, we may obtain further personal information from you during IFAVH-hosted events (whether virtual or in person), through video conference calls, or via other forms of correspondence with you.
Use of Collected Information
The personal information we collect is used for specific, legitimate purposes, depending on whether you are a Visitor to the website (the “Site”) or an Applicant to one of IFAVH’s programmes (the “Programmes”).
Visitors to the Site
For Visitors, the primary purpose of processing personal information is to operate and provide access to the Site, as well as to deliver information regarding IFAVH, both online and offline. Additional purposes include:
Maintaining, administering, and improving the functionality and performance of the Site;
Complying with internal regulatory, administrative, and operational requirements, including fraud prevention, abuse monitoring, troubleshooting, data analysis, and performance assessment; and
Where applicable, sending announcements or marketing communications relating to IFAVH, the Programmes, or other initiatives.
Applicants to Programmes
For Applicants, we may process your personal information in order to:
Assess and evaluate applications to the Programmes, including in cooperation with IFAVH’s partners such as investors, corporates, and government entities;
Maintain internal records;
Manage and administer the Programmes;
Respond to queries, requests, or complaints; and
Develop anonymised datasets for research, analytics, and benchmarking.
Legal Basis for Processing
We process personal information under the following legal bases:
With your consent, where you have expressly agreed to such processing;
Where necessary for the performance of contractual obligations with Applicants accepted into the Programmes;
Where processing is necessary for the legitimate interests of IFAVH, including the purposes outlined in the “Use of Collected Information” section above; and Where required to comply with legal or regulatory obligations applicable to IFAVH.
Marketing
IFAVH may provide you with information regarding our organisation, the Programmes, and other initiatives which may be of interest to you. Unless you have opted out, such information may be sent to you via email.
If you have previously expressed interest in IFAVH or the Programmes, you may receive such communications; however, each marketing communication will include an option to unsubscribe.
IFAVH will not share your personal information with external organisations for their own marketing purposes without your explicit consent.
If you no longer wish to receive marketing communications, you may opt out by either following the unsubscribe link provided in any email communication or by contacting us directly at info@ifavh.com.
Sharing of Personal Information
We may disclose personal information to third parties performing services on our behalf, including but not limited to: software providers, professional advisors, IT consultants, research agencies, mailing services, and event coordinators.
Where you are an Applicant, we may also share your information with other IFAVH group entities and third-party partners involved in the Programmes, such as government authorities, corporate partners, and investors, but only to the extent necessary for Programme administration.
In addition, disclosure of personal information may be required:
To comply with a legal or regulatory obligation or at the request of government authorities;
To verify or enforce applicable Terms of Use or policies;
To detect, prevent, or address fraud, technical, or security risks;
To protect the rights, property, or safety of IFAVH, its affiliates, partners, or the public.
Any third parties with whom information is shared are subject to confidentiality and data protection obligations consistent with this Privacy Notice.
International Data Transfers
Your personal information may be processed outside the country in which you are located, including by IFAVH, its affiliates, and authorised third parties. Where such transfers occur, and where the relevant jurisdiction has not been deemed to provide adequate data protection standards, IFAVH will ensure appropriate safeguards are in place, such as standard contractual clauses or equivalent legal mechanisms.
For further details regarding cross-border transfers and the applicable safeguards, you may contact legal@ifavh.com.
Data Security
IFAVH implements appropriate technical, organisational, and administrative measures to safeguard personal information against unauthorised access, disclosure, alteration, or destruction.
However, given the inherent risks of internet-based communications, IFAVH cannot guarantee the absolute security of information transmitted online, and any such transmission is at your own risk.
If you suspect a security incident (e.g., a suspicious communication purporting to be from IFAVH), you are encouraged to promptly notify us at legal@ifavh.com.
In the event of a data breach, IFAVH will act in accordance with applicable law, including notifying affected individuals and regulators where legally required.
Data Retention
Personal information will be retained only for as long as is necessary to fulfil the purposes described in this Notice, or as required by applicable law. Information may also be retained where necessary for legal proceedings, regulatory compliance, or investigations. Unless otherwise required, IFAVH will not retain personal data for more than six (6) years from the date of last interaction.
Your Rights
Depending on applicable data protection law, you may have the following rights regarding your personal information:
Right to Object – to object to certain processing, including direct marketing.
Right to Be Informed – to receive clear and transparent information regarding the processing of your data.
Right of Access – to request access to the personal information we hold about you.
Right to Rectification – to request correction of inaccurate or incomplete data.
Right to Erasure – to request deletion of your personal information in certain circumstances.
Right to Restrict Processing – to request suspension of further processing of your data.
Right to Data Portability – to request transfer of your personal data to another service provider.
Right to Lodge a Complaint – to file a complaint with your national data protection authority.
Right to Withdraw Consent – to withdraw your consent at any time, without affecting prior lawful processing.
Requests will generally be handled within one (1) month, though this period may be extended where necessary. IFAVH reserves the right to charge a reasonable administrative fee for repetitive, excessive, or unfounded requests.
External Links
The Site may include links to third-party websites. IFAVH does not control and is not responsible for the privacy practices or content of such external websites. Users are encouraged to review the privacy policies of third-party sites prior to submitting personal information.
Contact Information
For questions regarding this Privacy Notice or the processing of your personal information, please contact:
Email: info@ifavh.com