Programs in India
ABLE Solutions Competition - Terms and Conditions

ABLE Solutions Competition - Terms and Conditions

Terms & Conditions

1. Participants should be registered students at IIT Kanpur/IIT Madras.

2. Each team can comprise a maximum of 3 students.

3. Participants should register by signing this form and sending it via email (scanned copy) or mail (address mentioned at the bottom of this document).

4. Participants are required to demonstrate their application as a working prototype running on Android OS.

5. Goldman Sachs will provide an android based mobile phone to each of IIT Kanpur and IIT Madras solely to enable testing of the application by the registered participants.

6. Participants can use external devices/sensors but should also consider the overall affordability and feasibility of the solution.

7. Participants using third party software/libraries/applications should ensure they have adequate licenses/rights to do so.

8. Using open software standards, specifications and libraries is encouraged.

9. Solution to be submitted in 3 Phases: (Dates will be communicated to registered participants)

  • Phase 1: Submission of abstract of the idea/application/approach.
  • Phase 2: Submission of a video (5 to 7 minutes) demonstrating their solution, highlighting the focus areas, including but not limited to innovation, features, feasibility, future scope.
  • Phase 3: Submission of the application packaged as an apk file, along with the source code and build instructions.

10. Any intellectual property rights arising from the submission will be owned by the institute in which participants are enrolled, with the participants mentioned as inventors.

11. IIT Kanpur/IIT Madras, as the case may be, will grant Goldman Sachs a worldwide, royalty free, perpetual, non-exclusive and irrevocable right and license to use the entry for internal/non-commercial use.

12. Participating in and/or winning this competition shall not be construed as an offer or promise for employment or internship with Goldman Sachs, nor does it constitute any vocational training, tutorials or mentorship from Goldman Sachs.

13. Decision of the Judges will be final and binding on all participants.

14. Except with Goldman Sachs’ prior written consent, participants shall not use in advertising/publicity or otherwise, the name of Goldman Sachs or any trade name, trademark, symbol or abbreviation owned by Goldman Sachs.

15. Terms and Conditions are subject to change at the discretion of Goldman Sachs, to be communicated to IIT Kanpur and IIT Madras.

16. Any queries may be addressed to the institute in which the participants are enrolled or the contact address mentioned at the end of this form.

In this terms and conditions, “Goldman Sachs” shall mean, collectively, Goldman Sachs Services Private Limited, its affiliates, or any of their managing directors, partners, officers, employees, representatives or agents.

Postal Address:
ABLE Solutions Team,
Goldman Sachs Services Private Limited
Crystal Downs,
Embassy Golf Links Business Park
Off Intermediate Ring Road (Indiranagar - Koramangala)
Domlur, Bengaluru PIN 560 071