Terms of Service for Campus-Born Ventures

Effective Date: April 1, 2025

These Terms and Conditions (“Terms”) govern the participation of startups (“Applicant Ventures”) in the ICAN Deal Room, operated by the International Collegiate Angels Network (ICAN), a wholly-owned subsidiary of PushRock Venture Partners, LLC, a Texas Limited Liability Company. By submitting an application, you agree to the following Terms.

1. Definition of a Campus-Born Venture

To be eligible for the ICAN Deal Room, your venture must meet the following definition of a Campus-Born Venture:

A Campus-Born Venture is one that demonstrates a meaningful connection to a college or university campus. Eligibility includes, but is not limited to:

Current undergraduate or graduate students
Faculty or staff founders
Alumni (within 3 years of graduation)
Ventures launched through a campus-based accelerator, incubator, or boot camp
Ventures affiliated with:
Technology transfer offices
Research labs
Entrepreneurship centers
University-sponsored venture competitions or fellowships

By applying, you affirm that your venture meets this definition.

2. Accuracy of Representation

By submitting an application, you certify that:

All information provided in the application is accurate and truthful.
You meet the definition of a Campus-Born Venture as described above.
You understand that misrepresentation may result in rejection, removal from the ICAN Deal Room, or disqualification from future ICAN programs.

3. No Guarantee of Funding

ICAN makes no guarantee or assurance that participation in the ICAN Deal Room or Investor Day events will result in funding.

ICAN operates on a best efforts basis to provide visibility and access to its network of ICAN Angels and syndicate partners, but all investment decisions are made independently by investors.

4. Visibility Timeline and Access Rules

By applying to a quarterly ICAN cohort, your venture will follow this visibility timeline:

a. ICAN Member Exclusive Window

From the date your application is completed and approved, your venture will be visible exclusively to ICAN Angels. This exclusivity will continue for:

The current cohort cycle
Through your designated Investor Day event, and
For 60 days following the event.

b. Dealum Network Release

After this 60-day post-Investor Day window, your venture will be released to the broader Dealum investor network for an additional 60 days of visibility.

c. Archival and Re-application

After the full 120-day visibility window, ICAN reserves the right to remove your venture from the Deal Room. You may choose to reapply to future ICAN cohorts if your raise is still active.

5. Right to Remove or Decline Participation

ICAN reserves the right to:

Decline applications that do not meet eligibility criteria
Remove ventures from the Deal Room at its discretion
Decline participation if any material misrepresentations are discovered

6. Confidentiality and Use of Materials

ICAN treats all applicant submissions as confidential within its investor network. However:

You agree to share pitch materials, executive summaries, videos, and other content with ICAN Angels and affiliated investors.
ICAN may feature your venture in marketing or event promotion only with your prior consent.

7. Indemnification

Applicant Ventures agree to indemnify and hold harmless ICAN, its affiliates, officers, and employees from any claims, liabilities, or damages arising from participation in the ICAN Deal Room or interactions with investors.

8. Governing Law

These Terms are governed by the laws of the State of Texas, without regard to conflict of laws principles.

9. Acknowledgment

By submitting your application to the ICAN Deal Room, you confirm that you:

Understand and meet the definition of a Campus-Born Venture
Accept the visibility timeline and understand there is no guarantee of funding
Agree to these Terms in full