- There is no fee for entry. Any individual or group of individuals over 18 years old resident of Latin American countries and the Caribbean can participate.
- Participation can be individual or in teams of up to 5 members.
- Each team will present only one idea and the same idea cannot be presented in more than one category. One individual cannot compete in two different teams.
- Projects submitted must be the original work of contestants.
- The Judging Panel reserves the right to disqualify any entry.
- Ventures must not have sold equity or accepted any non-institutional funding in excess of $100,000.