Privacy Policy

Hyundai Motor Company and Kia Corporation (collectively referred to as “we”, “us”, “our”) respects your privacy and will strive to protect the confidentiality of your personal information (or personal data). This Privacy Policy explains our policies and practices including why we collect your personal information, how we use it and how we safeguard it. Please read this Privacy Policy carefully to protect your rights.

Who we are
Controller with regards to processing of your personal data are Hyundai Motor Company (12 Heolleung-ro, Seocho-Gu, Seoul, Republic of Korea) and Kia Corporation (12 Heolleung-ro, Seocho-Gu, Seoul, Republic of Korea). Further contact details of us can be found at the last paragraph of this policy.

Why do we collect Personal Information?
We collect and process your personal information for the following purposes and will not use the information other than those purposes. When we wish to change or add the purposes, we will take necessary measures to comply with relevant regulations.
(a) Apply to ZER01NE ACCELERATOR PROGRAM, a strategic accelerator program operated by us
(b) Allow us to evaluate and select a candidate for ZER01NE ACCELERATOR PROGRAM
(c) Announce the result of ZER01NE ACCELERATOR PROGRAM

Legal basis for the processing of your Personal Information
In case of essentially collected personal information, we collect and process your personal information to enter into or perform a) ZER01NE ACCELERATOR PROGRAM between your company and us and b) employment contract between you and your company, as this website allows easier communication and work cooperation in regards to ZER01NE ACCELERATOR PROGRAM between your company and us.
In case of optionally collected personal information, we collect and process your personal information based on your consent.

No requirement to provide personal Information
In case of the personal information collected based on your consent, the provision of personal data will generally be voluntarily and there is neither statutory nor contractual obligation to provide personal data. Please note that in case of non-provision of personal data, you might be excluded from using this website.

What Personal Information do we collect?
We collect personal information about you that is reasonably necessary for the purposes described above.
(Essential)
Company name,
Company founder’s first and last name, position, business phone number, e-mail address, educational background, work experience
(Optional)
Company relevant personnel’s first and last name, position, business phone number, e-mail address, educational background, work experience

Who may receive your Personal Information from us?
We may share your personal information with third parties (e.g. personal information processor). In particular, we share your personal information with the following recipient for the purposes set out in this Privacy Policy.

Recipients	Roles (Purpose of access)
Tap Angel Partners	Personal Information Processor (1) Carrying out On/Offline PR activities to assist ZER01NE ACCELERATOR PROGRAM participating startups on behalf of us - Online PR : posting program posters @ ZER01NE official website, startup communities, and social networks and sending email notifications to VC/CVC/Accelerators - Offline PR : posting program posters @ colleges, VC, CVC, Accelerators, Incubators, and startup communities (2) Preparing and operating on/offline events (evaluations/workshops) for ZER01NE ACCELERATOR PROGRAM participating startups on behalf of us - evaluations : document review, interview evaluations (via online or offline) - workshops : meeting between internal team within us and startup to discuss collaborative projects details (via online or offline) (3) Developing, operating and maintaining website and its server for ZER01NE ACCELERATOR PROGRAM on behalf of us
Hyundai Glovis	Personal Information Processor (1) Evaluating and selecting a candidate for (i) Indoor/Outdoor Positioning Control System (ii) Battery Reuse/Recycling Solutions related project in ZER01NE ACCELERATOR PROGRAM

We will disclose your personal information to these third parties so that they can perform those tasks. These third parties will be subject to contractual obligation to implement appropriate technical and organizational measure to safeguard the personal information, and process the personal information as instructed.
Besides, we may disclose your information when duly required by law, to third parties like government authorities, courts, or external advisors.

Is your Personal Information transferred outside your country of residence?
Your personal information may be transferred to other countries which may have different data protection standards than your country of residence.
More specifically, Tap Angel Partners, which operates and maintains this website and its server on behalf of us, is located in South Korea. We have proper guarantees with Tap Angel Partners to ensure an adequate level of protection for personal information.
Please note that information processed in a foreign country may be subject to foreign laws and accessible to foreign governments, courts, law enforcement, and regulatory agencies. However, we will try to take reasonable measures to keep up an adequate level of data protection also when sharing your personal information with such countries.

How long do we keep your Personal Information?
We store and process your personal information for the period obligated by relevant laws or for the period you have provided us with your consent.
Your personal information collected with respect to ZER01NE ACCELERATOR PROGRAM is kept up to 24 months after the personal information is collected, for ZER01NE ACCELERATOR PROGRAM history management, and will be erased without undue delay when this period is expired.
If this Privacy Policy does not set out specific retention periods, your personal information will be kept only for as long as we need it to achieve the collection purpose and, if applicable, as long as required by relevant laws or regulations.
Please note that we have the right to store your personal information within the extent needed for defending against legal claims.

We safeguard your Personal Information
We have reasonable state of the art security measures in place to protect against the loss, misuse and alteration of personal data under our control. For example, our security and privacy policies are periodically reviewed and enhanced as necessary and only authorized personnel have access to personal data. Whilst we cannot ensure or guarantee that loss, misuse or alteration of information will never occur, we use all reasonable efforts to prevent it.

Your rights
Under the legislation applicable to you, you may be entitled to exercise some or all of the following rights:
(a) require (i) information whether your personal data is retained and (ii) access to your personal data retained, including the purposes of the processing, the categories of personal data concerned, and the data recipients as well as potential retention periods;
(b) request rectification, removal or restriction of your personal data, e.g. because (i) it is incomplete or inaccurate, (ii) it is no longer needed for the purposes for which it was collected, or (iii) the consent on which the processing was based has been withdrawn;
(c) refuse to provide and – without impact to data processing activities that have taken place before such withdrawal – withdraw your consent to processing of your personal data at any time;
(d) object, out of grounds relating to your particular situation, that your personal data shall be subject to a processing. In this case, please provide us with information about your particular situation. After the assessment of the facts presented by you we will either stop processing your personal data or present you our compelling legitimate grounds for an ongoing processing; and/or
(e) take legal actions in relation to any potential breach of your rights regarding the processing of your Personal data, as well as to lodge complaints before the competent data protection regulators
(f) require (i) to receive the personal data concerning you, which you have provided to us, in a structured, commonly used and machine-readable format and (ii) to transmit those data to another controller without hindrance from our side; where technically feasible you shall have the right to have the personal data transmitted directly from us to another controller.
You may (i) exercise the rights referred to above or (ii) pose any questions or (iii) make any complaints regarding our data processing by contacting us under the contact details set out below.

Contacting us
If you have any question, complaint, or request to us as to processing of your personal data, this privacy policy, or your rights, please contact us at:

Hyundai Motor Company, Kia Corporation
12 Heolleungro Seocho-gu Seoul Korea
E-mail : ZER01NE_startup@hyundai.com
Cookie Policy
Hyundai Motor Company and Kia Corporation (collectively referred to as “we”, “us”, “our”) don’t use cookies from you on ZER01NE ACCELERATOR PROGRAM Website.
Cookies are small pieces of data stored on the user’s computer by the web browser. Cookies may obtain information identifying your computer or browser, which may include device ID, IP address, ad ID, language preferences, as well as your browsing history.

Contacting us
If you have any question regarding this cookie policy, or your rights, please contact us at:

Hyundai Motor Company, Kia Corporation
12 Heolleungro Seocho-gu Seoul Korea
E-mail : ZER01NE_startup@hyundai.com

TERMS AND CONDITIONS
When the Applicants submit the application form to participate in ZER01NE ACCELERATOR Program, the Applicants agree to the following terms and conditions (these “Terms and Conditions”) in relation to their application for, and if selected, participation in, the ZER01NE ACCELERATOR Program.

Definitions
• ZER01NE ACCELERATOR Program shall be referred to as the “Program.”
• Startup Incubation Team within Hyundai Motor Company and Kia Corporation which operates ZER01NE ACCELERATOR Program and partially participates in startup selection process shall be referred to as the “Program Manager.”
• Internal teams, within Hyundai Motor Company and Kia Corporation (including affiliates of Hyundai Motor Company and Kia Corporation) which derive and execute collaborative projects and participate in startup selection process shall be referred to as the “Program Sponsors.”
• Project teams of research institutions, registered and non-registered businesses or companies and teams of entrepreneurs and professionals submitting an application for ZER01NE ACCELERATOR Program shall be referred to as individually the “Applicant” and collectively the “Applicants.”
• Applicants who are selected for executing collaborative projects with the Program Sponsors shall be referred to as the “Participants.”

Eligibility Criteria
In order to be eligible to apply for the Program, the Applicants must address a critical challenge in one of the following areas within one of the fields provided below:

I. Mobility
A. SDV App Service
B. Infrared High-Transmittance Heating Solution
II. Sustainability
A. Non-Flammable Batteries
B. Battery Reuse/Recycling Solutions
C. Biodegradable Materials for Packaging of Vehicle Product/Parts
III. Logistics
A. Indoor/Outdoor Positioning Control System

Selection Criteria and Evaluation
To be selected as a Participant of the Program, it is expected that the Applicant will demonstrate a high degree of adherence to the following criteria:
1. Elegant Solution - clearly innovative or disruptive, differentiated from existing solutions, scalable, exhibits sustainable competitive advantage potential (with some barriers to entry identified), etc.
2. Seed ~ Series A stage preferred (Series B stage or beyond can also apply).
3. Quality Management – credible team, quality CVs, relevant qualifications/experience, etc.
4. Market Size - large addressable market to facilitate significant sales growth.
5. Business Plan – viable business model based on credible commercial & economic assumptions.

Selection in the Program and Indicative Schedule
Applications meeting the minimum criteria outlined in these Terms and Conditions will be reviewed by the Program Manager and Program Sponsors’ representatives for potential participation in the Program. The Program Manager and Program Sponsors’ representatives will contact the Applicants if more information or clarifications are needed about their application materials at any stage during the selection process. Selected Applicants will be shortlisted to take part in a short video interview. Based on application materials and the video interview, the Participants will be selected by the Program Sponsors for participation in the workshop.

The decision of the Program Sponsors on the selection of the Participants is final and at the sole discretion of the Program Sponsors.

The indicative schedule for application and selection process is as follows:

Event	Date (Indicative Only)
Applications Open	Feb 17, 2025
Applications Close	Mar 9, 2025
Application Review	Mar 11, 2025 – Mar 24, 2025
Interview Evaluation	Mar 31, 2025 - Apr 11, 2025
Final Selections	Apr 21, 2025

Application Submission and Closing Time
The Applicant must submit its application and company introduction deck at https://z1.collab.mycroft.kr/rocket/9724/apply?langType=en before the closing time for applications. The Program Sponsors may, in their sole discretion, consider an application submitted after the application closing time, but has no obligation to do so.

Preparation of Application
The preparation of application, and any risk or cost incurred in doing so, is the corresponding Applicants’ responsibility. Costs incurred at this stage cannot be attributed to the Program Sponsors.

Conflict of Interest
The Applicants must identify and notify Program Manager of any actual, potential or perceived conflict of interest related to its application or participation in the Program, especially as the conflict relates to the Program Sponsors or the Program Manager. If the Applicant fails to notify Program Manager, or the Applicant is unable or unwilling to resolve the conflict as required by the Program Manager, the application may be excluded from further consideration.

Confidentiality
The applicant agrees to provide the information about its business or other affairs for the purpose of or in connection with the following (the “Agreed Purpose”):
• applying to participate in the Program;
• allowing the Program Sponsors to consider the application;
• its participation in the Program; and
• allowing the Program Sponsors to identify and commence separate discussions about potential commercial or legal relationships between the Applicant’s start-up and the Program Sponsors.

Each of the Program Sponsors agree to keep all information the Applicants provide to the Program Sponsors for the Agreed Purpose (the “Confidential Information”) secret and confidential and will not disclose the Confidential Information to any person without such Applicants’ prior consent or as otherwise expressly permitted in these Terms and Conditions. The Program Sponsors agrees to use the Confidential Information only for the Agreed Purpose, unless the corresponding Applicants give the Program Sponsor prior consent or it is otherwise expressly permitted in these Terms and Conditions.

This undertaking of confidentiality does not apply to the Confidential Information:
• which was known by the Program Sponsors prior to the Applicant providing the Confidential Information;
• which is or becomes available to the public (other than by unlawful means);
• which becomes available (other than by unlawful means) to the Program Sponsors from a source other than the Applicant and that source is under no obligation to the Applicant to maintain the Confidential Information in confidence; or
• which is required to be disclosed by the Program Sponsors by rule or law or by a court or other governmental body which has authority over the Program Sponsors or their affiliates.

The Applicants acknowledge that the Program Sponsors may disclose the Confidential Information to their affiliates, respective directors, employees and advisors for the Agreed Purpose, provided that such persons have first been made aware of the confidential nature of the Confidential Information and have agreed to comply with this confidentiality undertaking.

The obligations of confidentiality will continue for a period of two (2) years from the closing time for applications.

The Applicants also acknowledge that they may be required to enter into a separate non-disclosure agreement upon request by the Program Sponsors.

Ownership and Use of Applications
All applications (including all material contained in, or included in, those applications) become the sole property of the Program Sponsors upon submission. The Applicants must take all steps necessary or appropriate to give effect to, or perfect, the legal, and beneficial, ownership in their application (including all material contained in, or included in, the application) vesting with the Program Sponsors, including without limitation execution of any necessary instruments of transfer, assignment or license.

Intellectual Property Rights
By participating in the Program, the Participants confirm that the product or service solution is an output resulting from the Participants’ cooperation with the Program Sponsors and does not infringe or violate the rights of any third party, including but not limited to intellectual property rights.

The Applicants acknowledge that the management and protection of their intellectual property is their sole responsibility, both during the application phase and if selected as a Participant, during their participation in the Program. The Program Managers will ensure commercially reasonable steps are taken to protect intellectual property for both the Applicants and the Program Sponsors.

The Applicants agree that any technologies or intellectual property rights developed, acquired and/or owned by Program Sponsors before the Applicants’ participation in the Program shall remain the sole property of Program Sponsors.

Misleading Claims, Improper Assistance and Anti-Competitive Conduct
In preparing the Applicants’ application and participating in the selection process the Applicants must not:
• make any false or misleading claims, statements or other representations;
• engage in any collusion, anti-competitive conduct or any other similar conduct with any other person;
• receive improper assistance from any employee of the Program Sponsors or any representative of the Program Managers, or use any improperly obtained information; or
• violate any applicable laws regarding the offering of inducements.

The prohibitions stated above also apply to the Participants' conduct during the Program.

Program Sponsors Rights
The Program Sponsors reserves the right at any time and for any reason to do any of the following:
• suspend, vary, amend or cease to proceed with the Program selection process or Program;
• vary or amend the application form or evaluation criteria;
• consider and accept or reject any application that is non-conforming or received after the closing time for applications;
• vary or extend any time or date relevant to the selection process or the Program;
• call for new applications;
• terminate participation in the selection process by any Applicant;
• allow any Applicant to change its application;
• publish or disclose the Applicants’ company name, logo and brief description of the Applicants’ solution and activities, whether successful or unsuccessful; or
• take such other action that the Program Sponsors, at their sole discretion, consider appropriate.

Any time or date in these Terms and Conditions is for the Program Sponsors’ sole convenience and does not create an obligation on the Program Sponsors to take any action by such time or date.

SECTION TWO: CONDITIONS OF PARTICIPATION IN THE PROGRAM

Participation in the Program
If the Applicants are selected to participate in the Program, the Applicants’ startup must commit one representative to attend each event of the Program. The representative should be either the Chief Technology Officer (or equivalent) (the “CTO”) or the Chief Executive Officer (or equivalent) (the “CEO”) to maximize the benefit to the Program Sponsors and the Participant. If a Participant is unable to have one of its representatives attend the workshop, the Program Sponsor may forfeit the Participant’s place in the Program. Upon becoming one of the Participants of the Program, the Applicants shall:
• give consent for the Applicants’ business, company name, logo and brand as well any media collected during the program, including but not limited to photos, videos and recordings, to be associated with the Program and used by the Program Sponsors and Program Managers to promote the Program or themselves;
• obtain written consent of the Program Sponsors and Program Managers prior to issuing any press releases relating to the Program, which approval shall not be unreasonably withheld;
• share requested information about the Applicants’ company and products with the Program Sponsors. Confidential Information will be subject to the confidentiality undertakings in section one;
• commit to scheduling and attending periodic inter-event calls with startup peer Participants in the Program and with startup mentors (i.e., representatives of Program Sponsors and potentially external parties who share an interest in the Program with Program Sponsors and Program Managers) in the Program;
• actively participate in each event and inter-event discussions;
• participate in a Program evaluation after completion of each event.

Termination and variations
The Program Sponsors reserves the right to terminate a Participant’s involvement in the Program at its sole discretion if:
• the Participant breaches these Terms and Conditions; or
• if the Participant’s representatives, officers or advisors engage in an inappropriate (as determined by the Program Sponsors or by Program Managers) or illegal behavior or are disruptive to overall group cohesion.
Participants will be given prior notice before they are terminated from the Program.

The Program Sponsors may also terminate or make some changes (e.g. milestones, scope of work etc.) in relation to the Program, in each case for any reason at any time. The Participants will be given notice of such termination or changes.

Acknowledgment, waiver, indemnity and warranty
The Participants acknowledge that their participation in the Program is at their sole risk. The Participants may withdraw from the Program at any time. The Program Sponsors and Program Managers will have no liability to the Participants or any of their respective affiliates, employees, officers, or advisors for any loss or damage arising in connection with the Program, including personal injury (however arising including due to negligence), property damage or economic loss (except in relation to a breach of the confidentiality undertaking in section one). The Participants must not make a claim against the Program Sponsors and Program Managers for any such loss or damage and will continually indemnify, hold harmless and release, the Program Sponsors and Program Managers from and against any such claim, loss or damage.

Each Participant further acknowledges, agrees, warrants and represents that:
• by accepting these Terms and Conditions, the Participant accept that all application decisions made by the Program Sponsors are final and that the Participant will not challenge the outcome in public or otherwise;
• (i) to the best of the Participant's knowledge and belief, no claim is being asserted and no proceeding is presently in progress, pending or being threatened against the Participant or any of its assets, (ii) neither the Participant is in default in relation to any contractual obligation, nor has the Participant done or omitted to do anything that could materially and adversely affect its position as a going business concern, and (iii) the Participant neither has filed for nor is facing proceedings for winding up of business, dissolution, insolvency, bankruptcy, or the appointment of a receiver, liquidator, administrator or similar officer in relation to any of the Participant's assets or revenue;
• the Participant will immediately notify the Program Sponsors and Program Managers in writing when: the Participant (i) undertakes or commences any action or files any documents for its dissolution; (ii) applies for insolvency or bankruptcy, (iii) is administratively or judicially declared insolvent or bankrupt; or (iv) is placed under receivership, administration, rehabilitation or liquidation;
• the Participant has full capacity, authority and relevant consents to execute and perform the obligations under these Terms and Conditions.