Privacy Statement

1. Name and Contact Information for the Controller and the Data Protection Officer

The controller for processing your data for the website www.verbundx.com (“website”) is VERBUND AG, Am Hof 6a, 1010 Vienna (hereinafter “VERBUND”, “we”, “us”).

You can contact our Data Protection Officer at: datenschutz@verbund.com.

2. Processing in the context of the “Website”

2.1. Data source and Data categories

During your visit to our website, we will automatically collect the following personal data:

• Date and time of access to a page of our website
• Data about your device (device ID)
• IP address
• Name and version of your internet browser
• Session ID

We are not using cookies on our website.

2.2. Legal basis and purpose of data processing

Where the data of your visit to our website are concerned, we justify the processing on the basis of our legitimate interest in accordance with Art. 6 (1) (f) GDPR, which consists of giving our website a user-friendly design and protecting our website against attacks.

We process your data relating to the visit to our website for the following purposes:

• in order to make our website and its functions available to you, and to improve and develop this website further;
• in order to be able to compile statistics on the use of our website;
• in order to be able to identify, prevent and investigate attacks on our website.

2.3. Recipients

We will not forward personal data collected on the basis of your use of the website to third parties, unless this is required for the fulfilment of our obligations or is mandatory for legal or official reasons. However, in order to operate and administer the website, we regularly use IT service providers which, in accordance with our orders and instructions, may under certain circumstances also have access to personal data in order to be able to render the commissioned IT services.

2.4. Storage period

We will generally store your data relating to the visit to our website for a period of three months. A longer storage period will apply only to the extent this is required to investigate identified attacks on our website and beyond that only until the end of the relevant limitation periods, statutory retention periods or any legal disputes.

1. Name and Contact Information for the Controller and the Data Protection Officer

The controller for processing your data in matters affecting questions/enquiries the VERBUND X Accelerator is VERBUND AG, Am Hof 6a, 1010 Vienna; the controller for processing your data in matters affecting VERBUND X Ventures is VERBUND Ventures GmbH, Am Hof 6a, 1010 Vienna (hereinafter “VERBUND”, “we”, “us”).

You can contact our Data Protection Officer at: datenschutz@verbund.com.

2. Processing in the context of “Making contact/enquiries”

2.1. Data source and Data categories

When you contact us by email or telephone, we will process the personal data you give us (email, name, telephone number, as well your enquiry or the associated documents) for the purposes of processing your enquiry and respond to you accordingly. In case you contact a cooperation partner of VERBUND within the VERBUND X Accelerator directly, your provided data will be processed by the cooperation partner as an independent controller.

2.2. Legal basis and purpose of the data processing

The legal basis for the processing of your personal data is our legitimate interest in accordance with Art. 6(1)(f) GDPR. If the reason for the enquiry/making contact is to conclude a contract, the legal basis for the processing is Art. 6(1)(b) GDPR. The personal data will be processed for the purpose of making contact and providing information or handling your enquiry. The provision of data by you is voluntary; however, if you do not provide these data, VERBUND will not be able to process your enquiry accordingly.

2.3. Recipients

In order to process the personal data, we use service providers (e.g. IT service providers) which, in accordance with our orders and instructions, may under certain circumstances also have access to personal data in order to be able to render the commissioned services. The data may further be forwarded to third parties only where required for the fulfilment of (pre-)contractual or statutory obligations, or where justified for the maintenance of our legitimate interests. For example, as required, we will transfer your personal data to the external parties, e.g. auditors, insurers or legal representatives, or to affiliated VERBUND companies, to the extent necessary.

2.4. Storage Period

We process your data in order to handle your enquiry and beyond that for a period of three months, so that we can respond appropriately to subsequent questions. A longer retention period will be applied only on the basis of statutory retention periods or for defence purposes in any legal disputes.

1. Name and Contact Information of the Data Controller and the Data Protection Officer

The controller for processing your data in in case of registration for an VERBUND-event is depending on the identified organizer VERBUND AG, Am Hof 6a, 1010 Vienna or VERBUND Ventures GmbH, Am Hof, 6a, 1010 Vienna (hereinafter “VERBUND”, “we”, “us”).

VERBUND may also hold an event together with another VERBUND company or one or more cooperation partners. In such a case, the organizers listed in the invitation are joint controllers and have concluded a corresponding agreement in accordance with Art. 26 GDPR (‘Joint Controller Agreement’). You have the right to assert your claims against each controller independently of the Joint Controller Agreement.

You can contact our Data Protection Officer at: datenschutz@verbund.com.

2. Processing in the context of “VERBUND-Events”

2.1. Data source and Data categories

When you register for an VERBUND-event or an event held by VERBUND together with one or more organizers, your personal data such as title, name, address as well as your contact details such as telephone number and/or email address, and under certain circumstances about your company and your position as well as further event-related information will be processed. You provide the data on a voluntary basis; however, if you do not provide the data in the fields identified as mandatory, we will not be able to process your registration.

2.2. Legal basis and purpose of the data processing

The legal basis for the processing of your personal data is Art. 6(1)(b) GDPR and thus the fulfilment of a contract. The personal data disclosed as part of the registration will be processed for the purpose of processing the registration and administering the event, incl. the associated communication (e.g. sending out the registration confirmation, place reservation, answering questions, etc.).

As far as the processing of your voluntarily provided optional data is concerned, we base the processing on our legitimate interest pursuant to Art. 6 (1) (f) GDPR, which primarily lies in being able to interact with you in accordance with your voluntary information.
Insofar as the processing of your voluntarily provided sensitive data (e.g. health data such as food intolerances) is concerned, we rely on your voluntary consent within the meaning of Art. 6 (a) GDPR in conjunction with Art. 9 (2) (a) GDPR. You can revoke your consent at any time with effect for the future free of charge by contacting the address specified in the declaration of consent. The revocation of consent does not affect the lawfulness of the processing carried out on the basis of the consent until revocation.

2.3. Recipients

At a joint event, the data is shared between the joint controllers who hold the event. The personal data will be forwarded to third parties only where required for the fulfilment of (pre-)contractual or statutory obligations, where justified for the maintenance of our legitimate interests, or where permitted within the scope of granted consent. The data may be sent to commissioned service providers for order processing (responsible for the organisation and execution of the event) or to companies pursuant to granted consent. Our service providers include, in particular, providers of IT services and other providers of tools and software solutions, who also support us in rendering our services and operate on our behalf (e.g. service providers for the purposes of event management).

2.4. Storage period

Your personal data will be stored for as long as is necessary for fulfilment of the purpose, and in addition only for as long as they have to be processed within the scope of statutory retention obligations. If you have given your consent to the processing of certain data, we will delete your data earlier if you revoke your consent. 

3. Processing in the context of "Image Recordings (photos/videos)"

3.1. Data source and Data categories

If image recordings are made at events of VERBUND, these will be stored and used for subsequent reporting (e.g. social media, website of the person(s) responsible, etc.).

3.2. Legal basis and purpose of the data processing

The legal basis is Art. 6(1)(f) GDPR and therefore the legitimate interest of VERBUND and also of the joint organizer(s), in case of a joint event. Image recordings are processed for the purpose of documenting and presenting events, activities and happenings related to the work or tasks of VERBUND, and stored in the VERBUND archive. Furthermore, the image recordings will be processed for internal purposes and for the purposes of the public relations and press work of VERBUND, made available to participants if necessary and published in printed and electronic media, in particular on social media platforms (Facebook, YouTube, etc.). If, in an individual case, data processing cannot be justified by our legitimate interests, we will obtain your consent within the meaning of Art. 6(1) (a) GDPR.You can revoke your voluntarily given consent at any time with effect for the future by sending an email to datenschutz@verbund.com.

3.4. Recipients

At a joint event, photos are taken in the common interest and used by all joint controllers for the purposes described, who hold the event. The image data will only be forwarded to third parties where justified for the maintenance of our legitimate interests and moreover where permitted within the scope of the purpose of processing. The image recordings may be sent to commissioned service providers for order processing.

3.5. Storage period

The image recordings will be stored for as long as the purpose of documentation exists and no objections are made in respect of this processing. We will also store your personal data for as long as the statutory retention obligations require us to do so. If the processing is based on your voluntary consent, we will store the data until you revoke your consent.

3.6. Data processing after the end of the event

If an event is held by joint controllers, the processing of the data required for this is carried out as described above in joint responsibility. Any data processing that takes place after the end of the event and is no longer related to the event (e.g. advertising mailings or similar) is carried out in the sole responsibility of the respective company. In this regard, please note the corresponding data protection information from VERBUND or the respective cooperation partner.

VERBUND X Accelerator. (the “Program”), was developed and is organised by VERBUND AG, Am Hof 6a, 1010 Vienna (“VERBUND”, “we”). Start-ups, SMEs and other entrepreneurs (“applicants”, “you”) can apply to the Program and “pitch” innovative ideas. Applicants can then profit from the Program’s numerous benefits and the broad VERBUND network. The applicant’s personal data will be collected during this process. Therefore, in what follows, we inform you how to contact the controller, where we obtain your personal data and how we handle it.

1. Name and Contact Information for the Controller and the Data Protection Officer

The controller for processing your data for the Program’s purposes is VERBUND AG, Am Hof 6a, 1010 Vienna. The following contact information can be used to reach us: team-innovation@verbund.com.

You can contact our Data Protection Officer at: datenschutz@verbund.com.

2. The Program – Processing Activities, Purpose of Processing, Legal Basis and Recipients

2.1. Applying for and implementing the Program

a) Data source and Data categories

We process the personal data you provide on the application form (“platform”), such as company name, e-mail address, telephone number, first and last name, further information about your company (such as website URL, LinkedIn URL, country of origin, founding date, team composition, information about your product or service, company stage, team size, pitch deck, company logo), any additional information you voluntarily provide and logfiles (e.g. IP address, time of login).

b) Legal basis and purpose of data processing

We process the personal data for the purpose of evaluating and selecting your application and organising and executing the Program. Depending on the batch we distinguish among different search fields or use cases, which are stated in detail on the Program-website www.verbundx.com.

The legal basis for processing your data within the context of applying for and implementing the Program is Art. 6(1) (b) GDPR (Taking steps prior to entering into a contract or performing a contract).

Concerning the use of the platform we justify the processing on the basis of our legitimate interest in accordance Art. 6(1) (f) GDPR for the purposes of making the platform and its functions available to you and to be able to identify, prevent and investigate attacks on the platform.

The provision of data by you is voluntary; however, if you do not provide these data, VERBUND will not be able to process your application accordingly.

c) Recipients

In order to process the personal data, we use service providers (e.g. IT service providers) which, in accordance with our orders and instructions, may under certain circumstances also have access to personal data in order to be able to render the commissioned services.

In case the IT service provider as data processor is a company located outside the European Union (EU), the data are still stored within the European Union (EU). Your personal data however may be transferred to countries outside the European Union (EU) or the European Economic Area (EEA) that offer an adequate level of data protection, as determined by adequacy decisions of the European Commission (https://commission.europa.eu/law/law-topic/data-protection/international-dimension-data-protection/adequacy-decisions_en).

The transfer of your personal data to countries that are not members of the EU/EEA and do not guarantee an adequate level of protection will only take place if the controller and the recipients of the data have concluded the European Commission's standard contractual clauses (SCCs) as adequate safeguards for the protection of your personal data and have implemented supplementary security measures.

Moreover, other third parties, who are selectively involved with the Program, may have an interest in observing your pitch, implementing project work, and entering into a separate contract with you after the completion of the Program. Therefore, the application data that we have collected from you may be sent to third parties to the extent stated below on the legal basis stated below:

The data are processed for aforementioned purposes on the basis of the Group companies’ overriding legitimate interests within the meaning of Art. 6(1)(f) GDPR in the evaluation and selection of your application for possible contact and a potential contractual relationship after the completion of the Program. These interests override your interest in data secrecy because you have already stated your willingness to participate in a program open to the public, for which you have applied.

Further your data is sent to and processed by VERBUND Ventures GmbH, a 100% affiliated company of VERBUND AG, for the purpose of evaluating a possible investment after the completion of the Program and getting in contact with you for that purpose. We justify the processing of your personal data for the above mentioned purpose on the basis of the Group companies’ overriding legitimate interests within the meaning of Art. 6(1) (f) GDPR.

VERBUND’s cooperation partners:

In addition, various cooperation partners of VERBUND receive your data in connection with the Program in regard to different use cases. These cooperation partners can be identified on the Program-website www.verbundx.com. They process your data in the selection process and the team-building processes as well as for preparatory meetings, project work and scouting, so that they can better evaluate potential subsequent cooperation with you in their own interests and contact you. They therefore act in a forward-looking manner within the context of implementing the Program, taking their own interests into account. The basis for this is their overriding legitimate interests within the meaning of Art. 6(1) (f) GDPR. These interests override your interest in data secrecy because you have already stated your willingness to participate in a program open to the public, for which you have applied.

2.2. Recorded images/videos

a) Data source and data categories

In the course of implementing the Program, we may record images/videos of you and publish them in print or electronic form on our websites, other relevant websites in regard to start–up programs and on social-media channels, such as Twitter, Facebook, LinkedIn etc.

b) Legal basis and purposes of data processing

The data is processed for the purpose of documenting and presenting the Program as well as your innovative ideas, pitches and other contributions to the Program. This is to make the Program – and your company – known.

The data processing activities are primarily based on our legitimate interest within the meaning of Art. 6(1) (f) GDPR in continuing a sustainable business. This interest overrides any interest you may have in data secrecy. Processing activities are not only expected but rather desirable and common in start-up programs. If, in an individual case, data processing cannot be justified by our legitimate interests, we will obtain your consent within the meaning of Art. 6(1) (a) GDPR.

c) Recipients

In the course of recording images/videos of you, processors and other third parties may receive access to your data and process the data for their own purposes. We also send your images/videos to the third parties identified in Subsection 2.1 c), which may also publish your data on their websites and social-media channels. They do this to support and advertise your company and strengthen the potential future cooperative relationship with you. Therefore, these data processing activities are also based on legitimate interests within the meaning of Art. 6(1) (f) GDPR. If, in an individual case, data processing cannot be justified by their legitimate interests, these third parties will obtain your consent within the meaning of Art. 6(1) (a) GDPR.

3. Storage period

Your data will be processed for the purposes of executing and implementing the Program and then for a period of seven years based on corporate law and tax law retention periods.

If specific claims are threatened, we will process your personal data for an additional 3 to 30 years in individual cases. In case of the platform data are stored to the extent this is required to investigate identified attacks and beyond that only until the end of the relevant limitation periods, statutory retention periods or any legal disputes. We process recorded images/videos as long as we have a legitimate interest in doing so. That is generally for the duration of the Program and as long thereafter as the images/videos are connected with the Program or profit from the benefits of VERBUND, and we have an interest in advertising with older contributions to animate future applications. We take the principles of data minimisation and purpose limitation into account in all such cases.

Our Group companies and cooperation partners, which receive your personal data for their own purposes, may also process this data for the aforementioned periods.

1. Name and Contact Information for the Controller and the Data Protection Officer

The controller for processing your data for the VERBUND X Venture’s purposes is VERBUND Ventures GmbH, Am Hof 6a, 1010 Vienna.

You can contact our Data Protection Officer at: datenschutz@verbund.com.

2. Processing in the context of “interest in an investment”

2.1. Data source and Data categories

We process the personal data you provide on the application form (“platform”) regarding an interest in an investment by VERBUND X Ventures, such as company name, country, e-mail address, contact name, website URL, information about your company, amount of your next fundraising round, further any additional information you voluntarily provide and logfiles (e.g. IP address, time of login).

2.2. Legal basis and purpose of data processing

We process the personal data for the purpose of evaluating a possible investment in you and getting in contact with you for that purpose.

The legal basis for processing your data for the above mentioned purpose is Art. 6(1) (b) GDPR (Taking steps prior to entering into a contract or performing a contract).

Concerning the use of the platform we justify the processing on the basis of our legitimate interest in accordance Art. 6(1) (f) GDPR for the purposes of making the platform and its functions available to you and to be able to identify, prevent and investigate attacks on the platform.

The provision of data by you is voluntary; however, if you do not provide these data, VERBUND will not be able to process your application accordingly.

2.3. Recipients

In order to process the personal data, we use service providers (e.g. IT service providers) which, in accordance with our orders and instructions, may under certain circumstances also have access to personal data in order to be able to render the commissioned services.

Moreover your data may be forwarded to specialist departments, divisions or companies within the VERBUND group and transmit the personal data necessary for this purpose for fulfilment of (pre)contractual obligations, or where justified for the maintenance of our legitimate interests.

2.4. Storage period

Your data will be processed for the fulfilment of the purposes mentioned above and then for a period of seven years based on corporate law and tax law retention periods. If specific claims are threatened, we will process your personal data for an additional 3 to 30 years in individual cases. In case of the platform data are stored to the extent this is required to investigate identified attacks and beyond that only until the end of the relevant limitation periods, statutory retention periods or any legal disputes.

2.5 Transfer of data to countries outside the EU/EEA

In case the IT service provider as data processor is a company located outside the European Union (EU), the data are still stored within the European Union (EU). Your personal data however still may be transferred to countries outside the European Union (EU) or the European Economic Area (EEA) that offer an adequate level of data protection, as determined by adequacy decisions of the European Commission (https://commission.europa.eu/law/law-topic/data-protection/international-dimension-data-protection/adequacy-decisions_en).

The transfer of your personal data to countries that are not members of the EU/EEA and do not guarantee an adequate level of protection will only take place if the controller and the recipients of the data have concluded the European Commission's standard contractual clauses (SCCs) as adequate safeguards for the protection of your personal data and have implemented supplementary security measures.

1. Name and Contact Information of the Data Controller and the Data Protection Officer

Responsible for the processing of your data in the context of "Newsletter/information by email" is VERBUND AG, Am Hof 6a, 1010 Vienna or VERBUND Ventures GmbH, Am Hof, 6a, 1010 Vienna ("VERBUND", "we", "us").

You can contact our Data Protection Officer at: datenschutz@verbund.com.

2. Processing in the context of “Newsletter/information by email”

2.1. Data source and Data categories

If you subscribe to a newsletter of VERBUND or request information from VERBUND by email, we will process, in particular, the following data: information about your person such as title, name, email address, as well as information about your company and position. The provision of these data by you is voluntary. However, if you do not provide the data, it will not be possible to send any newsletters or information to you by email.

2.2. Legal basis and purpose of the data processing

The legal basis for the processing of data is Art. 6(1) (a) GDPR and therefore your voluntary consent to receive the newsletter or information by email. You have the right to withdraw your voluntary consent at any time without giving reason and with effect for the future by clicking on the link contained in the email or by sending an email to datenschutz@verbund.com.

Your data will be processed by VERBUND for the purpose defined in the voluntary declaration of consent, such as, for example, the purpose to send information about activities in the field of innovation, contests or events of VERBUND, and to send invitations to events organized by VERBUND.

2.3. Recipients

The data will be forwarded to third parties only where required for the fulfilment of (pre-) contractual or statutory obligations, or where permitted, within the scope of your voluntarily granted consent. For example, as required, we will transfer your personal data to the external parties, e.g. auditors, insurers or legal representatives, to the extent necessary. Personal data will be rendered anonymous if possible.

Your personal data may be sent to commissioned service providers for order processing.

2.4. Storage period

Your data will be processed for as long as you continue to receive the newsletter/information by email, and for as long as you have not revoked your voluntarily given consent for the purpose in question.

With respect to your processed data, you generally have the rights of access, rectification, erasure, restriction, data portability, withdrawal of consent and objection. To assert these rights, you may contact VERBUND AG or VERBUND Ventures GmbH directly at datenschutz@verbund.com.

If you believe that the processing of your data violates data protection law or that your rights under data protection law have been otherwise violated, you can file a complaint with the national data protection authority where you reside. In Austria, the Austrian Data Protection Authority has jurisdiction (www.dsb.gv.at).

In case of the VERBUND Accelerator Program (point D), you can also assert these rights against third parties (Group companies and cooperation partners), if they process your data for their own purposes. In this case, please utilise the third party’s contact information, which is provided on www.verbundx.com.