Terms of Service | Aeroventure Institute

Overview

Summary

By applying to and participating in Aeroventure, you agree to these terms. You keep full ownership of your venture. We never take equity. Funding is for legitimate business use only. You must treat all participants with respect.

These terms apply to all students, parents or guardians, mentors, and other participants in Aeroventure Institute programs. Full program-specific terms are provided to accepted students at the time of acceptance. For questions, contact us through the homepage.

Eligibility & Application

Quick note

The program is free and open to any Long Island high school student in grades 9–12. No prior business experience is required.

To be eligible, you must:

Be enrolled in a Long Island high school in grades 9–12.
Provide accurate and complete information on your application.
Obtain parent or guardian consent if you are under 18 (required).
Agree to these terms and our community and safety guidelines.

We reserve the right to verify information provided on applications and to accept or decline applications at our discretion. Submission of an application does not guarantee acceptance. We may request additional information or a brief follow-up conversation as part of the review process.

Participation Expectations

Accepted students are expected to engage fully with the program. Specifically, you agree to:

Participate in mentorship — attending regular 1:1 sessions with your matched mentor and communicating proactively about your progress.
Engage with playbooks, workshops, and events as offered, including pitch nights and community meetups.
Use any funding or resources provided for legitimate business purposes as described in your program materials.
Treat all mentors, staff, and fellow participants with respect and follow our community and safety guidelines.
Communicate honestly with Aeroventure and your mentor about your venture, your progress, and any issues you face.

Failure to meet these expectations may result in suspension or termination of participation. See the Termination section below.

Funding & Resources

Important

Program funding is for legitimate business use only. Misuse — including personal spending, fraud, or using funds outside program guidelines — may result in termination of participation and repayment obligations.

Grants provided by Aeroventure are designated for building and growing your venture — for example, inventory, tools, software, or marketing — as specified in your program materials.

Eligible uses

Product inventory, materials, or manufacturing costs.
Digital or physical tools needed to run your business.
Marketing or advertising directly related to your venture.
Website, platform, or software costs for your business.
Other business expenses pre-approved by the Aeroventure team.

Ineligible uses

Personal expenses unrelated to your venture.
Purchases not pre-approved for business use.
Transfer to third parties without program authorization.
Any fraudulent or deceptive use.

Full terms on use, reporting requirements, and consequences for misuse are provided in your acceptance materials.

Your Venture & Intellectual Property

You own your venture

Aeroventure does not claim ownership of your business, ideas, intellectual property, or revenue. We will never take equity in exchange for participation or funding.

You retain full ownership of your venture and any intellectual property you create during or after the program. Aeroventure does not claim any stake, license, or right over your business, product, or ideas.

Permission to share your story

We may ask, separately, for your permission to feature your venture in our communications — for example, in success stories, social media, or press. We will not use your name, photo, or venture without your explicit consent and, where applicable, your parent or guardian's consent.

Community & Safety

All participants — students, mentors, staff, and partners — must follow our community and safety guidelines at all times, including:

Treating all participants with respect regardless of background, identity, or experience level.
Maintaining confidentiality of information shared within the program.
Refraining from harassment, discrimination, bullying, or any behavior that makes others feel unsafe.
Using program platforms and communications in a professional and appropriate manner.

Violations may result in immediate termination of participation. For reporting procedures and our full commitment to participant safety, see our Safety Policy.

Termination

By AeroventureWe may suspend or terminate your participation if you breach these terms, misuse funding, violate community or safety guidelines, or for other reasons communicated in writing. We will make reasonable efforts to notify you.

By youYou may withdraw from the program at any time by notifying us in writing. Withdrawal or termination may affect access to funding, mentorship, and community resources.

ConsequencesAny repayment obligations arising from misuse of funding, and other consequences of termination, are set out in your program materials.

Limitation of Liability

Aeroventure provides the program “as is” and makes no warranties, express or implied, regarding outcomes, revenue generation, or the fitness of the program for any particular purpose. We are not liable for:

Any indirect, incidental, or consequential damages arising from your participation.
Outcomes or results of your venture, including financial losses.
The conduct of mentors, partners, or other third parties.
Technical issues with third-party tools or platforms.

Your participation and use of program resources — including funding, mentorship, and playbooks — is at your own discretion and risk. We encourage you to seek legal, tax, or other professional advice as needed for your venture.

Changes & Contact

We may update these terms from time to time. We will notify accepted students of material changes by email. Continued participation after changes take effect constitutes acceptance of the updated terms.

For questions about these terms, see our homepage or contact us directly.