Privacy Statement
Privacy Statement
It is extremely important for us to protect your personal data. The following information describes which personal data are processed when visiting the website www.verbundx.com, applying for the VERBUND X Accelerator or getting in contact regarding an investment by VERBUND X Ventures.
A. Website verbundx.com
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.
B. Making contact/enquiries
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.
C. Registration for VERBUND-Events and Image Recordings
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”).
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, we will process information about your person such as gender, 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. You provide the data on a voluntary basis; however, if you do not provide the necessary data, 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.).
2.3. Recipients
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.
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.
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. 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, Twitter, 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
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.
D. VERBUND X Accelerator
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, country of origin, founding date, team composition, information about your product or service, company stage), 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.
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.
E. VERBUND X Ventures
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.
F. Your Rights
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.
version as of January 2025