Privacy Policy
1. GENERAL PROVISIONS.
This privacy policy (“Policy”) explains the general principles of how Sabiedrība ar ierobežotu atbildību "VENTUREFACULTY" (“Venture Faculty”, “we”, “our”, or “us”), collects and uses information when you visit our website at https://www.venturefaculty.io/ (“Website”), use any of our services (“Services”) that we provide to you, or if you interact with us in any other way.
By communicating with us through the Website or our Services, you may be explicitly asked to confirm acceptance of this Policy.
We process personal data under this Policy and in accordance with applicable legislation, including the General Data Protection Regulation (2016/679) ("GDPR") and the applicable national data protection laws, as applicable to the data controller (“Data Protection Law”). Personal data means any information that can be used to directly or indirectly uniquely identify, contact or locate you as a private individual (“Personal Data”).
By accessing or using our Services or Website, you signify your understanding of the terms set out in this Policy.
Our Website may contain links to other websites or services. Venture Faculty is not responsible for the privacy practices of those third-party websites or services, and we encourage you to review their privacy policies before providing any personal data to them.
We may unilaterally make changes to this Policy to reflect changes in our processing methods and the best practices of data protection. We will notify you of any material changes by updating the 'Last Updated' date at the top of this Policy.
Our responsibilities - if you are a visitor to our Website or a user of our Services, Venture Faculty acts as the “data controller” of your Personal Data. This means we determine how and why your data is processed.
Your responsibilities - read this Policy.
2. INFORMATION WE COLLECT AND CATEGORIES OF DATA COLLECTED.
In the course of providing our Services or the best use of our Website, we collect or receive your Personal Data in a few different ways. We obtain the categories of Personal Data either directly from you, indirectly from you based on your activity and interaction with our Website or Services, or from the device or browser you use to access the Website. Often, you choose what information to provide, but sometimes we require certain information to provide you the Services and to ensure better use of our Website to you. You can choose not to provide certain information, but then you might not be able to take advantage of some of the features of our Website or Services.
The Personal Data collected includes:
1. Contact details and basic information.Your name, address, telephone number, and email address, where provided by you via forms available on the Website.
2. Depersonalised Data. We may also collect and process depersonalized data about visitors of the Website and cookies, by using the Internet statistical services (for example, Google Analytics and others). For more information about the cookies we use and how to manage them, please refer to our Cookie Policy.
3. Location Information. We may collect your approximate location (country and/or region) derived from your IP address. This information is used for analytics purposes and to serve relevant content. We do not collect your precise geographic location.
3. THE LEGAL BASIS OF PROCESSING YOUR DATA.
We process your Personal Data based on:
- your consent;
- an agreement between us; and/or
- our legitimate interest to ensure the quality of our Website or Services, ensure security, protection of our financial interests, spread information about our Services and events, keep business relationships with our clients and partners, understand and improve how people are using our Website, find employees, maintain and develop business relationships and communication between Venture Faculty and visitors, and provide information about relevant developments relating to our services.
Venture Faculty processes the Personal Data of the visitors of the Website only if the Personal Data is being filled in and/or sent in by the visitor independently via forms available on the Website. By filling in the appropriate forms and/or by independently sending your Personal Data to us, you consent to this Policy.
We limit the processing of your Personal Data to the scope of purpose for which the data was collected. In cases where the processing is based on your consent, you have the right to withdraw your consent to such processing at any time. However, it may limit the Services or Website use offered to you, if the collection and processing are required by the law.
We have taken the appropriate technical and organizational measures to ensure the secure processing of your Personal Data. Your data will be processed in such a manner to ensure confidentiality and data integrity.
4. PURPOSES OF PERSONAL DATA PROCESSING.
Depending on a case-by-case basis, we may process your Personal Data for such a purpose:
1. To inform you or communicate with you by sending personalized e-mails;
2. To send you marketing notifications about new products, services, special offers, and various events managed by us or our partners. We may use your name, your e-mail address, and other information that can be used to contact you for the purposes of providing you with such information. You may always unsubscribe from receiving marketing informational messages from us in every communication received by choosing the “unsubscribe” option in the relevant communication;
3. To collect information about your actions on the Website for us to be able to improve the quality of the Website and its content.
If we intend on using your Personal Data for purposes other than those listed above, you will be notified prior to that processing on that other purpose, and on all your rights regarding such processing.
5. YOUR RIGHTS AS A DATA SUBJECT.
You, as a data subject, at any time may exercise the following rights with respect to our processing of your Personal Data:
a) Right to access. You have the right to request access to any data that can be considered your Personal Data. This also includes your right to be informed on whether Venture Faculty processes your Personal Data and what categories of the latter are being processed by us, as well as the purpose of our data processing;
b) Right to rectification. You have the right to have the data corrected if the Personal Data held by us is inaccurate or incomplete. You can update the data independently by sending us a notification to our email address hello@venturefaculty.io, indicating in the subject of the email marked "Updating my personal data";
c) Right to object. You have the right to object to processing (using) your Personal Data at anytime, including, for example, the processing of your Personal Data for marketing purposes;
d) Right to erasure. You may request that your Personal Data be deleted if the Personal Data is no longer necessary for the purposes for which it was collected;
e) Right to restriction of processing. You have the right to request that we restrict the processing of your Personal Data in certain circumstances defined by Art. 18 GDPR. During any such restriction, we may only store your data and may not otherwise process it;
f) Right to data portability. Where we process your Personal Data based on your consent or a contract, you have the right to receive a copy of that data in a digital format;
g) Right to withdraw your consent. In cases where the processing is based on your consent, you have the right to withdraw your consent at any time;
h) Right to lodge a complaint. You have the right to lodge a complaint with the supervisory authority in Latvia – the Data State Inspectorate (Datu valsts inspekcija), (address: Elijasiela 17, Rīga, LV-1050, webpage: www.dvi.gov.lv).
i) Unsubscribe from marketing. We allow you to unsubscribe of our communication with you whenever we send you information about us, the events that we organize, or any other information that we believe may be of interest to you.
6. PROCEDURE FOR COLLECTION, STORAGE, TRANSFER, AND OTHER TYPES OF PERSONAL DATA PROCESSING.
The security of Personal Data processed by Venture Faculty is ensured by the implementation of legal, organizational, and technical measures necessary to fully comply with the requirements of the current law, regulation, or professional standards.
We ensure the safety of your Personal Data and we take all the necessary measures to preventunauthorized access to such data.
When providing Services to you, we may be obliged to transfer your Personal Data to third parties. This may include data transfer in the context of certain legal procedures and/or litigations (if any). We may also transfer your data between entities of Venture Faculty, partners, and authorities when we are legally obliged to do so. We also share your Personal Data with third-party service providers who assist us in operating our Website, such as analytics and behaviour analytics providers.
7. RETENTION PERIODS
We retain your Personal Data only for as long as necessary for the purpose for which it was collected, in accordance with applicable law. Specifically:
- Contact details and information submitted through Website forms are retained for up to 2 years from the date of your last interaction with us;
- Personal Data processed for marketing purposes is retained until you withdraw your consent (unsubscribe), after which we retain a record of your opt-out for up to 1 year;
- Analytics and cookies data is retained for up to 13 months from collection.
Your Personal Data may be retained for longer periods where required by law, regulation, or professional standards, or where necessary to establish, exercise, or defend legal claims. After expiry of the applicable retention period, we securely delete or anonymise your Personal Data.
For other purposes, the period for which the Personal Data may be stored depends on several criteria, such as:
- typeof Personal Data;
- our legal obligations under laws and regulations to retain your Personal Data for valid purposes.
8. CROSS-BORDER TRANSFER
We are part of a global network and in common with other service providers, we use third parties located in other countries to help us run our business. As a result, Personal Data may be transferred outside the countries where we and you are located. This includes transfers to countries outside the European EconomicArea (“EEA”) and to countries that may not have laws that provide the samedegree of protection for Personal Data as to your home country. In accordancewith applicable legal requirements, Venture Faculty takes appropriate measuresto ensure the appropriate protection for any such data transferred.
Where we transfer your Personal Data to recipients located outside the EEA in countries not covered by an EU regulations, we rely on appropriate safeguards. You may request a copy of or further information about the applicable transfer safeguards by contacting us at the details in Section 11.
9. SELLING OF INFORMATION.
We do not sellyour Personal Data.
10. INFORMATION SECURITY.
We seek to use all the necessary organizational, technical, and administrative measures to protect the confidentiality, integrity, and security of Personal Data and we encourage you to take care of the Personal Data in your possession that you process online.
11. MODALITIES TO EXERCISE YOUR RIGHTS.
If you wish toexercise these rights or have any questions concerning our processing of yourPersonal Data, please contact us by sending an email to the following address hello@venturefaculty.io,or by using the contact details below:
Sabiedrība ar ierobežotu atbildību "VENTURE FACULTY”
Address:Elizabetes iela 39-20,
Rīga, LV-1010,Republic of Latvia
For certain Personal Data requests, we must first verify your identity before processing your request. To do so, we may ask you to provide us with your full name, contact information, and relationship with Venture Faculty. Depending on your request, we may ask you to provide additional information. We will respond to your request within 30 days of receipt.