General Terms & Conditions: Stichting Vukara

1. General

These terms govern the use of the platform provided by Stichting Vukara, a foundation registered in Amsterdam (KvK: 99988445). By using our services, you agree to these terms. As a non-profit entity, our primary goal is to promote access to resources for successful entrepreneurship and knowledge sharing.

2. Role of the Foundation

  • Stichting Vukara provides a platform to connect founders with funding, skills, and networks.
  • The foundation acts as a facilitator and is not a party to any separate agreements between founders and backers.
  • We do not provide investment advice; the foundation's activities are limited to its statutory goals of empowerment and guidance.

3. Fees and Contributions

To cover the operational costs of maintaining the platform and achieving our non-profit goals, we apply the following structure:

  • Commitment Fee: A 1% non-refundable contribution is required to start a campaign to cover administrative costs.
  • Success Contribution: If a campaign reaches its goal, a contribution of 7-8% (depending on size) is deducted to support the continuity of the foundation's work.
  • Skill-Based Funding: Currently, no fees are charged for skill-based contributions to ensure maximum empowerment.

3.1 Payment Processing & Right of Refusal

  • Third-Party Payment Providers: All financial transactions, including commitment fees, success contributions, and donations, are handled exclusively through certified and licensed third-party payment service providers. By initiating a transaction, you agree to the terms and conditions of the relevant payment provider. Stichting Vukara does not store sensitive credit card or full bank account details on its own servers.
  • Right to Refuse or Cancel Transactions: In accordance with our statutory goals to promote successful entrepreneurship and knowledge sharing, the Board of Directors reserves the right to:
    • Refuse or cancel any campaign, donation, or transaction at its sole discretion.
    • Reject participation if a project or individual does not align with the foundation’s mission or values.
    • Verify the identity of users to comply with Dutch anti-money laundering (Wwft) and tax regulations.
  • Refunds: Given our non-profit status and the immediate allocation of funds toward the foundation's continuity and objectives, contributions such as the 1% commitment fee are generally non-refundable unless otherwise required by Dutch law.

4. Certifications and Skills

  • Optional paid certifications are provided as a means of validating achievement and supporting employability.
  • These certifications are intended for professional credibility and do not constitute a formal academic degree unless explicitly stated.

5. Liability Limitation

  • Stichting Vukara is not liable for the failure of any entrepreneur or startup to achieve specific business results.
  • While we provide a platform for knowledge sharing, we do not guarantee the absolute accuracy of information provided by community members.
  • The foundation is not responsible for any financial losses incurred by backers.

6. Use of Media and Content

  • By uploading content (pitches, images, or stories), you grant the foundation a license to use this material to provide information about our activities and promote our mission.
  • You represent that you own all content you upload to the platform.

7. Governing Law

  • These terms are governed by the laws of the Netherlands.
  • Any disputes shall be submitted to the competent court in Amsterdam.

8. Governance and Financial Integrity

  • Non-Profit Mandate: Stichting Vukara is a non-profit foundation registered in Amsterdam and does not aim to make a profit.
  • Management of Funds: In accordance with our statutes, the foundation holds no more assets than reasonably necessary for the continuity of its mission. No board member may dispose of foundation assets as their own.
  • Board Composition: The foundation is managed by a board of at least two persons. As of March 6, 2026, the board consists of Anna Jeannette Klapwijk (Chair) and Yin-Yin Hsu (Secretary-Treasurer).
  • Remuneration: Users acknowledge that board members are unpaid and only entitled to reimbursement for actual expenses incurred in their function.
  • Statutory Goals: All platform contributions are used exclusively to promote access to resources for entrepreneurship and global community empowerment.