Privacy Policy

1. An overview of data protection

General information

The following information will provide you with an easy to navigate overview of
what will happen with your personal data when you visit this website. The term “personal data”
comprises all data that can be used to personally identify you. For detailed information about the subject matter of
data protection, please consult our Data Protection Declaration, which we have included beneath this copy.

Data recording on this website

Who is the responsible party for the recording of data on this
website (i.e., the “controller”)?

The data on this website is processed by the operator of the
website, whose contact information is available under section “Information about the responsible party
(referred to as the “controller” in the GDPR)” in this Privacy Policy.

How do we
record your data?

We collect your data as a result of your sharing of your data with us. This may, for
instance be information you enter into our contact form.

Other data shall be recorded by our IT systems
automatically or after you consent to its recording during your website visit. This data comprises primarily technical
information (e.g., web browser, operating system, or time the site was accessed). This information is recorded
automatically when you access this website.

What are the purposes we use your data for?

A
portion of the information is generated to guarantee the error free provision of the website. Other data may be used
to analyze your user patterns.

What rights do you have as far as your information is concerned?

You have the right to receive information about the source, recipients, and purposes of your archived personal
data at any time without having to pay a fee for such disclosures. You also have the right to demand that your data
are rectified or eradicated. If you have consented to data processing, you have the option to revoke this consent at
any time, which shall affect all future data processing. Moreover, you have the right to demand that the processing of
your data be restricted under certain circumstances. Furthermore, you have the right to log a complaint with the
competent supervising agency.

Please do not hesitate to contact us at any time if you have questions about
this or any other data protection related issues.

Analysis tools and tools provided by third parties

There is a possibility that your browsing patterns
will be statistically analyzed when your visit this website. Such analyses are performed primarily with what we refer
to as analysis programs.

For detailed information about these analysis programs please consult our Data
Protection Declaration below.

2. Hosting

We are hosting the content of our website at the following provider:

External Hosting

This website is hosted externally. Personal data collected on this website are stored
on the servers of the host. These may include, but are not limited to, IP addresses, contact requests, metadata and
communications, contract information, contact information, names, web page access, and other data generated
through a web site.

The external hosting serves the purpose of fulfilling the contract with our potential and
existing customers (Art. 6(1)(b) GDPR) and in the interest of secure, fast, and efficient provision of our online
services by a professional provider (Art. 6(1)(f) GDPR). If appropriate consent has been obtained, the processing is
carried out exclusively on the basis of Art. 6 (1)(a) GDPR and § 25 (1) TDDDG, insofar the consent includes the
storage of cookies or the access to information in the user’s end device (e.g., device fingerprinting) within the
meaning of the TDDDG. This consent can be revoked at any time.

Our host(s) will only process your data to
the extent necessary to fulfil its performance obligations and to follow our instructions with respect to such
data.

We are using the following host(s):

Um die Sicherheit Ihrer Daten angemessen und umfassend bei der Verarbeitung und insbesondere der
Übertragung zu schützen, verwenden wir, soweit erforderlich und orientiert am aktuellen Stand der
Technik, entsprechende Verschlüsselungsverfahren (z. B. SSL/TLS) und gesicherte technische Systeme.

Der technische Betrieb der Datenverarbeitungssystem erfolgt mit Unterstützung des Leibniz-
Rechenzentrums (LRZ) der Bayerischen Akademie der Wissenschaften (Boltzmannstraße 1 D-85748 Garching
bei München, Telefon: (089) 35831 8000, Fax: (089) 35831 9700, E-Mail: lrzpost@lrz.de, https://www.lrz.de),
mit dem ein Auftragsverarbeitungsvertrag besteht.

Alle unsere Mitarbeiterinnen und Mitarbeiter unterliegen dem gesetzlichen Datengeheimnis gemäß Art.
11 BayDSG oder sind zur Vertraulichkeit verpflichtet.

Data processing

We have concluded a data processing agreement (DPA) for the use of the above-
mentioned service. This is a contract mandated by data privacy laws that guarantees that they process personal data
of our website visitors only based on our instructions and in compliance with the GDPR.

3. General information and mandatory information

Data protection

The operators of this website and its pages take the protection of your personal data
very seriously. Hence, we handle your personal data as confidential information and in compliance with the statutory
data protection regulations and this Data Protection Declaration.

Whenever you use this website, a variety
of personal information will be collected. Personal data comprises data that can be used to personally identify you.
This Data Protection Declaration explains which data we collect as well as the purposes we use this data for. It also
explains how, and for which purpose the information is collected.

We herewith advise you that the
transmission of data via the Internet (i.e., through e-mail communications) may be prone to security gaps. It is not
possible to completely protect data against third-party access.

Information about the responsible party (referred to as the “controller” in the GDPR)

The data processing controller on this website is:

Innovation & Entrepreneurship Center
Ludwigs-Maximilians-University
80802 München

Phone: [Telefonnummer der verantwortlichen Stelle]
E-mail: iec-collab@som.lmu.de

The controller is the natural person or legal entity that single-handedly or jointly with others makes decisions as
to the purposes of and resources for the processing of personal data (e.g., names, e-mail addresses, etc.).

Storage duration

Unless a more specific storage period has been specified in this privacy policy, your
personal data will remain with us until the purpose for which it was collected no longer applies. If you assert a
justified request for deletion or revoke your consent to data processing, your data will be deleted, unless we have
other legally permissible reasons for storing your personal data (e.g., tax or commercial law retention periods); in the
latter case, the deletion will take place after these reasons cease to apply.

General information on the legal basis for the data processing on this website

If you have consented
to data processing, we process your personal data on the basis of Art. 6(1)(a) GDPR or Art. 9 (2)(a) GDPR, if special
categories of data are processed according to Art. 9 (1) DSGVO. In the case of explicit consent to the transfer of
personal data to third countries, the data processing is also based on Art. 49 (1)(a) GDPR. If you have consented to
the storage of cookies or to the access to information in your end device (e.g., via device fingerprinting), the data
processing is additionally based on § 25 (1) TDDDG. The consent can be revoked at any time. If your data is
required for the fulfillment of a contract or for the implementation of pre-contractual measures, we process your
data on the basis of Art. 6(1)(b) GDPR. Furthermore, if your data is required for the fulfillment of a legal obligation,
we process it on the basis of Art. 6(1)(c) GDPR. Furthermore, the data processing may be carried out on the basis of
our legitimate interest according to Art. 6(1)(f) GDPR. Information on the relevant legal basis in each individual case
is provided in the following paragraphs of this privacy policy.

Recipients of personal data

In the scope of our business activities, we cooperate with various
external parties. In some cases, this also requires the transfer of personal data to these external parties. We only
disclose personal data to external parties if this is required as part of the fulfillment of a contract, if we are legally
obligated to do so (e.g., disclosure of data to tax authorities), if we have a legitimate interest in the disclosure
pursuant to Art. 6 (1)(f) GDPR, or if another legal basis permits the disclosure of this data. When using processors,
we only disclose personal data of our customers on the basis of a valid contract on data processing. In the case of
joint processing, a joint processing agreement is concluded.

Revocation of your consent to the processing of data

A wide range of data processing transactions
are possible only subject to your express consent. You can also revoke at any time any consent you have already
given us. This shall be without prejudice to the lawfulness of any data collection that occurred prior to your
revocation.

Right to object to the collection of data in special cases; right to object to direct advertising (Art. 21
GDPR)

IN THE EVENT THAT DATA ARE PROCESSED ON THE BASIS OF ART. 6(1)(E) OR (F) GDPR, YOU
HAVE THE RIGHT TO AT ANY TIME OBJECT TO THE PROCESSING OF YOUR PERSONAL DATA BASED ON
GROUNDS ARISING FROM YOUR UNIQUE SITUATION. THIS ALSO APPLIES TO ANY PROFILING BASED ON
THESE PROVISIONS. TO DETERMINE THE LEGAL BASIS, ON WHICH ANY PROCESSING OF DATA IS BASED,
PLEASE CONSULT THIS DATA PROTECTION DECLARATION. IF YOU LOG AN OBJECTION, WE WILL NO
LONGER PROCESS YOUR AFFECTED PERSONAL DATA, UNLESS WE ARE IN A POSITION TO PRESENT
COMPELLING PROTECTION WORTHY GROUNDS FOR THE PROCESSING OF YOUR DATA, THAT OUTWEIGH
YOUR INTERESTS, RIGHTS AND FREEDOMS OR IF THE PURPOSE OF THE PROCESSING IS THE CLAIMING,
EXERCISING OR DEFENCE OF LEGAL ENTITLEMENTS (OBJECTION PURSUANT TO ART. 21(1) GDPR).

IF YOUR PERSONAL DATA IS BEING PROCESSED IN ORDER TO ENGAGE IN DIRECT ADVERTISING, YOU
HAVE THE RIGHT TO OBJECT TO THE PROCESSING OF YOUR AFFECTED PERSONAL DATA FOR THE
PURPOSES OF SUCH ADVERTISING AT ANY TIME. THIS ALSO APPLIES TO PROFILING TO THE EXTENT THAT IT
IS AFFILIATED WITH SUCH DIRECT ADVERTISING. IF YOU OBJECT, YOUR PERSONAL DATA WILL
SUBSEQUENTLY NO LONGER BE USED FOR DIRECT ADVERTISING PURPOSES (OBJECTION PURSUANT TO
ART. 21(2) GDPR).

Right to log a complaint with the competent supervisory agency

In the event of violations of the
GDPR, data subjects are entitled to log a complaint with a supervisory agency, in particular in the member state
where they usually maintain their domicile, place of work or at the place where the alleged violation occurred. The
right to log a complaint is in effect regardless of any other administrative or court proceedings available as legal
recourses.

Right to data portability

You have the right to have data that we process automatically on the basis of
your consent or in fulfillment of a contract handed over to you or to a third party in a common, machine-readable
format. If you should demand the direct transfer of the data to another controller, this will be done only if it is
technically feasible.

Information about, rectification and eradication of data

Within the scope of the applicable statutory
provisions, you have the right to demand information about your archived personal data, their source and recipients
as well as the purpose of the processing of your data at any time. You may also have a right to have your data
rectified or eradicated. If you have questions about this subject matter or any other questions about personal data,
please do not hesitate to contact us at any time.

Right to demand processing restrictions

You have the right to demand the imposition of restrictions
as far as the processing of your personal data is concerned. To do so, you may contact us at any time. The right to
demand restriction of processing applies in the following cases:

  • In the event that you should dispute
    the correctness of your data archived by us, we will usually need some time to verify this claim. During the time that
    this investigation is ongoing, you have the right to demand that we restrict the processing of your personal data.
  • If the processing of your personal data was/is conducted in an unlawful manner, you have the option to demand
    the restriction of the processing of your data instead of demanding the eradication of this data.
  • If we do not
    need your personal data any longer and you need it to exercise, defend or claim legal entitlements, you have the right
    to demand the restriction of the processing of your personal data instead of its eradication.
  • If you have
    raised an objection pursuant to Art. 21(1) GDPR, your rights and our rights will have to be weighed against each
    other. As long as it has not been determined whose interests prevail, you have the right to demand a restriction of
    the processing of your personal data.

If you have restricted the processing of your personal data,
these data – with the exception of their archiving – may be processed only subject to your consent or
to claim, exercise or defend legal entitlements or to protect the rights of other natural persons or legal entities or for
important public interest reasons cited by the European Union or a member state of the EU.

SSL and/or TLS encryption

For security reasons and to protect the transmission of confidential
content, such as purchase orders or inquiries you submit to us as the website operator, this website uses either an
SSL or a TLS encryption program. You can recognize an encrypted connection by checking whether the address line
of the browser switches from “http://” to “https://” and also by the appearance of the
lock icon in the browser line.

If the SSL or TLS encryption is activated, data you transmit to us cannot be
read by third parties.

Rejection of unsolicited e-mails

We herewith object to the use of contact information published in
conjunction with the mandatory information to be provided in our Site Notice to send us promotional and
information material that we have not expressly requested. The operators of this website and its pages reserve the
express right to take legal action in the event of the unsolicited sending of promotional information, for instance via
SPAM messages.

4. Recording of data on this website

Cookies

Our websites and pages use what the industry refers to as “cookies.” Cookies
are small data packages that do not cause any damage to your device. They are either stored temporarily for the
duration of a session (session cookies) or they are permanently archived on your device (permanent cookies).
Session cookies are automatically deleted once you terminate your visit. Permanent cookies remain archived on
your device until you actively delete them, or they are automatically eradicated by your web browser.

Cookies can be issued by us (first-party cookies) or by third-party companies (so-called third-party cookies).
Third-party cookies enable the integration of certain services of third-party companies into websites (e.g., cookies
for handling payment services).

Cookies have a variety of functions. Many cookies are technically essential
since certain website functions would not work in the absence of these cookies (e.g., the shopping cart function or
the display of videos). Other cookies may be used to analyze user behavior or for promotional purposes.

Cookies, which are required for the performance of electronic communication transactions, for the provision of
certain functions you want to use (e.g., for the shopping cart function) or those that are necessary for the
optimization (required cookies) of the website (e.g., cookies that provide measurable insights into the web audience),
shall be stored on the basis of Art. 6(1)(f) GDPR, unless a different legal basis is cited. The operator of the website has
a legitimate interest in the storage of required cookies to ensure the technically error-free and optimized provision
of the operator’s services. If your consent to the storage of the cookies and similar recognition technologies
has been requested, the processing occurs exclusively on the basis of the consent obtained (Art. 6(1)(a) GDPR and
§ 25 (1) TDDDG); this consent may be revoked at any time.

You have the option to set up your browser
in such a manner that you will be notified any time cookies are placed and to permit the acceptance of cookies only in
specific cases. You may also exclude the acceptance of cookies in certain cases or in general or activate the delete-
function for the automatic eradication of cookies when the browser closes. If cookies are deactivated, the functions
of this website may be limited.

Which cookies and services are used on this website can be found in this
privacy policy.

Consent with Usercentrics

This website uses the consent technology of Usercentrics to obtain your
consent to the storage of certain cookies on your device or for the use of specific technologies, and to document the
former in a data protection compliant manner. The party offering this technology is Usercentrics GmbH, Sendlinger
Straße 7, 80331 München, Germany, website: https://usercentrics.com/ (hereinafter referred to as
“Usercentrics”).

Whenever you visit our website, the following personal data will be
transferred to Usercentrics:

  • Your declaration(s) of consent or your revocation of your declaration(s) of
    consent
  • Your IP address
  • Information about your browser
  • Information about your
    device
  • The date and time you visited our website
  • Geolocation

Moreover,
Usercentrics shall store a cookie in your browser to be able to allocate your declaration(s) of consent or any
revocations of the former. The data that are recorded in this manner shall be stored until you ask us to eradicate
them, delete the Usercentrics cookie or until the purpose for archiving the data no longer exists. This shall be
without prejudice to any mandatory legal retention periods.

The Usercentrics banner on this website has
been configured with the assistance of eRecht24. This can be identified by the eRecht24 logo. To display the
eRecht24 logo in the banner, a connection to the image server of eRecht24 will be established. In conjunction with
this, the IP address is also transferred; however, is only stored in anonymized form in the server logs. The image
server of eRecht24 is located in Germany with a German provider. The banner as such is provided exclusively by
Usercentrics.

Usercentrics uses cookies to obtain the declarations of consent mandated by law. The legal basis for the use of
specific technologies is Art. 6(1)(c) GDPR.

Data processing

We have concluded a data processing agreement (DPA) for the use of the above-
mentioned service. This is a contract mandated by data privacy laws that guarantees that they process personal data
of our website visitors only based on our instructions and in compliance with the GDPR.

Request by e-mail, telephone, or fax

If you contact us by e-mail, telephone or fax, your request,
including all resulting personal data (name, request) will be stored and processed by us for the purpose of processing
your request. We do not pass these data on without your consent.

These data are processed on the basis of
Art. 6(1)(b) GDPR if your inquiry is related to the fulfillment of a contract or is required for the performance of pre-
contractual measures. In all other cases, the data are processed on the basis of our legitimate interest in the effective
handling of inquiries submitted to us (Art. 6(1)(f) GDPR) or on the basis of your consent (Art. 6(1)(a) GDPR) if it has
been obtained; the consent can be revoked at any time.

The data sent by you to us via contact requests
remain with us until you request us to delete, revoke your consent to the storage or the purpose for the data storage
lapses (e.g. after completion of your request). Mandatory statutory provisions – in particular statutory retention
periods – remain unaffected.

5. Newsletter

Newsletter data

If you would like to receive the newsletter offered on the website, we require an e-
mail address from you as well as information that allows us to verify that you are the owner of the e-mail address
provided and that you agree to receive the newsletter. Further data is not collected or only on a voluntary basis. For
the handling of the newsletter, we use newsletter service providers, which are described below.

Brevo

This website uses Brevo for the sending of newsletters. The provider is the Sendinblue GmbH,
Köpenicker Straße 126, 10179 Berlin, Germany.

Brevo services can, among other things, be
used to organize and analyze the sending of newsletters. The data you enter for the purpose of subscribing to the
newsletter are archived on servers of Sendinblue GmbH in Germany.

Data analysis by Brevo

Brevo enables us to analyze our newsletter campaigns. For instance, it allows us to see whether a newsletter
message has been opened and, if so, which links may have been clicked. This enables us to determine, which links
drew an extraordinary number of clicks.

Moreover, we are also able to see whether once the e-mail was
opened or a link was clicked, any previously defined actions were taken (conversion rate). This allows us to
determine whether you have made a purchase after clicking on the newsletter.

Brevo also enables us to
divide the subscribers to our newsletter into various categories (i.e., to “cluster” recipients). For
instance, newsletter recipients can be categorized based on age, gender, or place of residence. This enables us to
tailor our newsletter more effectively to the needs of the respective target groups.

If you do not want to
permit an analysis by Brevo, you must unsubscribe from the newsletter. We provide a link for you to do this in every
newsletter message. Moreover, you can also unsubscribe from the newsletter right on the website.

For
detailed information on the functions of Brevo please follow this link: https://www.brevo.com/de/newsletter-software/.

Legal basis

The data is
processed based on your consent (Art. 6(1)(a) GDPR). You may revoke any consent you have given at any time by
unsubscribing from the newsletter. This shall be without prejudice to the lawfulness of any data processing
transactions that have taken place prior to your revocation.

Storage period

The data deposited
with us for the purpose of subscribing to the newsletter will be stored by us until you unsubscribe from the
newsletter or the newsletter service provider and deleted from the newsletter distribution list after you unsubscribe
from the newsletter. Data stored for other purposes with us remain unaffected.

After you unsubscribe from
the newsletter distribution list, your e-mail address may be stored by us or the newsletter service provider in a
blacklist, if such action is necessary to prevent future mailings. The data from the blacklist is used only for this
purpose and not merged with other data. This serves both your interest and our interest in complying with the legal
requirements when sending newsletters (legitimate interest within the meaning of Art. 6(1)(f) GDPR). The storage in
the blacklist is indefinite. You may object to the storage if your interests outweigh our legitimate
interest.

For more details, please consult the Data Protection Regulations of Brevo at: https://www.brevo.com/de/datenschutz-uebersicht/ and https://www.brevo.com/de/legal/privacypolicy/.

Data processing

We have concluded a data processing agreement (DPA) for the use of the above-
mentioned service. This is a contract mandated by data privacy laws that guarantees that they process personal data
of our website visitors only based on our instructions and in compliance with the GDPR.