<h1>Legal checklist for AI awards: eligibility, IP, confidentiality, publicity consent, data protection and competition compliance for entrants</h1> A major financial daily launched an awards program recognizing AI innovations, establishing defined eligibility and evaluation procedures that present potential legal considerations for entrants. Two tracks distinguish startups (incorporated within five years and revenue below ?50 crore) from enterprises (revenue above ?50 crore). Submissions undergo a technical assessment followed by a jury review, with nominations due by a specified deadline. Participants may receive publicity and investor access; organizers provide submission guidelines and criteria. Entities should review eligibility, intellectual property, publicity consent, confidentiality, and compliance with applicable advertising, data protection and competition laws before applying.