top of page

Terms & Conditions
Conditions of Membership and
Website Terms & Conditions

Boardwave: Conditions of Acceptance of Membership


Published: 13.2.2024


These conditions of acceptance are used by our Membership Managers, following internal briefings & training when they arrived in the business. 


Boardwave was created and set up as a Membership organization, designed to provide support for European software Founders and CEOs, in building and scaling their businesses. To provide the best practices, advice, guidance, and mentoring support from other like minded members, to enable them to be more successful, more quickly, than they could alone.


Membership to the group is free. Enabling us to help all our members to gain benefit, including those who have ‘boot strapped’ a business, and are early in their development, ensuring there is no financial impediment to participate. And that they can participate alongside others with the depth of experience to be helpful to them.


We are able to do this, due to our consortium of international partners, listed at the bottom of the page. Through this approach we now have a large number of Boardwave members in Europe who receive benefits from what we do.


However, we do set a minimum entry requirement, to the group. To ensure the quality of the group, and we strive to adhere to these standards for each and every application that we receive :

Boardwave reserves the right to cancel a membership and also decline, or reject member applications at its sole discretion, and to change its rules & guidelines from time to time, as it sees fit. Accepting that no member will be rejected or declined membership due to discrimination of any nature

 Guiding Principles for all associations and membership bodies.

Part 7 of the Equality Act 2010 states that an association is any group that has at least 25 members and regulates admission using rules and a selection process.

The rules do not have to be written down and it does not matter if the association is run for profit, or if it is legally incorporated or not.

As the regulator of the Equality Act 2010, they have the power to give guidance on how associations such as political parties may best comply with the Act. These principles will support associations, including political parties, in ensuring that they protect members, prospective members, employees and agents from all forms of discrimination.

Their new principles cover:
• What constitutes unlawful discrimination?
• The importance of setting standards of behaviour and creating an inclusive culture
• The role of leadership

They hope that this document supports associations in tackling discrimination and advancing equality and human rights.

You can read the new Equality Act 2010 guiding principles for associations here.

Minimum Entry Requirements

The following business characteristics, are how we determine if a prospective member is mature enough to be offered membership:


It has to be a real business and the Founder(s) are committed to pursuing it. At the very beginning an entrepreneur might have several business “ideas” and investigate them all, doing their own research into the ideas, until they identify the one that they are passionate about and believe can be successful. 


During this early stage, they will most often have a “day job” and a career in another organization. At the very early stages, the business idea will probably be a “side hustle” outside working hours. Boardwave members need to have made the leap and be passionately committed to their ONE business, so that they can focus on it full time. For a while they might borrow money from friends & family, or spend their savings, to get things off the ground.

The business needs to have emerged from this stage of development with a number of things.

  • Comprehensive Market Research into the market for the product there are considering building, to ensure that there is a market need for the software that they are considering building. This will help them to confirm that the business is worth building, and the product will be able to solve a real pain point or business issue. They should be able to articulate the Target Addressable Market, its size and competition, in some detail

  • Business Plan. Having done some comprehensive market research, they should also build a business plan for their company, so that they can understand the levels of investment that might be needed, and the “time to market” for the solution. They will often turn to others that have done this before in guiding them on the best way to do this.

  • A product prototype, that solves a real problem, informed by the research that’s already been carried out. It doesn’t need to be the finished article, but some form of evidence that they have know-how to build product that meets a market requirement.

  • They have a website. Something that describes the business/consumer problem that the business is focussed on. Having a website, shows that owners are or will soon be ready to bring their first product to market to solve the problem that they aim to tackle. Essentially the business is at a stage where the Founder is ready to tell the world about what they are doing. The business is not in “stealth mode”. Some founders will want to keep their company a secret and not tell anyone about it, considering it to be commercially sensitive. Having a website says, the Founder has past that point and ready to start commercializing the business.

With these things in place, they are at a stage where they could now consider raising pre-seed, seed investment, or perhaps venture capital to further fund their R&D to build the product and build the business.


Evaluating Membership Applications


Nomination: This is important, as it says there is someone in Boardwave who can vouch for your business, and believes you and your business fit the minimum requirements for the group. And the nominated member has a singular focus on their business and its success. We rarely admit a member applicant without this (either direct member or partner recommendation)


Business Substance: we look for evidence on the applicants form or via desktop research to identify the company of the applicant. This will include a check on eg Companies House in the UK. A further test is to ensure it's trading and has been registered for at least 6 months. The second test is the presence of a website, that articulates the proposition and how it solves a business/consumer problem. The business is not in stealth mode.


Commitment: we are looking for Founders that are committed to their business, and it’s their full-time job and future career. Future investors will expect you to pour every ounce of effort in a targeted way into your business, it should be your singular focus. We check Linkedin to ensure that this is the case, that the applicant isn’t doing 2-3 other things at the same time or is employee in a job full or part time job for someone else.


Evidence of PoC (Proof of concept) or prototype. This is not always possible, but we like to see a demo, or video of the product in action on a website, or in PLG an early version of the product is live.


A business that has this substance can gain value from Boardwave and its members.


Prior to this the advice typically given would be:


1. Do more market research, to be sure of your opportunity.


2. Business Plan; if you are convinced by the opportunity, build an early version of your business plan, so you can see how to build a viable business that makes money and is investable. You will need to iterate this over the coming months as the business gets going.


3. Focus, make this the only thing you do. Early business ideas are fine, but once investigated pick the one you are going to pursue.


4. Start pulling together an MVP (minimum viable product) or Proof of concept or prototype. So, you know If the software you’re building is likely to solve the specific problem that you want to address, and that it’s feasible to build at a reasonable cost and timeframe


5. Build a website, when you’re ready. That clearly tells the world who you are and what your business does. What are the problems that your product solves


6. Develop your proposition, and create a compelling “pitch deck” for early customers and investors.

Website Terms & Conditions


These Website Standard Terms and Conditions written on this webpage shall manage your use of our website, Boardwave accessible at

These Terms will be applied fully and affect your use of this Website. By using this Website, you agreed to accept all terms and conditions written here. You must not use this Website if you disagree with any of these Website Standard Terms and Conditions.

Minors or people below 18 years old are not allowed to use this Website.

Intellectual Property Rights

Other than the content you own, under these Terms, Boardwave and/or its licensors own all the intellectual property rights and materials contained in this Website.

You are granted limited license only for purposes of viewing the material contained on this Website.


You are specifically restricted from all of the following:

  • publishing any Website material in any other media;

  • selling, sub-licensing and/or otherwise commercialising any Website material;

  • publicly performing and/or showing any Website material;

  • using this Website in any way that is or may be damaging to this Website;

  • using this Website in any way that impacts user access to this Website;

  • using this Website contrary to applicable laws and regulations, or in any way may cause harm to the Website, or to any person or business entity;

  • engaging in any data mining, data harvesting, data extracting or any other similar activity in relation to this Website;

  • using this Website to engage in any advertising or marketing.

Certain areas of this Website are restricted from being accessed by you and Boardwave may further restrict access by you to any areas of this Website, at any time, in absolute discretion. Any user ID and password you may have for this Website are confidential and you must maintain confidentiality as well.

Your Content

In these Website Standard Terms and Conditions, “Your Content” shall mean any audio, video text, images or other material you choose to display on this Website. By displaying Your Content, you grant Boardwave a non-exclusive, worldwide irrevocable, sub-licensable license to use, reproduce, adapt, publish, translate and distribute it in any and all media.

Your Content must be your own and must not be invading any third-party's rights. Boardwave reserves the right to remove any of Your Content from this Website at any time without notice.

No warranties

This Website is provided “as is,” with all faults, and Boardwave express no representations or warranties, of any kind related to this Website or the materials contained on this Website. Also, nothing contained on this Website shall be interpreted as advising you.

Limitation of liability

In no event shall Boardwave, nor any of its officers, directors and employees, be held liable for anything arising out of or in any way connected with your use of this Website whether such liability is under contract.  Boardwave, including its officers, directors and employees shall not be held liable for any indirect, consequential or special liability arising out of or in any way related to your use of this Website.


You hereby indemnify to the fullest extent Boardwave from and against any and/or all liabilities, costs, demands, causes of action, damages and expenses arising in any way related to your breach of any of the provisions of these Terms.


If any provision of these Terms is found to be invalid under any applicable law, such provisions shall be deleted without affecting the remaining provisions herein.

Variation of Terms

Boardwave is permitted to revise these Terms at any time as it sees fit, and by using this Website you are expected to review these Terms on a regular basis.


Boardwave is allowed to assign, transfer, and subcontract its rights and/or obligations under these Terms without any notification. However, you are not allowed to assign, transfer, or subcontract any of your rights and/or obligations under these Terms.

Entire Agreement

These Terms constitute the entire agreement between Boardwave and you in relation to your use of this Website, and supersede all prior agreements and understandings.

Governing Law & Jurisdiction

These Terms will be governed by and interpreted in accordance with British law for the resolution of any disputes.

bottom of page