Economic Innovation Labs
Effective Date: September 12, 2025
Last Updated: September 12, 2025

Economic Innovation Labs (“EIL,” “we,” “our,” or “us”) respects your privacy. This Privacy Policy explains how we collect, use, and protect your personal information when you engage with our initiatives, including YES Lab, and other programs we operate.

 

1. Information We Collect

We collect only the information necessary to run our Labs and programs effectively:

• Application & Registration Data: Name, email, age range, location, parent/guardian contact (if under 18), and responses to application questions.

• Program Participation Data: Attendance, project submissions, survey responses, and dashboards (e.g., MVP completion, Stripe transactions, pitch decks).

• Technical Information: Device type, browser, limited usage data for site performance.

• Parental Consent Data: For participants under 18, we collect parent/guardian name, email, phone, and signed consent.

We do not collect sensitive identifiers like Social Security Numbers, government IDs, or precise geolocation.

 

2. How We Use Information

EIL uses this information to:

• Enroll participants into programs (like YES Lab)

• Facilitate live and asynchronous sessions via third-party platforms (Discord, Zoom, Canva, Thinkific, Stripe)

• Track and report program outcomes through dashboards and reports

• Communicate with participants and parents/guardians

• Generate de-identified data for sponsors, researchers, and impact measurement

• Improve program design and delivery

 

3. Sharing Information

We do not sell or rent personal data. Information may be shared only in the following cases:

• With Senior Researchers who facilitate Lab cohorts and require limited information.

• With Parents/Guardians (for participants under 18) to ensure safety and transparency.

• With Service Providers (e.g., Zoom, Discord, Stripe, Canva, Thinkific) who help us deliver the Lab. These providers have their own privacy policies.

• In Aggregate Form with sponsors or partners, but never in a way that identifies an individual.

 

4. Children’s Privacy (COPPA Compliance)

Economic Innovation Labs operates initiatives that serve participants as young as 13 years old. For participants under 18:

• Parent/guardian consent is required before collecting personal data.

• Parents/guardians may review, update, or request deletion of their child’s information at any time by contacting us.

• Only the minimum information necessary for program participation is collected.

 

5. Data Retention & Security

• Data is retained only as long as necessary to fulfill program participation and legal requirements.

• Data is stored securely with encryption and access controls.

• Participants and parents/guardians may request deletion or anonymization of personal data at any time.

 

6. Your Rights

Participants and parents/guardians have the right to:

• Access the information we hold

• Request corrections or updates

• Request deletion of information

• Withdraw parental consent (for under-18 participants)

Requests can be made by contacting us at 📧 privacy@economicinnovationlabs.com.

 

7. Changes to This Policy

Economic Innovation Labs may update this Privacy Policy periodically. Any changes will be posted with a new effective date.

 

8. Contact Us

If you have questions about this Privacy Policy or how your data is used, please contact us:

📧 Email: privacy@economicinnovationlabs.com
🌐 Website: www.economicinnovationlabs.com