Last Updated: November 11, 2024
This Data Protection Addendum (“DPA”) is an addendum to the Privacy Policy of Spatial Capital LLC (“we,” “our,” or “us”) and applies to the processing of personal data collected via www.spatial.capital. It is designed to ensure compliance with the General Data Protection Regulation (GDPR) for users who may reside in the European Economic Area (EEA).
1. Purpose and Scope
This DPA governs the processing of personal data collected for the purposes of newsletter distribution and funding application evaluation. We only process personal data when explicitly submitted by the user and in accordance with this DPA and applicable privacy laws.
2. Roles and Responsibilities
Spatial Capital LLC acts as the Data Controller for personal data collected via www.spatial.capital. Users retain rights over their data as detailed below.
3. Types of Personal Data Collected
The personal data we may collect includes:
Newsletter Subscriptions: Email address.
Funding Applications: Information submitted through our “Apply” button, such as company information and contact details.
4. Lawful Basis for Processing
The lawful basis for processing personal data includes:
Consent: For users subscribing to our newsletter.
Legitimate Interest: For assessing funding applications, as this data is necessary to evaluate potential opportunities.
5. Data Subject Rights
Under this DPA, individuals have the following rights:
Right to Access: Request a copy of the personal data we hold.
Right to Rectification: Request correction of inaccurate or incomplete data.
Right to Erasure: Request deletion of personal data, subject to regulatory or legal obligations.
Right to Restrict Processing: Request a temporary halt on processing activities.
Right to Data Portability: Request a copy of their data in a structured, machine-readable format.
Requests related to these rights may be submitted by contacting us at privacy@spatial.capital.
6. Data Security and Confidentiality
We employ industry-standard security measures to protect personal data against unauthorized access, disclosure, alteration, or destruction. Data is stored on secure third-party platforms protected by complex passwords.
7. Data Retention
Newsletter Data: Retained until the user unsubscribes.
Funding Application Data: Retained for as long as necessary to evaluate funding opportunities, unless a longer retention period is required by law.
8. Data Transfers
Spatial Capital LLC is based in the United States. By submitting personal data, users agree to the transfer, processing, and storage of their data in the United States, where it will be handled in accordance with this DPA.
9. Contact Information for Data Protection Requests
Users may exercise their rights or address any concerns related to data processing by contacting us at privacy@spatial.capital.
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