Scope
This policy applies to all purchases of the Black Founders Studio Incubator Programme, referred to in this policy as “the Programme”, for every cohort.
In this policy:
- “You” means the person who enrols.
- “We” or “us” means Black Founders Studio CIC.
- “Your purchase date” means the date you complete payment or arrange a payment plan.
- “Your cohort start date” means the start date of the cohort you enrol on, as stated at the time of purchase.
Your 14-day cooling-off right
Because you buy online, under the Consumer Contracts Regulations 2013 you have the right to cancel within 14 days of your purchase date and receive a refund of the Programme fee, subject to the deductions in sections 4 and 5.
To cancel, email info@blackfoundersstudio.com within the 14-day period. See section 7 for the information to include.
Your 14-day cooling-off period begins on your purchase date.
After the cooling-off period
Once the 14-day cooling-off period has ended, the Programme fee is non-refundable.
The Vendor & Manufacturer Directory
The Vendor & Manufacturer Directory is a digital resource included with the Programme and made available to every enrolled member in the BFS community on Circle immediately upon enrolment. It has a stated value of £150.
Included digital resource
The Directory is included with your enrolment and made available immediately through the BFS community on Circle.
Because the Directory is digital content supplied to you straight away, you will be asked to tick a box at checkout acknowledging:
- That the Directory is included with the Programme and made available to you immediately.
- That you consent to receiving it before the end of your 14-day cooling-off period.
- That you understand you lose the right to a refund in respect of the Directory once it has been made available.
If you cancel the Programme within your 14-day cooling-off period, £150 will be deducted from your refund of the Programme fee. This reflects the stated value of the digital content already supplied to you.
Starting the Programme during your cooling-off period
If your cohort begins within your 14-day cooling-off period and you ask us to start providing the Programme before that period ends, you expressly consent to this.
If you then cancel within the cooling-off period, we will refund the Programme fee after deducting:
- A proportionate amount for the Programme sessions and services already provided.
- The £150 stated value of the Vendor & Manufacturer Directory where it has been made available to you.
Payment plans
If you paid through a payment plan, such as Klarna, Clearpay or PayPal, any refund due will be processed back through the same payment method.
Your agreement with the payment provider remains subject to that provider’s terms until the refund has been settled.
How to cancel
Email info@blackfoundersstudio.com stating:
- Your full name.
- Your order or payment reference.
- That you wish to cancel your purchase.
You may use the model wording below:
To Black Founders Studio CIC: I hereby give notice that I cancel my purchase of the BFS Incubator Programme.
We will confirm receipt and process any refund due without undue delay, and within 14 days of cancellation.
Cancellations or changes by us
If we cancel or reschedule a cohort, you will be offered either:
- A transfer to another cohort.
- A full refund of the Programme fee.
Non-attendance and non-completion
After the cooling-off period, we cannot refund the Programme fee for non-attendance, partial attendance or failure to complete the Programme.
Changes to this policy
We may update this policy from time to time. The version in force on your purchase date is the version that applies to you.
This is Version 1.0 of the policy, effective from 15 July 2026.
Contact Black Founders Studio.
Contact us if you need help understanding how this policy applies to your enrolment, cancellation or refund.