Marc Sparks runs various portfolio companies in America that mentors and provides grant support to startup entrepreneurs. He has a wealth of experience in entrepreneurial development having owned numerous companies providing services based on telecommunications, real estate, investments, and business solutions.
Marc Sparks’s Spark Tank is a social innovation in the form of a venture capitalist business based in Texas, Dallas. Early mentorship on business improves an entrepreneur’s ability to actualize his or her idea, get more customers, hire good employees, and learn tactics of attracting more investors.
According to GoodReads, Marc Sparks ’s innovation empowers and offers grants to start-up social entrepreneurs in their bid to make a successful entry into the business industry. Spark Tank’s primary objective is to provide a platform for entrepreneurs to develop and actualize good business ideas.
To receive a grant, an entrepreneur must post an application to the Spark Tank panel. The panelists choose applicants whose ideas will participate in the program. The innovation ideas presented to the panelists must be related to either animal services, arts, or human services.
Marc Sparks has employed experts from different business fields to help in the selection process. The panel consists of professionals from the fields of research, public relations, human resource management, digital and media industries, among others.
For a business idea to win a grant, an entrepreneur needs to construct a compelling presentation that captures the attention of venture capitalists. The entrepreneur should put into consideration what the venture capitalists would like to hear in designing his or her project.
Here are a few tips to guide an entrepreneur in creating an idea that will capture a venture capitalist when presenting his or her idea:
• Entrepreneur should make their points clear. They should not spend too much time discussing irrelevant details.
• Outline how they plan to be successful, using valid data. Their information should be well supported by data to capture the investors’ interest.
• Simplicity is a key to success. Entrepreneurs should not complicate their project since it can put off venture capitalists. Learn more about Marc Sparks: http://whoismarcsparks.com/
Why your startup business needs a grant from Spark Tank
Any start-up entrepreneur often reach a point where he or she require more funding to meet the goals of their companies. Without including external investors into your business idea, you may fail to attain your company’s full market potential. Subsequently, venture capitalists will offer a solution.
It is not easy to get money from the venture capitalists. You must display your brilliance in convincing financiers that your idea is outstanding. Venture capitalists are often experienced and will easily identify many possible risks associated with your good idea.
To make your business plan stand out, be sure to design a company that will be offering services that are not provided sufficiently by your competitors. While presenting the idea, show clearly how the grant will boost your business.
Rainbow34 August 10, 2016