With his newest endeavor, Spark Tank, Marc Sparks has made the decision to create a fund which empowers social entrepreneurs to do things which change the world. The company does so by offering $5000 grants to entrepreneurs whom are doing things which plan to change the world.
The venture capital group has already chosen a few nonprofits to move on to the next stage. These include: a transitional living home for boys, a homeless nonprofit, and a foster care nonprofit which is aimed at abused pets. These are simple concepts which can have a lot of potential for impact upon the community.
This is in addition to a number of other enterprises and his success as an author. Primarily, though, he is a venture capitalist whom is looking to help small businesses grow. This is an area with which Marc has been very successful.
Marc Sparks offers advice to those whom are seeking venture capital from investors. First, venture capitalists are looking to see that the business has a unique offering which fills a need in the market. Venture capitalists like to see that there is positive sales data, and this can only benefit the company in the long run.
A clear strategy is there to ensure that the money will be spent well. Finally, a good presentation will be able to prove that the company is trying to make to investors. This is the ultimate goal – investors are looking for a good impression made by the presentation that they view. A good visual, as well as a good story behind the data and a simple format makes for a good presentation.
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