Philanthropies play a huge role in modern society. Charities have a way of solving problems that society did not even recognize, and even those not directly related to the charity end up better off. Learn more about Marc Sparks: http://whoismarcsparks.com/ and http://ireport.cnn.com/docs/DOC-1132595
Marc Sparks is a leading name in the entrepreneurship community. He has invested in hundreds of start-ups over the years, and he knows just how important a little funding can be for a growing company.
He is extremely passionate about watching companies growing and his private equity firm, Timber Creek Capital, is constantly investing in start-ups. Marc is proud to invest in start-ups, and he knows that this model works. Marc wanted to apply this start-up funding style to philanthropies around the world, so he launched Spark Tank. Read more: They Can’t Eat You: My Unorthodox Path To Outrageous Success and Marc Sparks’s Books and Publications Spotlight
Spark Tank is a truly innovative approach to funding philanthropies. Spark Tank requires people with philanthropic ideas to compete with one another for funding. This competition enables Marc to fund the most effective ideas. Read more: Marc Sparks – Dallas, Texas, United States, Timber Creek Capital and Marc Sparks – Profile – Disqus
The funding cycle begins in round one. During this round, everyone with an idea can submit an application. This year Spark Tank received 14 initial applications. After sorting through the first round applications, the Spark Tank team invites a group of three finalists to present their ideas in front of the judges.
Each finalist has a set amount of time to talk in front of the judges and the judges follow up with questions. This cross-examination period plays a huge role in the Spark Tank project because it allows the organization to determine which group would truly do the most for the community.
Spark Tank(http://sparktankdfw.com/) has already experienced one successful round of funding this year. Dogs Matter received $5,000 in funding. Dogs Matter is an organization that is committed to protecting dogs throughout the Dallas area.
The Spark Tank team is extremely happy about the recent round of funding, but they are not satisfied. Spark Tank plans on doing two other funding competitions this year, and they are already receiving applications for round 2.
Marc Sparks is a brilliant man, but he knows he cannot do it alone. The world needs people with great ideas to get the funding they need. With the proper insight and funding, great philanthropic ideas can become a reality. Spark Tank is Marc’s way of funding ideas that will have a true impact on society as a whole.