Marc Sparks Essay

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Marc Sparks New Marketing Program Unveiled
A new innovative concept called Spark Tank, created by Marc Sparks and his wife Lynne Sparks challenges social service executives with an entrepreneurial spirit to offer practical ideas that will create and promote social success. The idea originated from Lynne, who convinced Mark of the need to prop up social service entrepreneurs to create social change. According to the website, SparktankDFW.com, interested applicants can apply online by July 15, 2016. All applications will be reviewed by a panel to pick 3 finalists. The applicants must be a 501c3 organization that has been in business for the last two years or more. Some of the eligible organization includes human and animal services, together …show more content…

According to Wikipedia, Sparks maintains a portfolio of companies and is currently involved in the telecommunications industry. His ventures in the telecoms industry include; Cardinal Telecom, Blue Jay Wireless and Splash Media. Marc is also the head of Timber Creek Capital, a privately held equity firm. The company specializes in turning the dreams of passionate entrepreneurs into reality. Timber Creek Capital offers capital accounting, office space, web development, office space, merchant banking, legal and intellectual capital.

Start up money is always a challenge to many start ups and this is where venture capitalists come in to offer assistance. According to Frendiode.Newsvine.com, Mark Sparks list of things venture capitalists often look for before approving funds includes; the viability of the project, availability of support data, financial plan. The viability of the project is informed by its proprietary potential as well as its uniqueness. Venture capitalists often want to see return on investment and a product or service that stands out from the fold. In terms of data, venture capitalists want to see sales data that shows proof of demand. Finally, venture capitalists want to know their money will be spent to advance to advance the business

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