Marc Sparks in partnership with Lynne Sipiora launched Spark Tank. This is a unique project that awards grants to the small non-profit organizations that focus on supporting the community. Spark Tank provides the organizations with $5,000 grant. The Spark idea originated from the success of Samaritan Inn Shelter.
All the non-profit organizations in Dallas are encouraged to submit a proposal. The organizations must be a 501c3 and must have been in operation for the last two years. As part of their applications, the participants are required to submit a 10-minute case with an additional of 10 minutes to answer any questions from the panel.
The participants are evaluated based on their story and the impact that the program will have on the community. The Spark Tank panel also evaluates the organization’s ability to measure the results.
Mark Sparks developed the program to encourage success in the community. He also said that his primary motivation was to help the people to improve their presentation skills.
In Mid 2016, Spark Tank announced its second winner, the ‘Mommies in Need.’ This is an organization that provides families in need of support due to emergencies. They provide nannies to these families at no cost.
About Marc Sparks
Marc is a venture capitalist and a serial entrepreneur. He has established different companies over the years and developed them to successful businesses.
Marc didn’t attend college, however, despite his lack of advanced education, he has built a strong Company. As a venture capitalist, Marc has established different companies. He has, however, maintained a handful of companies with his Timber Creek Capital. Marc leads by example, and that is what has given him success in his different ventures.
Marc Sparks published ‘They Can’t Eat You’ to provide people with information about his business ventures. Marc has given people stories about his success but also about his failures. It is more beneficial for entrepreneurs to learn more about the mistakes than the success.
Apart from his business, Marc is also a philanthropist and supports different organizations. He has a deep passion for helping people, and he partnered with Samaritan Inn. This is an organization that provides shelter to the homeless people. The shelter caters for 160 residents for five months. At the shelter, they offer programs including counseling, job placement, financial education, family services, and health programs. He has also been involved with the Habitat for Humanity to construct different homes.
Outside of his work, Marc has developed a set of hobbies that help him to counter stress. He enjoys fishing, golf, working out, hiking, and adventurous travel. He has traveled around the world in various exotic places. Marc says he develops his business ideas from his various travels.