Venture Capitalist Marc Sparks Announces 2nd Spark Tank Winner

DALLAS, Aug. 12, 2016 /PRNewswire/ -- Marc Sparks, along with Lynne Sipiora, introduces Spark Tank, a unique process that award grants and mentoring to small non-profit organizations that support the community. Philanthropic groups in the Dallas/ Fort Worth area can submit their proposal to Spark Tank for the chance to win an initial $5,000 grant to help fund their non-profit cause.

Marc Sparks along with the entire Spark Tank team is thrilled to announce the newest winner of the second Spark Tank grant: Mommies in Need. Mommies in Need provides qualified nannies to families who are in need of childcare support due to health emergencies but cannot afford it. Mommies in Need offers these families consistent nanny support at no-cost.

"Mommies in Need is honored to receive the 2^nd Spark Tank grant and are already putting it to use in our community. We have begun our search for a bilingual nanny and one trained in special needs childcare and are putting out the word that we now have openings to help more families in which the stay-at-home parent is going through a health crisis," Natalie Boyle, President and founder of Mommies in Need, said.

Spark Tank applicants must be a 501c3 organization that has been in operation for at least 2 years. Each non-profit is given 10 minutes to present their case live for their cause followed by an additional 10 minutes to answer questions from the Spark Tank panel. The panel then evaluates each program based on the organization's story, the immediate impact that the grant will have on their program and the ability to measure meaningful results.

"I wanted to 'spark' or foster smart, fledgling non-profits with an initial grant; however more importantly mentor leadership within these causes by helping them with presentation skills. So many great causes fail simply due to the inability to 'tell the story' and properly 'ask' for the donation," Spark Tank founder Marc Sparks said.

Being a serial entrepreneur himself, Marc Sparks developed this program to encourage social success. The idea is to positively impact the Dallas/Fort Worth community by funding grants and overseeing accountability from the non-profit management. 

Round 3 of Spark Tank applications are being accepted now with an October 1^st deadline. The three winners of the 3 rounds will compete against one another in December for the 2016 grand prize grant award! See more at: www.sparktankdfw.com. Charities that are National, a United Way charity, political action committees and faith-based initiatives are not eligible.

About Spark Tank:

Marc Sparks is a Dallas entrepreneur who owns a family office and builds companies with entrepreneurs in mind. Spark Tank is an innovative concept that asks social service executives with an entrepreneurial spirit to present their idea that will create a social success. Sparks was inspired to fund community projects after his success supporting the The Samaritan Inn homeless shelter. He assisted in transforming the homeless shelter from a small run down house to a $3,000,000 annual operation that houses and feeds over 200 people every day. Follow him on Twitter @msparks5010.

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SOURCE Marc Sparks

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http://www.sparktankdfw.com