Entrepreneur Application

SPARK North Texas is a project created by Champion Impact Capital in connection with a grant from the US Economic Development Administration’s Office of Innovation and Entrepreneurship. This technology platform’s purpose is to be a forum for investors and entrepreneurs to collaborate on initiatives to help the North Texas region recover from the pandemic. The system has been designed to be an educational tool only, presenting a variety of capitalization structures that may be considered by funders and entrepreneurs or project sponsors. Neither SPARK North Texas, nor any of its affiliates, make representation or warranty as to the viability of any capitalization strategy for a specific project and are not responsible for the success or failure of the entrepreneur to achieve any funding for their project. 

Additionally, projects “matched” to an investor based on inputs made by investors and entrepreneurs are in no way to be considered endorsements or recommendations for investment. This system is merely a platform for engagement and should not be construed to be providing investment advice. Champion Impact Capital and its affiliates make no representations or warranties, expressed or implied, as to the adequacy or accuracy of the information contained in this system and nothing herein is or shall be relied upon as a promise or representation or warranty whether as to past or future events. Prospective investors are not to construe the contents of this system or any other communication from SPARK North Texas or its affiliates as providing assurances, whether expressed or implied, that the investment objectives desired by Investors will be realized or that any benefits or advantages to prospective investors of an investment in the projects herein suggested, implied or advocated in this system will be available or accomplished. All information contained herein has been input by third parties. In all cases, investors and donors must conduct their own examination of the materials herein and base their decisions upon their own expertise, criteria, or analysis. 
Additional Terms



Provide the title of your project that will make it stand apart from the others.

Provide a short description of your project in one sentence.
While you and/or your business/project do not have to be located in North Texas, the proposed solution must positively impact the pandemic recovery of the North Texas region. Which of the following does your solution address? (select all that apply):
The Executive Summary will be read independent of your larger proposal. This statement should clearly explain your project without further information. Write an overview of your project that answers the following questions:
What is the pandemic-related problem you are trying to solve for North Texas?How does your technology solve it?What outcomes do you expect to achieve that will help the region recover?

Please provide links to Linkedin profiles for top three principals (bios)


Page 3




Which of these returns do you or will you generate? Please weight them in importance so that they total 100%. If a selection is not relevant to you, use 0%.
Percent %
Financial, but not profit-maximizing
Financial, profit-maximizing
Social (returns to specific populations or society overall)
How is your business funded today (or how do you expect your business to be funded)?
Rank the following stakeholders in order of importance to your project/business (with one being most important):
Rank Order (1-5)
Investors/equity partners/Shareholders
Customers who buy your product/service
Beneficiary stakeholders who do not purchase anything
Your local community
Humanity as a whole

Page 4



Page 5


Budget: Please provide a high-level summary of how you will use the funds you are seeking.
Budget Item Amount
Item 1
Item 2
Item 3
Item 4
Item 5
Item 6
Item 7
Item 8
Item 9
Item 10

Please upload the following documents, where applicable. The file name should make it clear which document it is. Click "Add another document" at the bottom right of this section to upload additional items. 

  1. Organizational document (Articles of Incorporation/Organization)
  2. Three years' (audited preferred) financial statements (if entity is less than three years old, please provide all available)
  3. If a nonprofit, three years 990s (or all available)
  4. If technology has been patented, please provide evidence of such
  5. List of entity shareholders/unitholders and officers
  6. List of major funders
  7. Current year corporate/project budget
  8. Resumes of all founders and officers
  9. If nonprofit, IRS Letter of Determination
  10. If for profit, certificate of good standing

Please upload a copy of your drivers' license for a mandatory background check.