KUSA - Colorado entrepreneurs with bright ideas but very little cash are getting a chance to impress a panel of angel investors in Denver.
This opportunity is modeled after TV's hit-show Shark Tank, but without the cut-throat competition. In fact, it is downright friendly. Sponsored by Darrin Ginsberg and group of Southern California investors, The Guppy Tank bills itself as more of a funding opportunity, rather than a competition among entrepreneurs vying for cold, hard cash.
In fact, Darrin Ginsberg, founder of The Guppy Tank, views the unusual funding model as a way of "jump starting the economy and spur the growth of local businesses." The Guppy Tank, which is slated to provide up to $500,000 in equity investments and loans to as many as 10 Denver-area entrepreneurs on September 12 at Galvanize http://galvanize.it, a co-working space for independent firms.
The Guppy Tank is searching for businesses that have been operating for at least a year and employ less than 75 people. Entrepreneurs must also have a clear-cut plan detailing how they plan to use potential funds and how those funds will advance their businesses.
Denver's Guppy Tank will mark the first time Super G Funding has held an event outside California. The Denver event will also be open to the public, who will get to see eager entrepreneurs make their case for funding. In addition to much-needed capital, business owners who win funding, will also have the opportunity to work with the "Guppies' to guidance on how to best grow their businesses.
Find out more about The Guppy Tank here: http://www.theguppytank.com.
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