Get Shark Tank Initial Application Packet

Completing the Shark Tank Initial Application Packet is the first step towards presenting your business idea to potential investors. This guide provides a clear, step-by-step approach to help you fill out the form online with confidence.

Follow the steps to successfully complete your application.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Fill in the applicant name field with your full name. If you are applying as part of a team, ensure to include the names of your collaborators in the designated section.
3. Provide the business name, along with the website URL, if available. This information helps the casting department understand your business identity.
4. Enter your street address, city, state, and zip code accurately. This information is essential for verification purposes.
5. Complete the contact information section, including phone numbers for home, cell, work, and fax, as well as your email address.
6. Indicate your birth date and gender appropriately, and specify your legal residency in the United States.
7. Provide detailed information about your occupation or place of employment and the educational institutions you attended, including degrees and years completed.
8. In the business description section, describe your product or service in detail. Explain its purpose and any unique aspects that differentiate it from competitors.
9. Clearly outline the investment amount you are seeking and the percentage of equity you are willing to give in exchange. It is vital to be realistic and prepared for potential questioning about this.
10. Indicate what the investment funds will be allocated towards in your business. This shows potential investors your strategic planning.
11. Select the stage your company is currently in from the options provided. This helps to categorize your application.
12. Provide a summary of how much money you have invested in your business, and specify its uses within the outlined time frame.
13. State the gross and net income of your business for the previous year and include your sales projections for the current and next calendar years.
14. Indicate whether you have ever attempted to raise money from outside sources, and provide details if applicable.
15. Answer all questions honestly regarding any physical conditions or legal issues. Transparency is crucial in the application process.
16. Carefully review and initial the Audition Release, Submitted Materials Release, and any necessary Intellectual Property Release, ensuring all sections are complete.
17. Before submitting, double-check all provided information for accuracy.
18. Once satisfied, save your changes, and then you may choose to download, print, or share the completed form for your records.

Take the next step towards your entrepreneurial dreams by filling out the Shark Tank Initial Application Packet online today.