1. LFF Shark Tank Kick-Off

2. Shark Tank Intro

3. Shark Tank Ideas … Snap Bracelets
Snap clips: Slap bracelet for barbells

4. Shark Tank Ideas … Scotch-Brite Sponge Scrub Daddy Sponge
Tough scrubbing – dark blue
Light cleaning – light blue
Scrub Daddy Sponge
firm in cold water (tough scrubbing)
soft in warm water (light cleaning)

5. Shark Tank Ideas …
Hair brush + plush toy
Hair brush

6. How to support your child
DO’S:
Be supportive of your child: the goal is for the kids to have fun
Provide guidance but don’t force or pressure them
Emphasize and reward effort rather than results
Drive them to the workshops & one-on-one sessions
DON’TS:
Care too much about how your kid performs. Instead, ask questions such as “Did you have fun?”, “Are you finished?”, “What did you like about that activity?”
Do your child’s work. This event is for the kids. If there is enough interest, we can add a Parent category for next year’s Shark Tank event.

7. Shark Tank Goals Promote entrepreneurship in the community
Help students develop their critical thinking skills
Encourage students develop their public speaking and presentation skills

8. Types of Businesses Product business: An item that you are selling
Service business: You are selling your services
You may submit an idea for a product or a service business.

9. Baxter Innovation Lab (College of Lake County)
For product based groups, LFF has reserved the Baxter Innovation Lab for 4 sessions.
List of equipment available:
Lasers
CNC Mills & routers
Mitre, chop, circular saws
Drill Press
Table Router
3D printer & scanner
Soldering equipment
Printer/Cutter
All users will need to take the basic safety orientation training. Various equipment requires training & certification prior to use.
Each group is responsible for their own material costs.
Each groups will need a parent chaperone during lab sessions.

10. Shark Tank Rules You can only submit 1 idea. A group can consist of:
a. 1 person
b. multiple people in the same grade (no maximum group size)
c. multiple people from different grades (no maximum group size)
You must attend all workshops and all one-on-one sessions.
Approved groups will be notified on Thursday, Dec 13. All participants need to register on RevTrack by Tuesday, Dec 18 or lose their spot. Please let us know asap if you will not be registering.
If there are any openings, we will notify alternate groups on Wed, Dec 19.

11. Important Dates Group Idea Submissions Due Tues, Nov 27, 2018
Shark Tank Event Approval Notification
Thurs, Dec 13, 2018
Workshop 1
Speaker/Topic:
Mentor Office Hours:
Sat, Jan 12, 2019, 2 – 4 pm
Building a Prototype/Business 101
Mon, Jan 14 – Fri, Feb 1, 2019
Workshop 2
Sun, Feb 3, 2019, 12 – 4 pm (Safety Orientation)
Sun, Feb 10, 17, 24, 2019, 12 – 4 pm (Lab sessions)
College of Lake County/Baxter Innovation Lab
Mon, Feb 4 – Fri, Mar 1, 2019
Workshop 3
Sat, Mar 9, 2019, 2 – 4 pm
Advertising and Presentation Skills
Mon, Mar 4– Thurs, Apr
Shark Tank Finalist Submission
Mon, Mar 18 – Fri, Apr 5, 2019
Shark Tank Finalist Notification
Mon, Apr 15, 2019
Shark Tank Event
Sat, May 4, 2019, 2 – 4 pm

12. Shark Tank Final Event Details
Where: Daniel Wright
When: Sat, 4th May 2019, 2 – 4 pm
40 groups will be notified on Thurs, Dec 13, 2018 if they qualify for the Shark Tank event. All groups are eligible to present their product at a booth.
Out of this group of 40, select finalists will be chosen to pitch their business idea to a panel judges at the event.

13. Shark Tank Proposal Submission
Members on the Team: 1 submission per person
Team Name
Ideas for Proposal
Purpose of Invention
How it Works 
Possible Names for Invention 
Marketing Plan: To whom are you selling? What are you selling? How are you different from the competition? How will you reach your audience?
Business Plan: How much does it cost to make your product? How much will you charge for your product?

14. Tips from the Sharks

15. Next steps: Volunteers needed to run this event – please sign up.
We will have a Science Technology Engineering Art Math (STEAM) conference on Wed, Feb 13, 2019, 6:30 – 8:30 pm. Please contact us if you have a workshop idea or can help.
Shark Tank submissions due Tues, Nov 27, 2018
Questions? Please