Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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Mike Hartwick and Sarah Ponn were getting worried. Their company, Surfset--which makes training surfboards that mimic the movement of the ocean--was starting to take off, and they had more orders than they could handle. They tried to get a bank loan, but that didn't work out. So Hartwick and Ponn decided to audition for ABC's Shark Tank, where entrepreneurs pitch their businesses to a panel of mega-successful "sharks," hoping one or more will invest their (real) money in exchange for a stake in contestants' companies. They came in offering 10% of Surfset for $150,000.

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