$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
David & Adam Nascimben from Toronto, ON, pitched H2 Hockey Straps in Season 12, Episode 4, asking the Dragons for $20K for 20% of the company.
- Asked for$20K for 20%
- Valuation$100Kimplied by the ask
- OutcomeDealwith Joe Mimran and Manjit Minhas
- Final deal$20K for 25%valued at $80K
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Jim Treliving | Concerned about competition from big brands already in the market | Out |
| Michele Romanow | Offered help with website but no investment | Out |
| Joe Mimran | $20,000 for 25% equity | Accepted |
| Manjit Minhas | $20,000 for 25% equity plus help with packaging and retail placement | Accepted |
| Michael Wekerle | Joined Joe and Manjit's combined offer, $10,000 each | Accepted |
David Nascimben, 11, and his brother Adam Nascimben, 7, from Woodbridge, Ontario, asked for $20,000 for 20% of H2 Hockey Straps, a reusable Velcro strap that replaces hockey tape and can be reused up to 75 times. The straps are handmade by David with help from his mother, using $300 of David's birthday money for materials, and the brothers have sold to school friends and hockey teammates for $675 in profit after expenses. David also runs his own website for the business.
Jim Treliving went out, citing established competitors already in the hockey tape market. Michele Romanow went out but offered help with the website. Joe Mimran and Manjit Minhas each offered $20,000 for 25% equity, with Manjit Minhas also offering help with packaging and retail placement; Michael Wekerle then joined the deal, splitting the $20,000 investment three ways at $10,000 from Joe Mimran and Manjit Minhas combined with Michael Wekerle's participation for 25%. David Nascimben and Adam Nascimben accepted the joint deal.
Pitch details from CBC’s Dragons’ Den pitch page.
H2 Hockey Straps today
- StatusOut of businessLast checked September 2026
H2 Hockey Straps appears to have closed. Its products may no longer be available.