MNET is looking for entrepreneurs with the next ‘Big idea’ to come and pitch for investment on the first South African Season of – Shark Tank South Africa.
Shark Tank is an American reality television series that premiered August 9, 2009, on ABC. The show is a franchise of the international format Dragons’ Den, which originated in Japan in 2001. Shark Tank shows aspiring entrepreneurs-contestants who make business presentations to a panel of “shark” investors, who then choose whether or not to invest.
The show is currently in its seventh season, and has been a ratings success in its timeslot. It has also won the Primetime Emmy Award for Outstanding Structured Reality Program twice. On March 3, 2016, ABC renewed the series for an eighth season.
In 2016, Shark Tank is coming to South Africa and local entrepreneurs are invited to participate by applying to be participants. The show will be broadcast on M-Net in October and will be filmed in August.
Succesful participants will have an opportunity to pitch their businesses for 3 minutes to investors. As part of the pitch entrepreneurs will brief the investors on how much money they are seeking, and how much of their company equity they are willing to hand over to the investors (sharks).
For more information interested one’s can visit www.facebook.com/mnetsharktank and entries are available online at www.mnet.tv/sharktank