M-Net, channel 101 on DStv, and Telkom SA will soon be shining the spotlight on entrepreneurs with a local version of the Emmy award-winning US reality show ‘Shark Tank’.
While Shark Tank South Africa will be broadcast on Sunday nights from October 2016, all budding business people who want to step into the Shark Tank to garner some financial boosting for their bright ideas, have to pitch their plans before Sunday, 24 July.
In Shark Tank South Africa, entrepreneurs go up in front of a panel of esteemed South African business moguls, known as the “Sharks”, who are willing to invest their own money and time in deserving and potentially lucrative business ideas. The trick is in convincing these highly critical and experienced Sharks that it will be worth their while to bankroll your business, product or invention.
So, how do you get into the Shark Tank?
All you have to do is visit www.mnet.tv/sharktank and submit a 60-second video with a concise version of your business pitch to the Sharks. The video can be filmed on a camera or on your phone and doesn’t have to be of high production quality. It’s all about giving a short elevator-type of pitch that will illustrate that you really mean business.
Successful candidates will be notified by Thursday, 4 August. You have to be a South African citizen or resident, and must be over the age of 18 to enter.
The names of the Sharks will be announced in due course. Shark Tank is based on the format created by Nippon TV in Japan and distributed around the world by SPT. The series is produced for M-Net by Rapid Blue.