Where there are a lot of reality tv shows filled with hair pulling and black eyes, there’s one that uses business acumen to pit people against each other. The Shark Tank series features a panel of “potential investors”, called “sharks”, who consider offers from “aspiring entrepreneurs” seeking investments for their business or product. The entrepreneur or “contestant” can make a deal on the show if a panel member is interested. However, if all of the panel members opt out, the contestant leave empty handed. The show is said to portray “the drama of pitch meetings and the interaction between the entrepreneurs and tycoons”.
Unfortunately there hasn’t been too many minority contestants on the show. In an effort to change this, ABC and producer Mark Burnett’s One Three Media, have announced they are looking for minority and women-owned businesses to appear on the next season. The producers are openly recruiting contestants at the Kingonomics Innovation, Entrepreneurship & Investment Conference in Washington D.C. being held on Friday, August 23.
“The Kingonomics conference… will bring together experts in innovation, entrepreneurialism, crowd funding and in investment from all over the world to train minority business owners, start-ups, investors, youth entrepreneurs and veterans on how to access capital, invest, and obtain personal and business wealth. Now thousands of minority and women entrepreneurs will have the chance to fulfill their own dreams with a chance to audition for ABC’s Shark Tank, providing an opportunity for them to gain the much needed capital for growing their businesses.”
Although there is a conference fee, there isn’t a fee to join the casting call. If you’re an aspiring entrepreneur, you may want to check it out! Click here for more information.