Reality TV programme for start-ups begins in November


Shark Tank, a new reality television programme for start-ups will begin on November 4 at VTV3 of Vietnamese Television.

 

Shark Tank will start in Viet Nam from November. — VNS Photo

Shark Tank, a new reality television programme for start-ups will begin on November 4 at VTV3 of Vietnamese Television.

The first of its kind in Viet Nam, Shark Tank aims to connect investors to start-ups that are young and creative.

The programme will be broadcast every Saturday and will end on February 17 next year.

Start-ups will show their projects to a board of investors composed of leaders from big companies like Sunhouse, SAM Holdings, VinaCapital and CEN Group. Start-ups will try to convince the investors to offer them funds.

In each episode, there will be three or four start-ups delivering their projects and then negotiating with an investor board about capital. The board of investors will then make a decision.

The participating start-ups will come from many fields: technology, food, agriculture, health-care, education, fashion and service.

Shark Tank, a famous programme from Sony Pictures, has two versions, Shark Tank and Dragons’ Den.

Starting in Japan in 2001, the programme has appeared in 35 nations and territories and has attracted 300 million views.

In the US, the programme receives an average of 250,000 registrations every season, with 48 per cent of the start-ups successfully winning funds from the investors. — VNS

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