Tyra Banks Is Joining a ‘Shark Tank’-Type Show for Startups

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The former America’s Next Top Model host has a new reality series on the way! 

Tyra Banks announced today (July 13, 2016) that she’s joining a new Shark Tank-like show that centers on helping worthwhile startups get the support they need; the tentative title is Funded. 

Deadline reports:

In each episode, Rob Dyrdek, Banks and Rohan Oza will select from a fresh crop of startups, each choosing one to champion and mentor. These are no ordinary startups — they represent the best and most promising new companies in the world, with the potential for exponential growth and the chance of become global brands. NBC says the companies will get game-changing expert advice from our mentors and their elite advisers, and viewers will get priceless business insight previously only known to CEOs and successful entrepreneurs.

At the end of each episode, the start-ups and their mentors must face a Venture Capitalist in front of a live audience, and convince him their company could be the next great company if they can get the fund’s backing and that $1 million cash infusion. Only one start-up per episode can get funded, and only one mentor can claim bragging rights as the savviest visionary entrepreneur.

Head on over to Deadline to read more…