Apply To Be Part Of The Kcb Lion’s Den Entrepreneurship Reality Show

I have been an entrepreneur for a long time, and just like my fellow entrepreneurs would agree with me, it wasn’t and still challenging coming up with a pitch that would wow an investor at the first instance. It would take a lot of polishing and practice to finally come up with a pitch someone would be interested to listen to.

As a result of this, several startups have missed on the opportunity of attracting funding into their ventures.

A good number of us have either watched or heard of the show Shark Tank where budding entrepreneurs get the chance to bring their dreams to fruition by pitching to convince any one of the sharks to invest money in their idea.

Some of us have always looked forward to having a local version of the same as the vibrant entrepreneurial environment in Kenya keeps growing daily.

Just like Shark Tank, Kenya Commercial Bank (KCB) has entered a partnership deal with the Nation Media Group to launch an entrepreneurs’ focused reality show called The Lion’s Den.

The show which will start early September this year is part of the Ksh 50 billion 2jiajiri initiative that is targeting around 500,000 startups in a period of 5 years.

The show will give local entrepreneurs a chance to showcase and pitch their ideas to local entrepreneurs, venture capitalists, among other players in the investment space. And all these players will be investing their own money in the successful ventures.

Entrepreneurs aged 18 and over, with solid business ideas are welcome to apply either online or to pick up an application form from any local KCB branch.

Quick Facts About The Game

  • Entrepreneurs must be aged 18 and above
  • Lions will invest their own money
  • Entrepreneurs will have three uninterrupted minutes to pitch their idea
  • Entrepreneurs must state how much investment they are looking for and what percentage of equity in their business they will offer the Lions in return
  • Entrepreneurs must have the authority, if shares/joint ownership and a partner not present, to negotiate on equity
  • Entrepreneurs cannot bring crib sheets, prompts re financial questions but can bring proof of e.g. patents and granted order.
  • Lions must not contact contributors directly afterwards if they have turned them down in the Den.
  • Deals struck during the program are between the respective Lions and entrepreneurs and subject to contract. NTV, QBF and KCB Bank are not a party to such deals.

To apply go to https://bankika.co.ke/lionsden/apply/ by 24th July 2016 and you might just impress the hungry lions.

NOTE: Application For Season 3 is ongoing.

Read: KCB Lions’ Den Season One Review

Comments

comments

About the Author

Sharon Adisa
Sharon is a writer and editor who strives to continually further both the depth and breadth of her skills as a writer so as to contribute superior work and deliver client and customer satisfaction.

17 Comments on "Apply To Be Part Of The Kcb Lion’s Den Entrepreneurship Reality Show"

  1. Leonard kamau | October 25, 2016 at 8:27 pm |

    Hi I would like to be part of this

    • Hi Leonard, the show has already kicked off. Go to the KCB Bankika page to find out how to apply for the next season.

  2. lumber Simeon angira | November 10, 2016 at 12:05 pm |

    I applied for the 1st session and no response or you didn’t receive my application?

    • Hi, it means your application wasn’t successful. You can still try your luck in season two which will happen next year.

  3. Kindly can you help me with the next application process and information.thanks

  4. hey when is the application of 2017 starting

  5. wayne kellian | February 14, 2017 at 12:21 am |

    Hi. When is Season Two starting

  6. Lizzybethlizzy | March 23, 2017 at 8:16 am |

    Your comment (*)i really like 2 be part of it

  7. Your comment (*)Hi is this including personal project for investment but not yet prove

  8. Hii my. Projects. Ni KUENDELEZA BIZZ. YANGU..YA.ELECTRICAL..SHOP.HAPA..NAROK..INA..LIPA..SANA

  9. norman atunga | May 27, 2017 at 8:08 pm |

    i will like part of kcb lion den season 2.bankika is the best account.

  10. i wish to be part of kcb lion den

  11. amollo jacob | March 8, 2018 at 12:50 pm |

    you are doing a great job. congrats

Comments are closed.