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The KCB Lions’ Den TV show has attracted 63 entrepreneurs seeking growth opportunities for their businesses.
The weekly show, which will air on KTN every Tuesday at 8pm will offer the offers business-owners opportunity to get funding for the businesses.
Competing entrepreneurs will be expected to pitch their ideas and negotiate for the capital they need to catapult to take their enterprises to the next level in exchange for a stake in their business.
The financing will come from one or more of the five Lions—renowned Kenyan business gurus who are part of the panel who will be evaluating the ideas.
KCB Director of Marketing and Communications Angela Mwirigi said of the second season: “We are promising viewers a high quality show with much more expectation than the first season because applicants had time to learn from Season One. We can tell from the quality of applications that the standards have changed so much for the better and we certainly have great applications that will without a doubt engage the Lions and the audience intensely.”
The Show received an at least 5,000 applications. After the rigorous vetting process, 63 successful contestants were chosen to face the Lions. Of the successful applicants, 32 per cent of them were women and 68 per cent were men with businesses cutting across agriculture, design, education, energy, ICT, health, publishing, food & beverages, manufacturing, environment, entertainment and service. At least 12 counties were represented.
The KCB Lion’s Den mainly seeks entrepreneurs looking for financial, social and intellectual capital for their new and innovative businesses in the country.