Simon Cowell plans X Factor for entrepreneurs
King of talent show TV Simon Cowell is reported to be planning a new game show that will rival the BBC’s Dragon’s Den.
The former X Factor judge, who is reported to have a net worth of nearly $400 million, will give aspiring business men and women the opportunity to pitch their own business plans to a live studio audience who will decide whether their ideas are worthy of investment.
A source close to Simon told The Sun: "This is a big new idea that one of Simon's young team dreamed up in the US.
"How often have you watched Dragons' Den and disagreed with the Dragons?
The show will see contestants given two minutes to pitch their ideas to a panel of benefactors who will interrogate participants about their proposals. It is then sown to the audience to decide how much investment pitches deserve, if anything at all.
"This way the power won't lie with the business bigwigs but with the audience at home.
"After all, they are the people who will hopefully be buying whatever it is these entrepreneurs come up with - the show would do the market research."
The show will be made by Cowell’s production company Syco and will be offered to a number of channels including ITV.
