M-Net’s startup pitching show gets prominent ‘shark’

Upcoming pitching TV show Shark Tank South Africa, has named Co-CEO and co-founder of The Creative Council Gil Oved as one of it’s ‘Sharks’.

The show will feature entrepreneurs pitching their business ideas to a panel of well-known judges for funding. If more than one Shark decides to invest in an idea, the contestant will need to decide who they’re going with.

“On Shark Tank South Africa, I am keen on investing in companies with unique — and local — IP. I am interested in products, services, technology and brands that need channel marketing, branding, distribution, mentorship, guidance and access to capital,” writes Oved in a press release to Ventureburn.

“I want to see hunger and passion and exciting entrepreneurs focused on innovating and making a difference. Respect the opportunity to present on the show, know your numbers, take the time to package your business case.”

Oved is also a board member of the VC tech fund, Grotech.

“He is a well-loved and energetic serial entrepreneur who has proven that he is passionate about supporting disruptive thinkers with well-thought-out visions. Gil is a smart hustler who knows how to boost businesses in just the right way,” writes head of publicity at M-Net Lani Lombar.

Entrepreneurs wanting to enter have until 31 July to do so and may enter more than one business pitch. Potential contestants will need to submit a 60-second video per pitch.

More information and entries can be found on the M-Net website.

Shark Tank South Africa will air on 2 October on the M-Net channel.

Feature image: Ryan Espanto via Flickr.