The producers of the BBC series, Dragon’s Den are on the look-out for business aspirants who need an investment to develop their ideas
The new season is due to be filmed soon, and the Dragons including Duncan Bannatyne, Theo Paphitis and Deborah Meaden are now looking for investment opportunities.
Previous success stories in the Den include single mum, Kirsty Henshaw. In 2010 she convinced Duncan Bannatyne and Peter Jones to invest £65,000 in her healthy deserts.
Her produce is now stocked in 665 stores nationwide, and she has achieved nearly £700,000 worth of sales. 2012 will see her new product range hit the shelves, and she is in talks to launch in America.
As a deli owner, you may need an investment to help expand your shop or maybe develop your online business? Or if you are a manufacturer you maybe seeking funds for a new product idea?
The rules are simple: Entrepreneurs ask for a cash investment in return for equity in their business. They must get at least the amount they ask for or they will walk away with nothing. The Dragons are prepared to be pitched any kind of business but they must be convinced that it requires investment and will make money.
Businesses and products that have previously gained financial backing in the Den have demonstrated one or more of the following: unique selling point, scalability, clear route to market and a planned exit strategy.