KCB Lions’ Den- Application, Rules of the game, website, requirements, application deadline.

KCB Lions’ Den- Application, Rules of the game, website, requirements, application deadline.

From Dragon’s Den to Shark Tank, this globally successful business TV show is now in Kenya, branded for Africa’s most powerful predator as KCB Lions’ Den.

Aspiring entrepreneurs get to pitch their business ideas and products to a panel of Kenyan business moguls who have the cash and the know-how it takes to succeed.

Kenya’s most daring entrepreneurs will have an opportunity to step into the den to convince the Lions that their business is worth investing in and offer a share of their company in return.

The Lions have pledged millions of shillings of their own personal wealth towards investing in ground-breaking ideas through Lions’ Den, powered by KCB Bank, the largest commercial bank in East Africa.

But beware, it takes more than passion to convince these boardroom giants thKCB Lions’ Denat an idea is worth their attention, and if the entrepreneurs disappoint or anger the Lions, they will walk away with nothing.

Do not enter the den unprepared. Lions can smell opportunity just as much as fear and failure.

You think you have what it takes to get into the den?

It’s time to polish up your pitches and get ready to be part of Lions’ Den!

We welcome all participants aged 18 and over, with solid business ideas. Show the producers that you have what it takes to pitch in the Den.

To get your business on Lions’ Den, you must fill out the application.

Prospective pitchers are encouraged to apply online on https://bankika.co.ke or to pick up an application form from your local KCB branch.

Apply now for your opportunity to pitch your business to the Lions!

KCB Lions’ Den: Rules of the Game

With every game comes a rulebook. Go through each of these rules to see what makes a player worthy of being a contestant and what contestants are expected to find in the Lion’s den.

Entrepreneurs must be aged 18 and over
Entrepreneurs must fill in the application form and consent to the terms and conditions
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
Lions will be given the time they need (not exceeding 1 hour) to ask the entrepreneur further questions about the business and decide whether or not they want to invest.
Entrepreneurs must secure the full investment asked for or they leave empty handed
Visual aids are permitted for the pitch after prior inspection and approval by the production team

Lions who are not interested in investing must declare themselves out and cannot re-enter negotiations
Lions cannot confer but can enter into joint deals
Entrepreneurs can call on an advocate to help them with e.g. financial or marketing issues
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.
Entrepreneurs can refuse offers
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.

Application ends on Jul 24th.