‘Shark Tank’, the world’s most popular entrepreneurial competition show, will be dipping into Egypt’s energetic startup market with a new reality show, according to an announcement on the ‘Shark Tank Egypt’ Instagram account. “The critically acclaimed and multi-Emmy Award-winning entrepreneurial-themed reality show by Sony Pictures is now taking place in Egypt,” reads the show’s social media post. This is not Egypt’s first foray into a startup competition series, having been attempted before with El-Mashrou’ (The Project) in 2013, a reality show where entrepreneurs teamed up to succeed in their startup pursuits. The show, however, never gained popularity. The Shark Tank model, on the other hand, has been franchised in 10 countries across the globe. The global reality show, which originated in the United States, also branches out to Australia, India, Mexico, Nepal, Israel, Malta, Colombia, Thailand, and Vietnam. Egypt’s spin on the show makes it the first Arab and African country to join the list. The premise of Shark Tank is based on a televised business pitch by a startup in front of a group of experienced and affluent investors called ‘sharks’. Following the entrepreneur’s pitch, the sharks debate and…
