Entrepreneurs: ready your pitches. Facebook’s renewed interest in video has led it to create an entirely new channel on it’s mammoth social platform, it needs new shows, and a Shark Tank-style business show is the newest. Hootsuite CEO Ryan Holmes will host the new Shark Tank-style entrepreneurial-focused Facebook Watch show, which is titled ‘LOI: Live Pitch’ in reference to Ryan’s mentorship non-profit, League of Innovators.

How You Can Get in On It

The casting premiere kicks off September 5th. Entrepreneurs aged 18 – 25 are invited to pitch their business ideas on Facebook Live — they’ll have just 200 characters to capture the attention of Ryan and a celebrity guest. If you make it through the live pitch session, you’ll be featured on an episode of the Facebook Watch show, and will have a shot at making it to the final round of competition. The winner’s prize? $10,000 towards getting their award-winning entrepeneural plan up and running, along with mentorship directly from Ryan himself. Here’s how Ryan explains it in — of course — a Facebook Live video: 

Ryan’s guest host for the premiere September 5 Facebook Live session will be the best-selling author, entrepreneur and former pro athlete Lewis Howes. Start preparing your pitches now. Next week, Shark Tank goes social. Posted by LOI: Live Pitch on Monday, August 28, 2017 Read more on the latest video news here at TechCo