Shark Tank heads to Tuesday nights on Ten

Australia’s business superstars are back and they are ready to invest, as TEN’s critically-acclaimed hit family entertainment show Shark Tank when it returns later this month 

Hosted by Studio 10’s Sarah Harris, Shark Tank brings together five of the country’s most powerful business leaders, who are ready to put their own cash on the line and turn the next big idea into a profitable venture.

Australia’s Sharks are internet pioneer Steve Baxter, Boost Juice entrepreneur Janine Allis, international businessman Andrew Banks, RedBalloon experience founder Naomi Simson and Dr Glen Richards, founder of Australia’s largest pet-care company Greencross.

The inventions and ideas floated in the Tank this year range from the wacky to the wonderful. They include the world’s first portable outdoor gym, an app that help cancer patients, a vegetarian seasoning with the flavour of bacon and a device that could save the Great Barrier Reef. In a record-breaking Shark Tank first, one entrepreneur will secure a massive $2.5 million from one of the Sharks, marking the biggest investment in local Shark Tank history.   

Worth more than $1 billion collectively, the five Sharks are ready to judge the products and concepts pitched to them by ordinary Australians. Smart, shrewd and unapologetically direct, Steve, Janine, Andrew, Naomi and Glen will decide whether they are willing to put their own dollars on the line to invest in these products and ideas. 

 

Network Ten Executive Producer, Paul Leadon, said: “Shark Tank’s new season has really hit its straps. We have a seamless production and an even more diverse range of entrepreneurs and products. But most importantly, our Sharks have come to play. They are taking no prisoners, with the entrepreneurs or each other.”

 

The Sharks have invested over $9 million of their own money since series one. While they are happy to take the bait for brilliant ideas, the pitches that are less than impressive will be torn to shreds.

Shark Tank Season Three Premieres Tuesday, 20 June At 8.30pm. Only On Ten