Idea, meet money – Start a local Dragons’ Den?

March 12, 2008

It was brought to my attention yesterday that the BBC has an ongoing reality show called the Dragons’ Den. It’s a series where entrepreneurs pitch their ideas to secure investment finance from the Dragons — five elite business experts who are ready to pitch-in with their own money.

How about the Malaysian government, via the Ministry of Entrepreneurial and Cooperative Development (MeCD), start a television program with the same idea? To gather a larger crowd, some of the segments can be recorded in front of a live audience, to build up an initial critical mass of viewers. It’s not the same financial league as other game shows, but I would suggest that the number of successful ideas turned into SMIs is more important than having a smaller amount of winners with larger investments in each.