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After leaving two talk shows (“The Tyra Banks Show”, “The FAB Life”) behind, Tyra Banks is heading back to the small screen to give it another go — but this time in another direction.

The former supermodel turned business woman will be one of the mentors on a new show titled, Funded. According to Deadline, the show is built around an investment fund that gives entrepreneurs the opportunity to compete for $1 million cash. In addition to Banks the mentors include entrepreneur and venture capitalist Rob Dyrdek and marketing guru and investor Rohan Oza.

In each episode, Dyrdek, Banks and Oza will select from a fresh crop of startups, each choosing one to champion and mentor. These are no ordinary startups — they represent the best and most promising new companies in the world, with the potential for exponential growth and the chance of become global brands.

At the end of each episode, the start-ups and their mentors must face a Venture Capitalist in front of a live audience, and convince him their company could be the next great company if they can get the fund’s backing and that $1 million cash infusion. Only one start-up per episode can get funded, and only one mentor can claim bragging rights as the savviest visionary entrepreneur.

A premiere date for the new NBC show has not been announced, but Tyra sounds like she’s beyond excited to be a part of the cast telling Deadline, “I have spent my life encouraging people to BYOB — be your own boss. Making everyday people’s dreams come true is what I live for. Funded is the life-changing type of television power project that gets me pumped. We will enlighten and entertain audiences big time and encourage our viewers to attack their most outrageous goals with fierce determination.”

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