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Tyra Banks fronting entrepreneur competition TV series

Published 14/07/2016

Tyra Banks
Tyra Banks

The former model will show off her business savvy in a new reality competition programme.

Tyra Banks is heading back to TV to star in a new reality competition series for struggling entrepreneurs.

The new mum has signed on to front Funded, a show in which bosses at start-up companies are mentored by celebrity business moguls in the hunt for a $1 million investment.

Banks will be one of the mentors, along with skateboarder-turned-entrepreneur Rob Dyrdek and marketing guru Rohan Oza. In each episode entrepreneurs make a pitch to a venture capitalist in front of a live audience, and the winner will be given the million-dollar funding.

"I have spent my life encouraging people to BYOB - be your own boss," Banks said in a statement. "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."

Banks has more than enough clout for the new job since she has been busy building a media empire over the years, and even received a non-degree certificate for completing the Owner/President Management Programme at Harvard Business School in 2012.

Funded will mark the new mum's return to the small screen after departing her U.S. talk show FabLife after just two months last year (15). She co-hosted the programme with Chrissy Teigen and others just before it was cancelled in January (16).

Last year (15) also marked the end of her long-running hosting gig on America's Next Top Model, which was cancelled by executives of U.S. network The CW. However, the show was later picked up by bosses at VH1, and pop singer Rita Ora has been chosen to step in to Banks' shoes as host and judge for the upcoming 23rd cycle.

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