A groundbreaking competition for Cuban entrepreneurs, known as Factor E, is on the verge of launching on the island, as announced by its organizers on social media. Touted as Cuba's inaugural talent show for entrepreneurs, this initiative will not only test business ventures but also the personal skills and capabilities of its participants.
The promotional posts shared via the Instagram account @factorecuba boldly declare, "from this point on... nothing will be the same," indicating that contestants are "at the starting line," ready to face challenges that will assess their business acumen and self-awareness.
Factor E is an original concept by Ylo Mystar and is produced by Julito Billboard and Cartel Studio Cuba. It also receives support from various initiatives, including Nos Fuimos Eventos, Madwoman Agency, Mandao, Mercatoria Cuba, Gestión Confiassrl, and Quintamolino Cuba.
The show's format is reminiscent of the popular American program Shark Tank, which debuted in 2009 on the ABC network. This widely acclaimed show has set the standard for entrepreneurial programs, featuring contestants who pitch their projects to investors, known as "sharks," who then decide whether to invest.
In Cuba's version, the organizers have released a brief promotional video and a YouTube link to the competition's teaser. However, they have yet to disclose the exact start date or full format of the competition.
Insight into Cuba's First Entrepreneurial Talent Show
What is Factor E?
Factor E is Cuba's first talent show dedicated to entrepreneurs, designed to evaluate both their business projects and personal skills.
Who are the creators behind Factor E?
Factor E was conceived by Ylo Mystar, with production by Julito Billboard and Cartel Studio Cuba, alongside several collaborating initiatives.
Is Factor E similar to any existing shows?
Yes, Factor E is similar in format to the American show Shark Tank, where entrepreneurs present their ideas to potential investors.