º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Economic Development

Lord Sugar is on the lookout for his next Apprentice - but is applying more worthwhile than Dragons Den?

Here's how to apply - and if you've got a better chance on the show than its BBC1 rival Dragons Den

Karren Brady, Lord Sugar and Claude Littner(Image: PA)

With BBC1's current Apprentice series now past the halfway point, Lord Sugar is already on the lookout for his next batch of budding entrepreneurs to take part in series 16.

Applications are now open to be in with a chance of becoming his next business partner along with a £250,000 investment - and the BBC says it welcomes applications "from everyone".

And as applications open, it's been revealed that between The Apprentice and Dragons Den, there is a gulf in success rates for businesses when it comes to choosing which show to enter.

Business plan experts Teneric have analysed data from 247 firms that featured on both shows in the last 13 years, to create revealing which was most worth it for start-ups in the long run, and which creates the most failures.

The Dragons

 

Here are the five most significant findings from the study:

1. Lord Sugar's investments in Apprentice businesses have found a 100% success rate, with around a third of Dragons Den candidates forced back into employment.

2. The Apprentice's businesses have a total net worth value of £8.3m, an average of over £920,000 each. While Dragons Den made more money from their investments - £11.9m - those firms' net values stand at £50,000 each.

3. Lord Sugar has spent £2.25m of his own money in investing in the apprentices, while the dragons have paid out £11.3m.

This year's Apprentice candidates

 

4. Not winning the show could actually make you successful, with Susan Ma and her firm Tropic Skincare, a 2011 third placer on The Apprentice, having the highest net worth of all the show's previous candidates.