A Star-Studded Panel for a C. Pitch Contest

Nicki Minaj has been selected to serve as a judge in the Million-Dollar Pitch Competition, a small business contest tied to the Trump administration's Freedom 250 celebration, according to reports from HotNewHipHop and TMZ. The competition, scheduled for September 18 in Washington, , will feature a panel that includes Minaj, Airbnb co-founder Joe Gebbia, and real estate investor Grant Cardone, per HotNewHipHop. Actor Dean Cain, known for his role in "Lois & Clark: The New Adventures of Superman," will host the event, both outlets report.

The contest is described as a blend of "Shark Tank" and "The Apprentice," according to TMZ, which cited Fox News Digital. Five companies will compete for a $1 million grand prize, with awards ranging from $75,000 to $400,000, as reported by HotNewHipHop, which cited the Small Business Administration (SBA).. TMZ detailed the prize breakdown: $400,000 for first place, $250,000 for second, $150,000 for third, $125,000 for fourth, and $75,000 for fifth, adding that no contestant leaves empty-handed.

The Finalists and the Prize Money

The five finalists were selected from thousands of applicants, according to HotNewHipHop, which attributed the information to the SBA. The businesses represent manufacturing, defense technology, and industrial services sectors, operating across Maine, Iowa, Wyoming, California, and Georgia, the same report said. First place will receive $400,000, while the remaining finalists will split the rest of the prize pool, per HotNewHipHop.

The $1 million prize is reportedly funded by Clover Network, a private company, rather than taxpayers, HotNewHipHop reported, citing PEOPLE. This detail addresses potential concerns about public funding of the competition.

The Event's Evolution

The event was originally promoted as the Patriot Pitch Competition before being incorporated into the administration's broader Freedom 250 celebration, which marks the 250th anniversary of the United States, according to HotNewHipHop. SBA Administrator Kelly Loeffler has described the event as bringing "boardroom energy" to Washington, a phrase that evokes The Apprentice, the NBC reality show that Trump hosted before his presidency, as noted by HotNewHipHop. The comparison is particularly apt with Minaj taking a celebrity-judge role, the report added.

The administration hopes to distribute the September 18 finale to a wider audience, pushing the competition beyond a typical small-business awards ceremony, according to HotNewHipHop, which cited PEOPLE. Minaj, Cardone, and Gebbia are scheduled to make the final decisions during the live finale, the report said.