BBC Economics Editor Evan Davis will present the show from a secret location in London, where each week a new selection of entrepreneurs will have the opportunity to pitch their ideas to the Dragons.
Each participant can ask for any specified amount of funding for their idea or product, but if the pitcher cannot convince one or more of the Dragons to match that specified amount, the entrepreneur walks away empty.
Even if the Dragons pledge an amount of money smaller than the amount asked for, the entrepreneurs still walk away with nothing.
Each entrepreneur is free to bargain in order to get their specified amount, which usually comes in exchange for shares in their company.
The BBC will hold auditions for contestants throughout the coming months.
For more information visit www.bbc.co.uk/dragonsden or email dragonsden@bbc.co.uk