"American Idol" judge Simon Cowell is executive producer of a new reality show for ABC called "Million Dollar Idea."

ABC has ordered nine episodes of the show that will give budding entrepreneurs a shot at $1 million to launch a new business or product.

"Right now, someone in America may be sitting on the best new idea in the world," Cowell told Zap2it.com. "This show gives everyone the chance to fulfill that dream. I have no idea who or what is going to turn up and that is the fun of this new series."

A similar show, "Dragon's Den," ran on the BBC.