Sir Alan Sugar begins a new search for an apprentice for 2006 amongst fourteen new candidates. For their first task, they must purchase produce within a budget of £500, before up-selling their stock for a profit around Hackney.
The teams take on the job of raising money for Great Ormond Street Hospital, each designing a themed calendar and pitching it to retailers as a test of their creative and pitching skills.
Sir Alan has a new shopping list of ten items to be found, testing each team's negotiating skills on sourcing and bargaining for the best deal with each purchase.
Both teams find themselves cooking up a tasty treat for visitors to the Thames Festival, with each seeking to manage costs while ensuring their food attracts reasonable profits.
Sir Alan has developed a new venture for business flights - the Amsair Card - and instructs each team to come up with a promotional campaign for it, including a video and billboard advert, pitching their concept to advertising experts.
Brought aboard the Grand Princess as it travels between Istanbul and Naples, each team is tasked with providing a special event for passengers in which success comes from good sales and customer sanctification.
After facing ten tasks as teams, the four remaining candidates now compete as individuals in their next task - a series of tough, gruelling interviews with three of Sir Alan's most trusted associates.
After facing a multitude of business tasks and a tough interview, the two finalists now face one more challenge - with help from old friends, each must host an evening event at London's Tower Bridge, coming up with their own theme for it.