Ali Schlichter

The three finalists must craft a pitch that encompasses themselves and their businesses to a room full of industry professionals; Gordon and Lisa crown the Season Two winner.

Hopeful entrepreneurs pitch themselves to mentors Gordon and Lisa as they vie for one of the seven spots up for grabs on each expert's team.

The culinary entrepreneurs are tasked with kickstarting a brand-new business venture from zero to profit in just 24 hours; in this profit-based challenge, teams must create a bespoke menu that they market and sell to a group of hungry customers.

Teams Ramsay and Vanderpump are challenged to create unique concept bars that stand out in a crowded market; one member of the losing team it eliminated from the competition.

The 12 remaining entrepreneurs partner with Delish to maximize their promotional abilities; Teams Ramsay and Vanderpump create a Fourth of July inspired recipe that can be easily recreated from a 30-minute cook-a-long demonstration.

The entrepreneurs are tasked with innovating a new chocolate product by crafting an original name, label and jingle for their creations; Mars Inc. executives Rankin Carrol, Esther Gamble and Sarah Bilson serve as guest judges.