The Big Idea will conduct a nationwide search for invention and business ideas, with would-be entrepreneurs competing for £100,000 to invest in their project.
Ms Badger is due to mentor contestants on the show, as well as having a major role in a spin-off programme on Sky Three.
The Wolverhampton sales manager reached the final round of the second series of BBC Two's The Apprentice earlier this year.
She admitted she was "gutted" to be beaten by Michelle Dewberry to a £100,000-a-year job working for Amstrad boss Sir Alan Sugar.
The first all-female final followed the elimination of 12 other contestants.
Copyright Speakers Corner 2016