'Make Me a Supermodel' will premiere in early 2008 on Bravo

Move over, Tyra. Two other supermodels are hosting their own reality competition show.

Bravo announced on Monday (Oct. 22) that supermodels Niki Taylor and Tyson Beckford will host the upcoming "Make Me a Supermodel."

On the network's latest reality competition show, based on the UK series, men and women will compete for a chance to launch their modeling career and win $100,000. The model wannabes will live in a New York City loft together and undergo challenges over a 12-week period in order to determine who gets to stay on the catwalk.

The series is set to premiere in early 2008.

Taylor, 32, started her international modeling career at age 14 and took the world by storm on the catwalk and on countless magazine covers. She's also become a designer -- Abbie & Jesse's boutique -- and an entrepreneur, forming "begin Enterprises" and "begin Foundation for the Advancement of Women in Business.

Beckford, 36, was discovered by a scout for The Source hip-hop magazine and was shortly snapped up by Ralph Lauren for his Polo Sport campaign. The runway and cover model has also broken into the world of acting, appearing in "Biker Boyz," "Zoolander" and "Into the Blue."