Why the Diamond Challenge?
The University of Delaware Horn Program in Entrepreneurship created the Diamond Challenge to provide high school students and young entrepreneurs from around the world with an outstanding opportunity to learn about entrepreneurship while putting their ideas into action.
Participants in the Diamond Challenge gain valuable first-hand experience with:
Conceiving an idea for a new business or social venture
Testing the idea by talking to potential customers and gathering evidence to validate the viability of their business or social impact model
Pitching their idea by submitting a written concept and presenting to a panel of judges
Participants also benefit from:
Innovative Video-Based Lessons focused on how to develop ideas, put them into action, and build businesses and social ventures like a scientist
Mentors and Team Advisors who provide valuable feedback while participants maintain responsibility for final decision-making
Opportunities to earn college credit, interact with other student entrepreneurs from around the world and win funding awards to support their business, social venture or education
See Last Year's Results!
BUSINESS CONCEPT COMPETITION
Nathan Wagener, Gabriel Werner (USA)
A ball pump that allows the needle to retract back into the pump, preventing the needle from being lost or damaged. This aims to save athletes time from last minute needle replacement runs, as well as money.
Philip Lee, Julian Davis, Rostam Reifschneider (USA)
A windshield that diffracts sun glare by adjusting color and brightness to counteract the fluctuation in levels of UV light.
Aditya Ganapathi, David Hou (USA)
A unique security company that offers two products: one to address women’s safety and another to revolutionize the in-home monitoring assets.
SOCIAL VENTURE COMPETITION
Ludmila Zgurean, Vladlen Grecu, Daniela Tihon, and Victoria Bradescu (Moldova)
A website where migrant workers from Moldova can find and pay local youth helpers to assist elderly family members with chores, solving two problems: youth unemployment and the impact of migration on family left behind.
Nicole Birkner, Diego Uribe (Costa Rica)
A service that provides the consumer with a soda that utilizes the benefits and avoids the disadvantages of traditional sodas by blending healthy ingredients such as fruits and agave nectar.
Michael Chan, Emily Yu (USA)
A web-based service that creates a network of college students, allowing high school seniors moving onto higher education to ask for genuine advice, information regarding their major, or simply about student life on campus.
Competition Tracks & Curriculum
The Diamond Challenge offers two competition tracks:
Business Concept This competition focuses on the development of new, for-profit business models.
Social Venture This competition focuses on the development of new, social impact models that may include revenue-generating nonprofit organizations and mission-driven, for-profit ventures.
Partner organizations around the world host pitch events as part of the Diamond Challenge’s Business Concept Competition. They also provide additional opportunities for participating students.