Are you struggling with finding ways to finance your business or social venture? If so, you’re not alone. Though it may be challenging for high school entrepreneurs, we have some awesome tips on how to make your ideas a reality.
First things first. If you’re looking to start a business or social venture, you’ve come to the right place. The Diamond Challenge is an amazing starting point for aspiring entrepreneurs. By teaming up with others, developing a concept, and meeting those deadlines, you and your team are encouraged to start thinking about how you will finance your concept in preparation for the pitch. You can explore the Diamond Challenge Curriculum and Stories to help you brainstorm!
Second, if your business is in the development stage, accelerator programs can be a good investment. For example, virtual accelerators through EforAll are a great way to gain immersive training and mentorship in a professional environment. Techstars also provides a three-month accelerator six times a year to turn ideas into world-changing businesses. Lastly, Horn Entrepreneurship partners with Schoolyard Ventures to host a summer program for ambitious high school students. Signing up for these types of programs will help you learn critical skills that will teach you how to sustainably fund your idea.
Additionally, check with colleges and universities in your area to find incubator events. These programs do a great job of keeping you accountable throughout the development of your venture; consulting professional trainers is more personal and engaging than trying to juggle everything on your own. Plus, you can learn financial skills from successful entrepreneurs who are passionate about helping you and your business grow.
Finally, Kickstarter is a great resource that can increase the legitimacy of your venture. By creating a brief yet compelling campaign video, viewers can choose to support your vision with donations. You can set a goal for fundraising and spread the word to your family, friends, and peers!
We hope these tips help the advancement of your entrepreneurship concept! Also, if you’d like advice from Diamond Challenge alumni, our Student Advisory Board hosts one-on-one sessions with current participants to offer support and answer questions.
About Horn Entrepreneurship
Horn Entrepreneurship serves as the University of Delaware’s creative engine for entrepreneurship education and advancement. Built and actively supported by successful entrepreneurs and thought leaders, Horn Entrepreneurship empowers aspiring innovators and entrepreneurs as they pursue new ideas for a better world.
Follow Horn Entrepreneurship @udhorn and check out our entrepreneurship competition for high school students.
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