Great business ideas are like diamonds - they are rare, valuable, and require refinement before they begin to shine. Thank you to all of the Delaware high school students & teachers who participated in the 2013 Diamond Challenge. Details about the 2014 Diamond Challenge are coming soon.
Participation in the Diamond Challenge begins with FREE registration. Each team must have 2-4 student members and a teacher who is willing to advise them.
A custom curriculum consisting of 12 short videos has been developed to guide participants through the process of developing a new business concept.
Teams' written business concepts and pitches will be scored on feasibility & potential by panels of experts; top teams will earn a share of the $25,000 prize pool.
The Diamond Challenge provides an impactful, hands-on learning opportunity. Participants will learn a repeatable process for coming up with new ideas and building a business like a scientist. By working with the members of their team to devise, submit, and pitch a business concept, participants will develop their creative, problem solving, and communication skills.
Acquiring entrepreneurial knowledge and skills will empower participants to take a job or make a job. Startups and small businesses need people who can recognize opportunities and successfully pursue them with limited resources. Larger companies need to continuously develop new products and new markets to remain competitive and continue to grow.
Connections are incredibly valuable for entrepreneurs. They provide access to experts, partners, and potential customers. As part of the process of devising a business concept, participants will be challenged to make new connections to get feedback on their ideas. Participants will also have opportunities to connect with members of their local entrepreneurial communities.