Feb 27, 2019

Diamond Challenge

  • Crimson Education
  • Regional: HAFS, Yongin, Korea | International: University of Delaware, USA
Multiple

Description

The Diamond Challenge was created in 2012 to empower the next generation through entrepreneurship. Since conception, tens of thousands of students from all around the world have engaged with us.

The Diamond Challenge was created through Horn Entrepreneurship, a cornerstone for entrepreneurial activity based at the University of Delaware. Because of the generous contributions made by Paul and Linda McConnell, we are able to provide high school students around the world with opportunities to experience entrepreneurship first hand.

We empower students in high school and beyond through entrepreneurial education and enrichment opportunities in order for students to create, capture, and deliver value from new ideas, regardless of their future career path.

For more information please visit the official website here

Type of Opportunity

Extracurricular Activity

Age Range

High school students (14-18 yr old at the time of submission deadline)

Competitiveness

3/5

Semifinalists receive an invitation to travel to the University of Delaware to compete in the semifinal round. Top prizes include additional funding that may be used to support the team’s idea or serve as a scholarship to attend any school in the world.

Semifinalists are awarded an in-kind prize package worth up to approximately $2,100 per team that includes tickets to the Summit, hotel accommodations for up to three nights, meals during the conference, and access to speakers, mentors and innovators.

Participation Cost

1/5

There is no application fee for regional round. International Round provides travel costs although participant is responsible for costs exceeding that amount. However, the participants have to fund their project.

Minimum Technical Skill Needed

2/5

Each Diamond Challenge submission and presentation represents an original work that has been created by a team of 2-4 high school students;

Rounds of the Diamond Challenge is as follows: 1. Submission Round 2. Pitching Round 3. Semifinal Round 4. Top 18 5. Final Round

There are two competition tracks: Business Innovation(solve a customer problem that by doing so will generate revenue and profit), Social Innovation(solve a social problem and make a positive impact on people or the environment).

Required written concept papers are strictly limited to 5 pages. Pitch decks must be no more than 15 slides in length, with a recommendation of 10 slides. Pitches are strictly limited to 5 minutes.

Time Commitment

3/5

Three day program

The participants, as a team, need to devise up a business plan and prepare for a live pitch

Application Process Includes

1. One person(team leader) per team need to register for entire team and find adult advisor

2. submit written concept and pitch deck before deadline

3. Prepare for a pitch

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