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Diamond Challenge (Horn Entrepreneurship, University of Delaware)

Horn Entrepreneurship, University of Delaware

$100,000 prize pool ($4,500 to $12,000 grand prizes)

The short version

High-school team competition with a $100,000 prize pool; submissions due January 14, 2027. For students aged 14 to 18 only.

The Diamond Challenge is a business and social innovation competition for high school students. Teams must have 2 to 4 students aged 14 to 18 at the submission deadline, plus one adult advisor aged 21 or older; it is open worldwide for concepts with under $100,000 in total revenue. There is a $100,000 prize pool, with grand prizes of $12,000, $8,000 and $4,500 plus topical prizes. The 2027 submission window is open until January 14, 2027 at 5 pm EST. Entries need a written concept narrative of 3 to 5 double-spaced pages and a 60-second video, judged over three rounds ending at the Limitless World Summit. This is for minors; it is listed for completeness, not as a drafting target.

Funding type
Grant
Level
Foundation
Amount range
$4,500 – $12,000
Realistic amount
Grand prizes of $12,000, $8,000 and $4,500, plus topical prizes from a $100,000 pool.
Deadline
January 14, 2027 at 5 pm EST
Status
active
States
Nationwide

Who qualifies

Who is not eligible

What it covers

Eligible expenses

  • Student team prize money

Ineligible expenses

  • See official program guidance

How to apply

  1. 1

    Form a team and advisor

    2 to 4 students aged 14 to 18 and an adult advisor aged 21 or older.

    ~1 hrs

  2. 2

    Write the Concept Narrative

    3 to 5 double-spaced pages: problem, customers, solution, unique value, economics, team, traction.

    ~12 hrs

  3. 3

    Record a 60-second video

    Part of the submission.

    ~3 hrs

Insider tip

The narrative must cover problem, customers, solution, unique value, economics, team and traction in 3 to 5 pages, so plan one section per topic.

Deadline & timing

2027 timeline: September 16 submission window opens; January 14 submission deadline (5PM EST). Teams must be 2 to 4 high school students aged 14 to 18 at the deadline, plus one adult advisor aged 21 or older. No AI policy found on the rules page.

Deadline: January 14, 2027 — put it in your calendar before you close this tab.

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Includes reminders one week and one day before. Verify on the official program page — funders move dates.

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Last updated October 17, 2026. GrantCompass is an independent funding-discovery tool and is not affiliated with any government agency. Always confirm details on the official program page.