Competitions · Business and economics · Diamond Challenge

The Diamond Challenge.

Free to enter, judged blind, and it wants evidence rather than a business plan. The organisers expect you to go and interview actual potential customers before you write anything down.

  • Freeto enter
  • 5pages maximum
  • 35countries

What makes it different

Evidence, not a business plan.

Most entrepreneurship competitions reward a polished plan. The Diamond Challenge is built around finding out whether the idea survives contact with real people.

Go and interview real customers

The organisers explicitly ask students to gather evidence by interviewing genuine potential customers, and to talk to working entrepreneurs, business people and community leaders. That evidence is what the judging rests on.

Arguments for and against

The stated method is evidence-based entrepreneurship - looking for what supports the idea and what undermines it. A concept that has never been argued against reads as untested.

It costs nothing to enter

Registering and submitting an idea is entirely free. Very few competitions with prize money at this level charge nothing at all.

And it can carry university credit

The course structure allows students to earn university credit through a partnership with their school or course. Ask your school whether such an arrangement exists.

At a glance

What the challenge is.

The Diamond Challenge was founded in 2012 by Horn Entrepreneurship at the University of Delaware, to show high school students what an entrepreneurial career actually looks like. More than 4,000 students from 35 countries have entered.

Who can enter
Students enrolled in high school for the duration of the competition - grades 9 to 12, typically aged 14 to 18
Cost
Free. Registration and submission carry no fee
Teams may cross schools
Yes. Members do not need to be at the same school or in the same place
Two tracks
Business Innovation, for an idea that solves a customer problem; and Social Innovation, for one that solves a social or environmental problem
Language
All submissions must be in English
What you submit
A written concept and a pitch deck
Registration opens
Mid-September, with the written concept and pitch deck due in mid-January
The pitch round
February to March, by invitation from the submission round
Finalists announced
Early March
The summit
Two days in late April at the University of Delaware
How long it takes
The organisers recommend developing the idea, writing the concept and building the deck across about ten weeks

The submission rules

Read these before you write a word.

The Diamond Challenge publishes its formatting requirements precisely, and enforces them. Teams lose material every year to the page limit rather than to the judging.

WhatThe requirement
Written conceptNo cover page. Five pages maximum - anything beyond page five is simply not read. One-inch margins, double spaced, 12 point
Pitch deckFifteen slides maximum, ten recommended, submitted as a PDF. It may be uploaded ahead of the competition
Concept IDEvery team is assigned a submission number, which must appear on the first page of the written concept and the first slide of the deck. It exists to keep the review blind
Email addressesEvery team member and the adult mentor must each register a different, unique email address
Virtual pitchA recorded video of no more than five minutes. Any format - slides, Keynote, film - but team members must appear in it, and the team chooses who speaks
Live pitchFive minutes to present and three minutes to answer the judges. Only team members may answer. Not every venue can play video, so plan for a room that cannot
Submission is finalOnce confirmed, a submission cannot be revised

The blind review is worth understanding: judges see a concept ID, not a school or a country. Nothing about where a team comes from can help it, which is unusual and works in favour of students without a well-known school behind them.

The two tracks

Choose by what the idea solves.

The organisers make this easy: it follows from the problem, not from the student. Both tracks are judged on three criteria, and two of the three differ.

Business Innovation

For an idea focused on solving a customer problem. Judged on feasibility - whether it is achievable and can win a place in its target market; on growth potential - whether it can scale and how far; and on special factors.

Social Innovation

For an idea focused on a social or environmental problem. Judged on feasibility and the sustainability of its growth; on social impact - the good it actually does for its beneficiaries and their community; and on special factors.

What "special factors" means

Originality, creativity, persistence, passion, how the case is argued, and any other intangible the judges think bears on whether the venture could work. It is a real criterion, not a tiebreak.

The four questions behind the criteria

How attractively and distinctly does the product solve a problem for a defined segment? Does the team have the experience, skills, contacts and resources to build it? How far can it grow? And how much creativity, craft, persistence and storytelling has the team shown?

The awards

Everyone who reaches the semifinal is paid something.

Prize money is awarded by the organisers at the University of Delaware. Every semifinal team receives an award and an invitation to Delaware.

PlaceWhat it carries
FirstMore than $12,000 in total value - entrepreneurship funds for each team member, fast-track scholarship access, the semifinal award, and travel support
SecondMore than $8,000 in total value, on the same basis
ThirdMore than $4,500 in total value, on the same basis
Topic awards$1,500 in cash. Introduced in 2019, sponsored by companies, and awarded to one semifinal team in each track for excellence in a particular entrepreneurial skill

Social Innovation projects can receive additional funding for the venture itself and an education fund. Any student anywhere in the world who has entered is eligible for a topic award, provided the team concept arrived before the deadline. Note that the published prize breakdown still lists a hardware item discontinued around 2016, so confirm the current package with the organiser.

The season

Registration to summit, in seven months.

Only the team leader registers. The rest is done on the platform.

Mid-September

Registration opens

The team leader registers at diamondchallenge.org, sets a password of at least twelve characters, and creates the team profile.

At registration

Choose a pitch venue and a track

Pick where the pitch will happen - virtual is a valid choice - and whether the concept goes in the Business Innovation or Social Innovation track.

Autumn

Build the concept

Complete the team leader, team member, adult advisor, concept question and upload tabs. About ten weeks of work, including the customer interviews.

Mid-January

Submission closes

The written concept and pitch deck are due. Review carefully - once confirmed, a submission is final.

February to March

The pitch round

Invited teams pitch. Five minutes, then three minutes of questions answered only by team members.

Early March

Finalists announced

Semifinal and final teams have until late April to refine their presentations.

Late April

The summit

A two-day global gathering of students, educators and supporters at the University of Delaware, with speakers, entrepreneurs and mentors.

Preparation

How Hanlin prepares a Diamond Challenge team.

The written concept is five pages and the deck is ten slides. Almost all the work is deciding what to leave out.

Doing the customer interviews properly

The competition asks for evidence from real potential customers. Learning to ask questions that could disprove your idea, rather than questions that flatter it, is the single highest-return thing a team can practise.

Writing to five pages

Page six is not read. Teams that draft twelve pages and cut are far better placed than teams that write five and stop, because cutting forces a decision about what actually matters.

Rehearsing five and three

Five minutes to pitch, three to answer, and only team members may speak. Practising hostile questions is what separates teams at the pitch round.

And choosing the track honestly

Business Innovation for a customer problem, Social Innovation for a social or environmental one. A social idea forced into the business track loses the criterion it would have scored best on.

Why Hanlin

Hanlin has been entering students for Diamond Challenge for years, and publishes what they got. The record is further down this page.

3rdin the world, Business track, 2021-22
30,000+Students served
1,000+Schools represented
22Tutors on the roster

Programme formats

Five ways this is taught.

Group size is the whole difference between these. It decides how much of the tutor's attention a student gets and how far the course can bend to them, so it is worth choosing rather than accepting.

FormatGroup sizeWhat it suits
One-to-oneOne studentContent, pace and emphasis set by what this student actually needs rather than by a syllabus. The only format that can be rebuilt mid-course.
Small groupThree to eightOpens at three. Frequent discussion, and the tutor can slow down or move on according to what the group has absorbed. Most students chasing a higher award are taught in this one.
ClassEight to twelveTaught by the subject lead or a medal coach. Less back-and-forth, so it suits a student who will say when something is unclear.
Large classTen to twentyFor students in the middle of the placement range, and a way to try a competition before committing. Students often move to a small group or to one-to-one afterwards.
Past-paper classNo capPast papers worked through in sequence in the weeks before the sitting. Free to students already enrolled.

Course length for Diamond Challenge is set after a placement paper. The gap between where a student is and what the paper asks for is what the course has to close, and that gap is not the same for two students in the same year group.

How it runs

Six steps, four people on your side.

The same process for every student, so that nothing depends on one tutor remembering to do it.

Step 1

Pre-course assessment

A placement paper before anything is booked, so the course tier is chosen on evidence rather than on a year group.

Step 2

Tutor matching

A subject tutor is matched to the result, and their full background is provided before you agree to it.

Step 3

Plan and group

A study group opens with four people on one student: the tutor, a planner, a supervisor and an academic manager.

Step 4

Scheduled teaching

The teaching office sets the timetable around the competition date and school term, and teaching begins.

Step 5

After-class reports

What was covered, and how the student handled it, reported after every lesson.

Step 6

Homework follow-up

The teaching assistant and the form teacher both check that homework is done, which is where most preparation quietly fails.

Free resource pack

Case and submission pack

The same material our own Diamond Challenge students work from. Scan the code, say what you need, and an advisor sends it.

Scan to consult on WeChat
Scan to consult on WeChat
Scan to ask on WeChat

Tell an advisor which competition and year group, and the material comes back the same day. Free, and you do not have to enrol in anything. If we do not already hold what you need, we will go and find it.

Usually asked forand more on request
  • PDFPast cases and question sets
  • PDFA worked example of a full submission
  • PDFEvent categories and the judging criteria, broken down
  • PDFEntry checklist and the dates for the current cycle

Teaching team

Who would teach it.

Three of the twenty-two tutors on the published Hanlin roster - the ones whose subject this is.

Hanlin economics and business tutor Bai
Economics and business

Bai

Master's in social entrepreneurship from Hult International Business School in San Francisco and a business administration degree from the Universitat Autonoma de Barcelona, with an exchange at Texas A&M's Mays Business School. Accredited by the College Board, Cambridge International and the IBO, a certified intermediate economist, and a judge at the 2020 Diamond Challenge global final and the 2021 NEC China final.

Hanlin economics tutor Zhang
Economics

Zhang

Master's in engineering management from NYU and a double degree in finance and supply-chain management from Syracuse. Nearly nine years overseas and in finance, including at a well-known venture firm - experience that feeds scenario-based teaching. College Board-accredited.

Hanlin economics and statistics tutor Jiang
Economics and statistics

Jiang

Master's in business analytics from the Schulich School of Business, a finance and business economics degree from York University and a software engineering degree from the Harbin Institute of Technology. Years in North America, university teaching before returning, and long experience across the whole economics curriculum.

Student results

What Hanlin students got.

Taken from Hanlin's published record of student honours and rewritten in English. Figures are as the organisers reported them.

3rd

In the world, Business track, 2021-22

One line from Hanlin's published Diamond Challenge record. The rest of it is below.

Diamond Challenge

  • 2024-254 students advanced to the semifinal
  • 2023-244 students advanced to the semifinal
  • 2022-23First nationally at both the Nanjing and Shenzhen semifinals

Earlier years

  • 2021-22Third in the world in the Business track
  • 2019-205 teams reached the China final and one the US final, a 100% advancement rate

The full record, across every subject and year, is on the student honours page.

Where it is taught

Hanlin learning centres.

Teaching runs from Hanlin's own centres in Shanghai, Shenzhen, Chengdu and Hangzhou, and online for students elsewhere.

Tiered forum space with university pennants at a Hanlin learning centre
The reception area at a Hanlin centre
A training room at a Hanlin learning centre
The student lounge at a Hanlin learning centre
A tutorial room at a Hanlin learning centre
A classroom at a Hanlin learning centre
The Hanlin education building in Shanghai

Talk to an advisor

Everything Hanlin does for Diamond Challenge, in one conversation.

Entry, planning, coaching and the past papers. An advisor will tell you which of these a student actually needs, including when the answer is none of them.

  • Competition entry and planning

    Which competitions suit this student, in what order, and by when - then we handle the registration, including the ones that can only be entered through a school or a centre.

  • Competition coaching

    Taught by full-time subject tutors, on a course tier chosen by placement paper rather than by year group.

  • International curriculum tutoring

    IB, AP, A-Level, IGCSE and the US high school curriculum, taught alongside school and timed around the exam calendar.

  • Competition past papers, free

    A large library of past papers, mark schemes and syllabus breakdowns across every competition on this site. No charge and no enrolment.

WeChat

Scan to add an advisor

Scan to consult on WeChat
Scan to consult on WeChat

Say which competition or course you are asking about. Replies in Chinese or English.

Or call +86 21 6352 6630

FAQ

The Diamond Challenge, briefly answered.

What students and families ask before entering.

Does it cost anything?

No. Registering and submitting an idea to the Diamond Challenge is entirely free.

Who can enter?

Students enrolled in a secondary institution in grades 9 to 12 for the duration of the competition, typically aged 14 to 18.

Can my team come from different schools?

Yes. Team members do not need to be at the same school or in the same region.

How do I choose a track?

By what the idea solves. If it addresses a customer problem, choose Business Innovation. If it addresses a social or environmental problem, choose Social Innovation.

What do I submit?

A written concept of no more than five pages - no cover page, one-inch margins, double spaced, 12 point - and a pitch deck of no more than fifteen slides, ten recommended, as a PDF. Everything in English.

What happens if I go over five pages?

Only the first five pages are evaluated. The rest is not read.

What is a concept ID?

A submission number assigned to each team, which must appear on the first page of the written concept and the first slide of the deck. It keeps the review blind so judges do not know which team they are reading.

How is it judged?

Business Innovation on feasibility, growth potential and special factors. Social Innovation on feasibility and sustainability of growth, social impact, and special factors. Special factors covers originality, creativity, persistence, passion and how the case is argued.

What are the prizes?

Every semifinal team receives an award and an invitation to the University of Delaware. First place carries more than $12,000 in total value, second more than $8,000 and third more than $4,500, including entrepreneurship funds and travel support. Topic awards of $1,500 go to one semifinal team in each track.

How long does it take?

The organisers recommend about ten weeks to develop the idea, write the concept and build the deck. Submissions open in September and close in mid-January.

Can I compete without travelling?

Yes. Virtual is an available pitch venue, with a recorded video of no more than five minutes featuring the team members.

Related

Other business and entrepreneurship competitions.

What students enter alongside the Diamond Challenge.

Diamond Challenge enquiries

Five pages, ten slides, and evidence you gathered yourself.

It costs nothing to enter and the review is blind, so the only thing that counts is whether the idea has been tested against real people. Tell us what the student wants to build and an advisor will help turn it into a concept that fits on five pages.

Competition enquiries+86 21 6352 6630 Curriculum & test enquiries+86 21 6352 6628
Service citiesShanghai · Shenzhen · Chengdu · Hangzhou