Grade Eligibility
Rising Freshmen, Sophomores, Juniors, Seniors
Geographic Eligibility
US, International
Discipline
Entrepreneurship, Business Innovation, Social Innovation, Problem-Solving
Judging Format
Criteria based, Judges' score
Entries
7492
Percent Awarded
0.91%
Registration Cost
Entry
Free
Important Dates
January 15, 2026
The Diamond Challenge is an international, free-to-enter business innovation competition designed for high school students interested in entrepreneurship and problem-solving. Teams of 2 to 4 students (ages 14-18) are required to develop a concept and submit it to one of two tracks: Business Innovation or Social Innovation. Concepts cannot have generated more than $100,000 in revenue. The competition uses a criteria-based judging system. Finalists compete for a share of over $100,000 in scholarships and stipends. The top three teams in each track receive substantial cash prizes: $11,000 for first place, $7,000 for second, and $3,000 for third. Submissions are judged on Blue Ocean Creativity, Impact Potential, Commercial Viability, Scalability, and presentation quality.
$11,000 for 1st place in Social Innovation
$11,000 for 1st place in Business Innovation
$7,000 for 2nd place in both tracks
$3,000 for 3rd place in both tracks
A total prize pool of over $100,000 in scholarships and stipends is available for all finalists.
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