Sussex Technical High School Business, Finance, and Marketing seniors Devin Deloach and Jenna Stevens, BFM junior Tyler Butler, and BFM sophomore Emily Nichols won the inaugural Diamond Entrepreneurial Challenge April 18 at the University of Delaware, sponsored by the Horn Program of Entrepreneurship.
The team was required to write a five-page Business Concept that was to be submitted in February to advance to a preliminary round where they were to "pitch" their idea. The Business Concept that was pitched was Raven Eyes, the school photography store. They received $500 as a team by advancing to the final round.
Forty-two teams made the preliminary round that was held in each county on March 20. Twelve teams advanced to the final round. One team advancing was from Kenya, Africa, who eventually placed second in the competition and was awarded $5,500 for its placing.
By taking top honors in the Diamond Challenge, Sussex Tech BFM students won the top prize money of $7,500. An additional $1,500 in bonus prize money was awarded throughout the competition, bringing in a total of $9,000 in prize money. Deloach, Stevens, Butler, and Nichols each received $1,000 in scholarship money, totaling $4,000. Frank Makray, as Diamond Challenge advisor and BFM instructor, was awarded $500. The BFM technical area will also receive $4,500.