Entrepreneur awards hope to crown the next Zuckerberg

Do you spend more time scribbling down your business plan than taking notes in class? You're not alone. Young people are among a growing group of entrepreneurs who aren't waiting for a diploma in hand to create their own job opportunity.

"Frankly because of the high rates of unemployment particularly among young people, there are more people who think, 'What do I have to lose?'" said entrepreneur Jonathan Ortmans. "A lot of the time these new start-up ventures are things they do with friends and a laptop. The cost of infrastructure has gone down so much that it's easier to do it with less risk."