Gymnastic balance beams were created by the National Gymnastically Athletic Federation in 1984, but only began to be used in high school competitions in the early 1990s.
The new competition has a long history in gymnastics and will feature an aerial and an aerials.
The new competition will also be held in partnership with the American Association of Collegiate Gymnasts and the American Gymnathlon Federation, as well as the International Gymnasty Federation.
A total of 18 gymnasts will compete in the new competition.
The team that finishes in first place will advance to the 2016 U.S. National Championships, which will be held March 16-21 in Atlanta, Georgia.
The winner of that competition will earn a spot at the 2016 Olympics.
Gymnastics Balance Beam has been used in competitions for years.
In 2007, a team from the University of North Carolina at Charlotte won the first gymnastics balancebeam competition, a 10-meter freestyle competition that was held at the University Gymnasia in Athens, Greece.
Six years later, another team from North Carolina won the competition, and it has been a long-standing tradition for the state of North Dakota to have a gymnastics balancing beam team in competition.