Roanoke College Innovation Challenge

Presented by Roanoke College's Center for Leadership and Entrepreneurial Innovation

Innovation ChallengeThe Roanoke College Innovation Challenge ("RCIC") has been established through a creative partnership between Roanoke College and the local entrepreneurial ecosystem to form a private industry innovation engine. Each summer, approximately sixteen students from Roanoke College and other top academic institutions are offered the unique opportunity to participate in RCIC.

Past projects include a system that transforms the way devices are powered by eliminating the need for power cords and cosmetics and jewelry that change colors to complement a person’s attire or mood manufactured from a photochromic compound. The list of businesses we have worked with in RCIC is long and includes a number of local projects that remain active.

The sixteen participants are divided into teams and given the task to develop a comprehensive business model and plan for a new product or service innovation. With the help of faculty and industry mentors, students will research:

  • Patent/intellectual property process
  • Organizational structure
  • Production
  • Marketing
  • Financial aspects
  • Funding
  • Product design
  • Exit strategies

The projects incorporate knowledge and concepts from many different academic disciplines; therefore, students with divergent backgrounds and experiences are encouraged to apply.

Contact Steve Baker, Director of Roanoke CollegeInnovation Challenge, for more information.