Roanoke College Innovation Challenge
Presented by Roanoke College's Center for Leadership and Entrepreneurial Innovation
The 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
- Financial aspects
- 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.