Student teams have a variety of resources to help them craft their challenge ideas. Alden Library has created the "Resource Guide for Innovation Challenge: http://libguides.library.ohiou.edu/innovation
, that points students to industry information, market analyses and other important data.
An interesting video series on innovation:
The Business Model Canvas by Alexander Osterwalder and Yves Pigneur is a tool to help innovators think through their business model, value proposition, key partners, target audience and other questions related to new business development: