The Innovation Olympics is a Global 8 week consulting competition started in 2009. It is co-sponsored by IXL Center, and the non-profit Global Innovation Management Institute.

• 5 graduate student teams tackle a strategic challenge set and paid for by a corporate or non-profit sponsor. There are up to 10 challenges per edition.
• ​During the 8 weeks, the teams are mentored by experienced professional coaches to ensure the highest quality and consistent results for each sponsor. Sponsors provide guidance to teams during 3 alignment sessions, and then select the winning business plans and teams.
• Students get a real-life project experience, and training in innovation management methodologies from the Global Innovation Management Institute worth thousands of dollars, just for participating.
• The winning team gets a $4,000 prize and 2nd place $2,000, along with the accompanying prestige and accolades.

​