Not sure what the guidelines are for hosting a challenge, but I've been thinking about hosting an innovation challenge at some point too. Idea is to come up with anything that improves something about RC flight, whether it is a whole new airplane or just some part for an airplane, so long as it does something new, unique, and interesting.
I feel like something open ended would give a lot more opportunity to experiment and some encouragement to try wild ideas that might be too impractical for other challenges. Plus, it would have a much lower barrier to entry since you wouldn't even necessarily need to build a whole plane for it