one of the best things colleges (and entrepreneurs) need to do is realize when a startup idea is beyond the realm of a classroom. it can cause severe conflict of interest and be inhibitive at best.
we're currently having trouble with our entrepreneurial senior design because a) they don't understand a software startup and b) they are first and foremost concerned with the pedagogical value of being an entrepreneurship advisor/instructor.
examples: we're forced to have 8 underling employees in our already 5 person group (13 person startup) and forced to do a startup pitch to Plexus engineers (they give the program money) as the final task of the year.
our fault not reading between the lines, make sure the mystique of the program doesn't shadow the fact that you have misaligned interests