I agree with doing a business plan/idea competition. I would also do a startup weekend where people can come together on a weekend and do a 48 hour competition

I agree with doing a business plan/idea competition. I would also do a startup weekend where people can come together on a weekend and do a 48 hour competition where people come together to start an idea and implement the business in the 48 hours. Then hold a panel of judges from professors to give feedback and vote for the best.