The second idea that I am commenting on from ideablob.com is College Connection Website – One stop location for all college students to find entertainment, events, and employment in their region:
The proposed website would effectively connect college students in a particular region, in this first case the greater Harrisburg metro area, alerting them to the best entertainment, events, discounts, internships, job openings, things to do, and places to see in the region. Part of the initiative also includes a student comprised team in charge of facilitating monthly events that will allow students from all participating schools to interact, network, and get connected to the Harrisburg area. The initiative is specifically targeting the brain drain in the region, facilitating student engagement and personal connection to the area so that they’ll be more inclined to stay after graduation.
My advice:
My question to you is this a simple one. Where is the revenue stream?
An opportunity needs not only a market need, which you have addressed, but the ability to generate cash flow to support the costs and earn a profit (or if it is a social venture, build a reserve fund).
I am not saying that there is no possible revenue stream. I just don’t see that you have thought about that part of the idea.
The registration fees and money from student government suggested by the previous comment is possible, but I doubt that this would amount to much. Who would pay to support this site? Advertisers? Maybe, but they to see the likelihood of volume and the right people coming to the site.