I’m also aware of a number of schools that focus highly on entrepreneurship, Babson comes to mind immediately. But it’s unfortunately not the case for most schools, Harvard, Yale, Columbia, etc are not on the list, and I’m pretty sure most people that head back to those kind of b-schools do not have entrepreneurship in mind. At least none that doesn’t involve some kind of consulting or hedge fund outfit. That’s simply not the mandate for most b-schools.

Thanks for the advice on the delivery idea, I’ll pass it on to my friend. Cheers!

As for your friend: grocery delivery to college students won’t work for two reasons.

1) College students like to browse because they don’t know what they want.
2) They make many trips to the grocery store per week, buying little at once. The minimum the grocer would need to make a profit would be more than a typical student buys in one trip.

Now setting up a convenience store is another thing. She should scout the area and see competition first, but if there isn’t much then she should start a small grocery store.

Sell all the basics but produce. Make sure a good section of the store is devoted to beer, wine, liquer, and cigarettes. Hang the school colors in front of the store, give away some food, and you’ve got the set-up for a decent business plan.