My recommendation: do NOT do it under these circumstances. See, if they own a portion of the IP and you're successful, they'll probably come hunt you down in the future.
So steer clear of this situation because they are not giving you the necessary clarity you need at this stage. Develop it at home on your own computer without using any of the uni's resources and do something else for your project.
The project will probably still kick ass and you'll own the full IP of your company.
So steer clear of this situation because they are not giving you the necessary clarity you need at this stage. Develop it at home on your own computer without using any of the uni's resources and do something else for your project.
The project will probably still kick ass and you'll own the full IP of your company.