This is the best idea for a university class software project that I have seen in a while. Perhaps ever. It's software to manage disaster relief. The article on the Trinity College web site can be accessed by the link above. The project home page is here.
This project is like a poster child for open source. No company could afford to develop a package like this because they would not have enough buyers to pay for the R&D at any reasonable price. i found it very interesting and have turned our local government onto it.