Yes, anyone will be able to use the project for free and modify the code under a BSD license. Thus anyone can build a business off it if they choose. That is the risk I am taking. It is mitigated by the fact that the firm I am working with and I will be the ones most familiar with the code and free usage of this project will simply validate the idea.
Edit: or do you mean the offer? If so, then no, currently just to me. Though if others could negotiate similar terms.
I meant the offer. It does sound better, but there are lots of better offers out there, this one has lower barriers to entry though. I see it less as the route to go if you are an entrepreneur and more a good way of giving people the kick up the pants they need to start their journey.
Edit: or do you mean the offer? If so, then no, currently just to me. Though if others could negotiate similar terms.