By taking Chongqing college students entrepreneurs as the research object, by using behavioral event interview method and literature retrieval method and so on to make questionnaire and collect data, and by using empirical factor analysis and correlation analysis methods for data processing, college students entrepreneurship competence model is constructed. This model has three-latitude including Adverse Quotient (AQ) such as three factors of innovation ability, problem-solving skills and pressure resistance ability, Emotion Quotient (EQ) including four factors such as team cooperation ability, self-management ability, interpersonal relationship ability and social responsibility, and Intelligence Quotient (IQ) including three factors such as professional theory and skills, market grasp ability and strategic decisionmaking ability. College students should set up their entrepreneurship consciousness and improve their comprehensive capacity. Colleges and universities should enhance the entrepreneurship education and innovate education system, and governments should perfect service system and optimize entrepreneurship environment.