How do I say this nicely.....What are you doing??
Few questions for you ...
What are you making
What is the company's name
Do you have any idea what you are doing? so far you have a logo with nothing else and you mentioned that some people have a company in your school. Are you modeling your company off them, is this brand a product line in their company?
Seriously if you want some legitimate help at least give us more information then a picture.