As a brand-new educational concept and education mode, entrepreneurship education has been widely carried out in colleges and universities across the country. A systematic study on the evaluation of college entrepreneurship education is conducive to ensuring the sustainable and stable development of college entrepreneurship education. This paper first analyzes the current status of the development of entrepreneurship education in universities in China. Second, it establishes a CIPP-based evaluation indicator system for university entrepreneurship education capabilities, which includes four main indicators: environmental basis, resource allocation, process action, and result performance, and uses factor analysis to comprehensively evaluate various indicators. Finally, by taking four universities in our country as examples, the indicator weights of university entrepreneurship education ability evaluation are calculated, and then the comprehensive evaluation results of entrepreneurship education level in the four universities are calculated.