C13 - Blackstone LaunchPad at Case Western Reserve University

Q.1

According to Bob Sopko, Director, Blackstone Launchpad is a program created by the University of Miami and Blackstone, a multi-billion dollar corporation. Which of the following is the reason Blackstone set aside funds, in the Blackstone Charitable Foundation, for this program?

Blackstone wanted a worldwide footprint
Blackstone wanted to invest in each startup
Blackstone felt that entrepreneurship and startup businesses are an important part of society
Blackstone wanted to diversify

Q.2

According to Mr. Sopko, what is the most important step after you develop a great idea?

Find out who your customer is
Apply for free patent counseling at the college
Form your diverse team
Test your product

Q.3

Mr. Sopko discussed several students or groups of students who work within CWRU Blackstone LaunchPad for their startup business venture. Which of the following is not one of those ventures?

A wristband to unlock your smart phone
A fuel cell driven bicycle
An affordable rocket that sends payloads into suborbital space
A fuel cell driven car

Q.4

Rakesh Guha, Co-Founder of Bookwork.co, described the idea behind their venture. Of the items listed below, which is the idea for the business?

To create a wristband that unlocks smart phones
To connect the top technology students with employers with technology based needs
To design a fuel cell driven bicycle
To design an app which sends kudos to people

Q.5

According to Shem Lachhman, Founder & CEO of MediMEMS, which of the following barometers does his microscopic system monitor?

Blood pressure
Heart rate
Glucose levels
All of the above