International Investment Fund (India)
In 2019, Ross School of Business kicked off the International Investment Fund, a WDI supported initiative. As part of that, WDI worked with students and faculty from Ross to establish the protocol, review the legal requirements both from the US and Indian side, and completed an initial round of due diligence. The due diligence was conducted on four SMEs from the Michigan Academy for Developing Entrepreneurs (MADE – cofounded by WDI) . The SMEs are located in the state of Tamil Nadu, India and were identified by Poornatha (a MADE partner). Recommendations were made on investment readiness for each of the SMEs including appropriate financial instruments to use. Preliminary conclusions identified a good potential investment though further investigation is required. That will be carried out beginning summer 2019.