International Investment Fund (India)
In 2019, the U-M Ross School of Business kicked off the International Investment Fund, a WDI supported initiative. As part of that effort, WDI worked with students and faculty from Ross to establish the protocol, review the legal requirements from both U.S. and Indian perspectives, and completed an initial round of due diligence. In 2020, the fund continued by conducting due diligence, providing support to firms interested in becoming investment ready and investigating future opportunities for investments. Some of the small and medium enterprises are located in the state of Tamil Nadu, India and are affiliated with Poornatha (a Michigan Academy for Developing Entrepreneurs (MADE) partner). Fund members are developing a mechanism for filtering potential investments in the future, considering different financial instruments and preparing to conduct due diligence on more companies.