WDI is a founding partner of the Michigan Academy for the Development of Entrepreneurs (MADE), along with Poornatha Foundation in India and the Zell Lurie Institute at the University of Michigan’s Ross School of Business. MADE was established to support small- and medium-sized enterprises (SMEs)in low-and middle-income countries through local Entrepreneur Development Organizations (EDOs). MADE connects the resources of the University of Michigan (U-M) with the EDOs in the field through its governance. The governing board includes seats for different institutes at the University of Michigan and EDOs in different countries around the world. Thus, the EDOs have a direct role in determining the products and services offered by MADE. MADE has involved students and/or faculty from the University of Michigan’s Ross School of Business, psychology department, Institute for Social Research, Stamps School of Art and Design, Law School and School of Education.
Over the past year, MADE finalized an instrument used by entrepreneurs to clarify the business model for their organization, developed a new tool for project management and provided guidance to Poornatha, the EDO in India, on how to expand geographically within India beyond the initial set of SMEs with whom they have been working. MADE also worked with Poornatha to codify its finance training program and get it set up for delivery to a much larger group in its next delivery. The goal is to expand to 120 SMEs over the next year. MADE has also started working with Lviv Business School in Ukraine on a marketing tool and African Institute of Management in Senegal on succession planning.