Michael Chu discusses bottom-up development and entrepreneurship in emerging markets. Chu is Managing Director and co‐founder of the Ignia Fund, an equity firm based in Mexico dedicated to investing in and developing commercial enterprises focused on low socio‐economic sectors. By meeting the vastly underserved needs of the low income population in areas such as healthcare, housing, education and basic services, Ignia seeks to empower entrepreneurship and generate social impact while creating attractive financial returns for its investors. Chu also holds an appointment as Senior Lecturer at the Harvard Business School (HBS).