Entrepreneurship

Founder Invited to Speak at New York University

sourcefunding fundingnavigator

NEW YORK CITY (MARCH 25, 2021) -- SourceFunding.org Founder W. Michael Short was invited to present on the topic of crowdfunding at New York University's Stern School of Business in Professor Levina’s "Digital Innovation and Crowdsourcing" course.

The focus of the course is on "digital technologies that enable knowledge work, creative industries, and information aggregation." The course also explores "new ways in which traditional firms and startups can be more innovative by harnessing the power of collective intelligence enabled by digital technologies."

Specifically, Mr. Short was invited to present on the overall crowdfunding sector, the various types of crowdfunding, and the use of crowdfunding platforms by high-impact, mission-driven, and philanthropic ventures working to solve social, environmental, and community challenges.

Mr. Short also spoke on the promise of crowdfunding platforms in addressing systemic economic inequalities negatively impacting underserved communities throughout the U.S.

“I’m very impressed by the brilliant Professor Levina and her incredible students,” said Mr. Short. “I look forward to building on our collaboration and work together in the future.”

SourceFunding.org Founder Invited to UN for Global Summit Hosted by MIT

Pictured on the right: SourceFunding.org Chairman & CEO W. Michael Short

Pictured on the right: SourceFunding.org Chairman & CEO W. Michael Short

NEW YORK CITY (March 7, 2017) - SourceFunding.org Founder W. Michael Short was invited to the United Nations to participate in a summit hosted by MIT's SOLVE Initiative. 

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SOLVE was founded at MIT in 2015, a natural offshoot of MIT’s commitment to open technological innovation, and its long commitment to actionable thought leadership in the public sphere. The mission of SOLVE is two-fold: (1) Identifying the best solutions to specific, actionable challenges through open innovation, & (2) Building and convening a community of leaders and change-makers committed to partnering together to pilot and implement these solutions. To learn more about MIT's SOLVE initiative and their work, click here.

SourceFunding.org Highlighted for Economic Impact at White House

WASHINGTON, D.C. (November 30, 2016) - SourceFunding.org was highlighted for economic impact and small business development at the Obama White House. During 2016, the Obama White House Office of Social Innovation & Civic Participation advised on the platform's launch.

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SourceFunding.org has 4 major metrics developed with Clinton Foundation as part of its $100 million Clinton Global Initiative sponsored initiative known as a "Commitment to Action:"

  1. Businesses Assisted

  2. Funding Facilitated

  3. Jobs Created

  4. Economic Impact

Click here to learn more.

SourceFunding.org Featured by SME Finance Forum

NEW YORK CITY (November 14, 2016) - A new $100 million Clinton Foundation-sponsored platform bidding to take on predatory online lenders by offering America's underserved communities a low-cost alternative, is opening its doors for beta testing. Developed by the Global Social Enterprise Institute (GSEI), SourceFunding.org uses a proprietary common application and matchmaking software to help it connect individuals, businesses and other organizations with a national network of partner community banks, credit unions and economic development organizations.

SourceFunding.org Featured at #1 Ranked Maxwell School of Citizenship

Photo Credit: Syracuse University

Photo Credit: Syracuse University

SYRACUSE, NEW YORK (October 13, 2016) - SourceFunding.org Founder W. Michael Short was invited to speak at a Public Diplomacy Symposium hosted by Syracuse University's #1 ranked S.I. Newhouse School of Public Communications and #1 ranked Maxwell School of Citizenship & Public Affairs. Short spoke about the public diplomacy related considerations, challenges, and lessons learned relating to the launch of SourceFunding.org.

Joining Short on the "New Public Diplomacy" panel was Corri Zolli, director of research at the Institute for National Security & Counter Terrorism.

"The prestigious Public Diplomacy Program at Syracuse University is so incredibly impressive and the students and faculty are world class," said Short. "We've had over 250 SU students engaged in our efforts to date and we look forward to building on this strong partnership."


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Excerpt from the SU Daily Orange (click here for link to article):

The “New Public Diplomacy” panel features Michael Short, founder of Short Enterprises. The company focuses on utilizing “market based solutions” to solve problems related to a wide range of topics, from green infrastructure to urban revitalization and STEM education, Short said in an email.

Short said each of these initiatives involves creating and sustaining “public-private-nonprofit-foundation partnerships, which are a key aspect of public diplomacy.”

The symposium is being held in both Newhouse and Maxwell over the course of two days. The two schools offer a joint public diplomacy program, in which Short is an alumnus.

Short said he was specifically invited to discuss the public diplomacy related aspects associated with launching their financial technology platform, called SourceFunding.org. The platform works to connect small businesses with $100 million in funding by the end of 2018, according to its website.

“I credit my education at Newhouse and Maxwell with providing me with the skills and experiences necessary to launch and grow my firm and our initiatives,” Short said.

Recognized for "FinTech Innovation"

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NEW YORK CITY (August 1, 2016) - SourceFunding.org was featured for socially responsible "FinTech Innovation" in the August 2016 Business & Management Review. The paper, titled "Exploring Corporate Social Responsibility with the Global Community," was presented at the International Conference on Business & Economic Development in Paris.

Excerpt from the Business & Management Review:

"W. Michael Short, founder of Short Enterprises and the Global Social Enterprise Institute, spoke on the importance of building dynamic and cross-sector public-private-nonprofit-foundation partnerships in advancing economic development, inclusive entrepreneurship, and innovation. In order to demonstrate this, Mr. Short highlighted the national financial technology (FinTech) initiative that he is spearheading in collaboration with the Clinton Foundation, Ashoka U Commons Accelerator, the White House, various universities, a national network of small business technical assistance providers and financial institutions, among others. The initiative, a Clinton Global Initiative (CGI) sponsored “Commitment to Action” developed in the Ashoka U Commons, is focused on addressing a major barrier to growth cited by small and medium sized enterprises (SMEs): access to low-cost financing. This will be accomplished with the launch of the nation's first FinTech platform focused on community businesses, organizations, and entrepreneurs with a social-impact, mission-driven, or workforce development focus."

Our Commitment to Action: Financial Inclusion & Economic Empowerment

Photo: Atlanta Mayor Kasim Reed Speaking at Opening Plenary of Clinton Global Initiative.

Photo: Atlanta Mayor Kasim Reed Speaking at Opening Plenary of Clinton Global Initiative.

Press Release via Global Social Enterprise Institute:

ATLANTA, GEORGIA (JUNE 2016) — Entrepreneur and economic development specialist W. Michael Short was invited to the Clinton Global Initiative Summit in Atlanta, GA, to announce the expansion of SourceFunding.org and the FundingNavigator℠ as a 2016 Clinton Foundation-sponsored "Commitment to Action."

Pictured: W. Michael Short, founder of  SourceFunding.org , with President Clinton.

Pictured: W. Michael Short, founder of SourceFunding.org , with President Clinton.

Recognized for socially responsible "FinTech Innovation" in the Business & Management Review and highlighted at the Obama White House, SourceFunding.org is a tech-enabled venture focused on bridging the opportunity divide for the 28 million small businesses in the U.S. so they can expand, create jobs, & transform communities.

SourceFunding.org is the nation's first low-cost matchmaking platform connecting small businesses with the 14,000+ responsible community banks, credit unions, CDFIs, & economic development financing opportunities in the U.S.

SourceFunding.org merges unparalleled access to the nation's financing opportunities with the nation's first universal e-application for small business funding. The proprietary system improves loan application outcomes, reduces friction for businesses seeking financing, protects the credit scores of small business applicants, and provides the nation's first viable alternative to the many predatory online lenders.

SourceFunding.org is scaling up the successful SourceFunding.org pilot by GSEI and award-winning Short Enterprises from 2011-2015, which facilitated access to $10 million in capital for high impact ventures and initiatives in a community with the nation’s highest levels of poverty concentration.

The platform's national expansion was planned in collaboration with university partners in the Ashoka U Accelerator and with the support of founding investor Janet Davas, mentor with the W.K. Kellogg Foundation and founder of Hatch, LLC, & nationally recognized Liberty's Kitchen.

"We're especially thankful for the support of the brilliant team at the White House Office of Social Innovation and Civic Participation like David Wilkinson and fellow Syracuse University graduate Laura Tomasko," said W. Michael Short. "We're also very thankful for the incredibly inspiring team at Clinton Global Initiative and the Clinton Foundation like Dan Goldberg, Stacey Pellegrino, Geoffrey Wnuk, Rose Tobiassen, Shital Patel, Ruchi Bhargava, Kimberly Lovett, and many others."

"The national expansion announcement was also made possible by our involvement in the Ashoka U Accelerator, which helped us refine our model and formulate our CGI Commitment to include a significant focus on empowering the next generation of high impact entrepreneurs that are unable to access the funding needed to launch and grow their ventures," said Short. "The Ashoka U Commons Accelerator is a world-class program."

Click here to read the original article from Global Social Enterprise Institute.

IN THE NEWS: Newhouse School & Alumnus Develop National Entrepreneurship Initiative

The S.I. Newhouse School of Public Communications at Syracuse University and Short Enterprises have partnered to establish a network supporting entrepreneurs throughout the U.S. The Initiative's primary focus will be the launch of a new funding plat…

The S.I. Newhouse School of Public Communications at Syracuse University and boutique management consultancy SHORT ENTERPRISES have partnered to establish a network supporting entrepreneurs throughout the U.S. The Initiative's primary focus will be the launch of a new funding platform streamlining access to financing from community lenders. The platform is designed to provide a transparent alternative to expensive predatory online lenders and is focused on financial inclusion and economic empowerment in underserved communities.


Newhouse partners with alumnus on CGI-sponsored project to support entrepreneurship across the U.S.

Via Newhouse School Press Release (October 22, 2014) - The Newhouse School at Syracuse University has joined forces with entrepreneur and Newhouse alumnus W. Michael Short on his firm’s latest endeavor with the Clinton Global Initiative America (CGI-A).

Short will announce the launch of this new venture, the Startup Insider Initiative, at the 4th Annual Entrepreneurship Bootcamp for Veterans with Disabilities (EVB) Conference at the CNN Center in Atlanta, October 24-26.

The Startup Insider Initiative, a CGI-A Commitment to Action, will involve the launch of a new e-publication and web platform for entrepreneurs and small business technical assistance and resource providers throughout the United States. CGI-A Commitments to Action are projects that aim to address significant global, national or local challenges.

Newhouse students began working with Short Enterprises on the project in early September and the school’s student-run PR firm, Hill Communications, will assist with the implementation of the public relations campaigns during the roll-out of the project.

“Our students are thrilled to take part in this exciting endeavor,” says Robert Kucharavey, a professor of practice in public relations at Newhouse. “The initiative is giving our students an opportunity to showcase their talents on a high-profile project while learning from a phenomenal social enterprises company started by one of our alums.”

The initiative will feature the best and brightest entrepreneurs and businesses from across the U.S and build a network among participants in order to facilitate opportunities for growth, expansion and job creation. In addition to providing a space for entrepreneurs to connect, Startup Insider Initiative will focus on engaging young women in the entrepreneurial process, supporting social and civic entrepreneurs, fostering an online support community and cross-sector global coalitions in support of youth entrepreneurial programming and supporting the economic empowerment of veterans through entrepreneurship.

“We’re very pleased to have the Newhouse School on board,” says Short. “Bob Kucharavey is one of the most talented and knowledgeable professors I have ever had the privilege of working with and his phenomenal students have already begun to identify effective strategies to engage the project’s key constituencies and I’m so very impressed with the work the students have done so far.”

Short Enterprises is also collaborating and partnering with a number of other organizations on the initiative including the New York State Family Business Center at Le Moyne College, New York State Small Business Development Center at Onondaga Community College and the Martin J. Whitman School of Management at Syracuse University.

The launch of Startup Insider was inspired by Short’s participation in the Clinton Global Initiative America Community Investing Working Group, which is focused on developing actionable strategies to broaden the domestic social finance market in order to use private capital in areas of small business lending, affordable housing, health and community and economic development.

The working group includes leaders from the MacArthur Foundation, Bush Foundation, Ford Foundation, Global Sustainable Finance at Morgan Stanley, Urban Investment Group at Goldman Sachs, U.S. Community Reinvestment Fund, Federal Reserve Board and U.S. Treasury Department, among others.

“Startup Insider presents a unique opportunity to support budding entrepreneurs and assist them with gaining traction and exposure, sharing ideas and accessing crucial resources,” says Short. “We’re fortunate to have the support of a number of great organizations and the EVB conference is the perfect venue to announce the launch of our first Clinton Global Initiative Commitment to Action.”