Mike O’Donnell holds a Bachelor of Commerce degree from the University of Melbourne and an MBA from the Australian Graduate School of Management at the University of New South Wales in Sydney Australia.
He began his career in the United States in 1990 as the executive director of the University of Kansas Small Business Development Center and adjunct faculty in the business school there before taking the helm of the certified development company located in Lawrence, Kansas, in 1997.
In 2000, the opportunity arose to relocate to Colorado and join the nonprofit, mission-based educational lender, Colorado Lending Source, and begin expanding outreach and capital access to new and existing small business owners across the length and breadth of Colorado.
Colorado Lending Source now offers four different types of loans, from $5,000 up to $5.5 million, and additionally provides back-office small business lending assistance to 54 community banks as a Lender Service Provider for Small Business Administration guaranteed loans.
During 2019, Colorado Lending Source facilitated 225 loans to small business owners who created some 1,405 new jobs and had a $330.3 million impact on the Colorado / US economy.
Also, in 2019, Mike received a Lifetime Achievement Award from the Council of Development Finance Agencies for his outstanding contribution to the development finance industry through his career.