The Fordham Foundry, a collaborative program between New York City’s Department of Small Business Services (SBS) and Fordham Schools of Business’ Center for Entrepreneurship, welcomed friends, students and partners to an open house on March 20.

The gathering was held at a 30,000-square-foot facility adjacent to Fordham’s Rose Hill campus that combines in a single location the Foundry, NYC Business Solutions services, and Workforce1 Career Center services for job seekers.

Joseph M. McShane, S.J., president of Fordham, called the Foundry, which is part of the Gabelli School of Business, a great example of how the University is recommitting itself to the Bronx.

From the offices’ 7th floor, north-facing windows, he pointed out Montefiore Medical Center, 1.5 miles away yet easily visible as the host of Fordham’s WFUV radio station antenna. The medical center is also close to Mosholu Parkway, where fashion icons Ralph Lauren and Calvin Klein both grew up. They are examples of the entrepreneurial spirit of the borough that the Foundry will tap, he said.

“Ogden Nash was wrong. ‘The Bronx? No Thonx’ is wrong. It’s yes to the Bronx, because it’s yes to the future,” he said.

“This is a day for celebration. Never doubt the Bronx. Never underestimate the Bronx, never sell the Bronx short.”

Center co-directors Christine Janssen-Selvadurai, Ph.D., director of the entrepreneurship program at Gabelli, and Mitchell Fillet, lecturer in finance in the Schools of Business, also spoke, with Janssen-Selvadurai highlighting the Foundry’s goals:


• to support the Fordham community in developing and launching businesses;

• to create businesses that remain in the Bronx and spark economic growth and job creation;

• to serve the greater Bronx community of entrepreneurs.

Donna Rapaccioli, Ph.D., Dean of Gabelli, introduced three entrepreneurs at the gathering who are currently working with the Foundry, including Rhona Silver of CaterBid, who catered the event.
“What comes to my mind is the word promise, because everytime I’m in this space, I think about the promise that each of our students has,” she said.

Robert Walsh, FCRH, ’81, GSAS ’83, commissioner of New York City Department of Small Business Services, recalled first sitting down with New York City Mayor Michael Bloomberg to talk about the partnership.

“We are a college town. How can colleges and universities open their doors to make our city a better place? As he always does, Father McShane said it’s a shared value, not only what we need from the community, but what the community needs from us,” he said.

“We’re all in here together, and we could end up building something powerful.”