This is our second episode of the She Runs It Panel Discussions, and we talked about Debt Free Funding for your business, and what it means to fund your enterprise. Our panelists have expertise in the areas of crowdfunding, small business grants, venture capitalism, and all of them are passionate about social impact in sustainable, scalable ways.

Click here to listen to the discussion >>

Listen in to get an in depth look at what it takes to apply for funding, why it’s important to think of the long term big picture for your business, how to scale up responsibly, and achieve sustainability. We also talked about what it means to be a woman of color in this very competitive space.

Included below are show notes, read-along transcript, and contact information of all the panelists.


Key Points from this Episode:

Sustainability for Social Entrepreneurs, Community Engagement

  • [6:15] Melinda shares how sustainable practices can help business and organizations stay not only viable but profitable for the long term
  • [8:58] With crowdfunding, Khalida talks about starting with the basics, like what to fund and why, how to connect with your customers, and engage with them in order to build a scalable business
  • [12:12] Shakeara explains how minority organizations should look at the necessity of their ventures and programs towards legacy building

Responsibility toward Funders and Investors

  • [16:00] Melinda and Khalida discuss how to avoid appearing like a risky investment, and instead focus on the returns for the funders
  • [20:12] Shakeara expands on the idea of starting small, building up a track record, and building sustainability year after year

Funding for Social Impact Causes and Nonprofit Spaces

  • [20:34] Melinda, Khalida and Marie dive into the education gaps regarding available sources of funding, and how being on the social front can make or break a campaign
  • [31:00] Shakeara talks about the importance of tracking data, recording successes and failures, and iterating organizational processes

Equity Funding through Investors and Stakeholders

  • [32:29] Melinda expands on how equity investment works, and how it can be used as a potential pre-step to getting a venture capital fund
  • [36:05] Discussion about various types of investors, with different strategies, and expectations of outcomes for the stakeholders

Rewards-based and Donation-based Crowdfunding

  • [39:02] Khalida goes deeper into some crowdfunding campaign strategies that don’t involve investors
  • [40:04] Examples of MVPs (minimum viable products) that can be started small through crowdfunding to assess viability
  • [44:38] How social capital can play a big role in the continuity of a product

Timelines and Communication for securing Grants and Funding

  • [47:24] Shakeara talks about the grant proposal writing season for educational grants and summer requests
  • [49:44] The importance of continual communication with investors, social backers, and potential customers

Being a Woman of Color in the Venture Capital space

  • [56:24] Discussion about Project Diana, Beyond the VC Venture Funding gap study
  • [1:02:02] Specific examples of venture capitalists who support people of color, women of color and LGBTQ business owners

Initial Steps to get started with Crowdfunding and Grant funding

  • [1:05:44] Having a program, getting clear about what needs to be funded, having a proof of concept

Wellbeing of Social Service Providers and Changemakers

  • [1:11:51] The panel discusses the importance of the mindset of an inner wellbeing in order to take care of basic needs, feeling mentally strong and emotionally stable
  • [1:16:22] Supporting the community to invest, grow and generate VCs in our own space


Please visit and say Hello to each of the Panelists:

Melinda Jackson, Social Impact Coach

WEBSITE: www.melindamakeschange.com

FACEBOOK: Melinda Jackson | Facebook

INSTAGRAM: www.Instagram.com/melsworldtravels

EMAIL SIGNUP: https://mailchi.mp/4cdb0c9f240b/emailsignup

PODCAST: https://anchor.fm/peoplemakingthingsbetter

FREE FACEBOOK GROUP: https://www.facebook.com/groups/Servicecentereddreamlife/


Khalida Dubose, Founder and Owner, Crowdfund Savvy

WEBSITE: Under reconstruction

INSTAGRAM: https://www.instagram.com/khalida_dubose/

FACEBOOK: https://www.facebook.com/Khalidajd

TWITTER: https://twitter.com/KhaBose

LINKEDIN: https://www.linkedin.com/in/khalida-dubose-l-i-o-n-b5ba55180/


Shakeara Mingo, CEO and Founder, Focused Vision Consulting

WEBSITE: www.focusedvision.net

FACEBOOK: https://www.facebook.com/shakeara.mingo

TWITTER: https://twitter.com/FocusedVisionC2


Download the Transcript

Join the She Runs It Community



Apply now for Facilitator Certification: Cohort 3 starts in 2024