Episode 6 - Shake up your Funding and Income Generation Plans

You’re in for a treat with our jam-packed 6th podcast where we take a deep dive into Funding and Income Generation Plans for your social enterprise. We explore some of the diverse ways you can generate income, with inspiration from a range of community changemakers at different stages of their socent journey, a panel of inspiring women social entrepreneurs with innovative approaches to income generation and wise words from our co-founder @Nickala5 on the 5 elements of an income generation cocktail! 

Ensuring you have a sustainable income stream is vital for any business, and with the majority of social enterprises heavily reliant on grant funding this can be a constant challenge, especially in the current climate. Thankfully, we picked the brains of our co-founder @Nickala5 on the diverse ways to generate income from selling a product and services to funding and fundraising – everyone has a unique income generation cocktail! 

We interview a panel of fabulous female social entrepreneurs and find out the challenges they’ve experienced with funding and generating income, and the innovative ways they’ve diversified to grow their business. We hear from the inspiring community changemaker Lindsay @ReddyLane Market Garden on how she got her business up and running, the alternative methods to raising finance from Laura and Rachel @careauxofficial and contributions from Kelly @_H_E_A_R_T__, Natasha @YourEarthClinicand Yvonne @ Sawa BBQ. 

Finally we share some vital lessons from community changemakers at different stages of their social enterprise journey – from what type of income stream they’ve decided to chose and why to where they get the vital support they need to build a sustainable business.
Some of the resources mentioned included the free Adapt and Thrive virtual summit:  https://shareimpact.org/adaptthrivewelcome
and Yvonne mentioned support from GMCVO: https://www.gmcvo.org.uk/gmsocinvest 

And if the podcast wasn’t enough – we’ve got just the top-up you need with our Income Generation Strategies event on Wed 29th April where we’ll explore top tips on how to diversify your income with sustainability in mind.  We’ll also share resources and other support available in light of Covid-19 to ensure you have the toolkit you need to get your business moving. 

For more info on our upcoming events, visit our eventbrite page. 

Thanks to all our fab contributors involved in this podcast! 

Lindsay @@reddylane Market Garden, Laura and Rachel @careauxofficial, Yvonne @ Sawa BBQ, Kelly @ @_H_E_A_R_T__, Natasha @@YourEarthClinic, Emma @Calmcic, Saima @ Amazeballs, Rachel @One Small Step, Gemma Grattan @ The Bee Thrive