# Money4YOU shifts towards participatory grant-making for 2023 Dragons Den

- Link: https://fundraising.co.uk/2023/08/09/money4you-shifts-towards-participatory-grant-making-for-2023-dragons-den/
- Published: 2023-08-09T09:30:00+01:00
- Author: Melanie May

**Money4YOU’s annual grant making event Dragons Den will this year give more grant
funding to BAMER-led nonprofits, aiming to co-ordinate the redistribution of £200,000
in grants via a blend of funder and community contributions.**

To enable more people to support and contribute to the impact of Dragons Den 2023,
[Money4YOU](https://www.money4you.org/) is today (9 August) launching a [community crowdfunding campaign](https://www.crowdfunder.co.uk/p/money4you-dragons-den-2023).
Progress towards the overall funding goal of £200,000 will be updated throughout
the crowdfunding campaign, which will run until the end of September.

Through its focus on participatory grant-making, Money4YOU aims to centre the voices
and needs of minoritised communities in the decision-making process, reclaiming ‘
skin in the game’ for people of colour and BAMER-led nonprofits within the sector.

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Carol Akiwumi MBE, CEO and Founder at Money4YOU said:

> “This year’s Dragons Den is a chance to be part of a powerful movement for changing
> the grant-making scene. We have a vision in which the power to award grants rests
> with the amazing people who work to build and transform their own communities,
> not just with the trusts and foundations which have historically dominated the
> space. And so this year, for the very first time, we’re inviting our audience 
> to come to the table, our table, and contribute to the funds we distribute at 
> Dragons Den.
>  
> “It’s really important for us to say that every contributor has an equal voice
> in crowdfunding, regardless of the amount of their contribution. With the support
> of our wonderful community, at Dragons Den, the ‘funder’ awarding grants will 
> be a diverse collective with direct experience of the problems we’re aiming to
> solve. Everyone around that table has an equal part to play in directing the money
> we raise to where it can make the greatest impact.
>  
> “We’re excited to reveal a great deal more about this new direction for our annual
> event on the day – 20 October this year.”

Dragons Den details:

 * **Dragons Den 2023 Event Date**: 20 October 2023
 * [**Crowdfunding Campaign**](https://www.crowdfunder.co.uk/p/money4you-dragons-den-2023)**
   Launch**: 9 August 2023
 * **Crowdfunding Campaign End Date**: End of September 2023
 * **Funding Goal**: £200,000
 * **Contact Information**: [in**@*******ou.org](https://fundraising.co.uk/2023/08/09/money4you-shifts-towards-participatory-grant-making-for-2023-dragons-den/in**@*******ou.org)

As always, the awards will be decided on the night through a mix of audience voting
and a panel of grant-makers.

Dragons Den celebrated its tenth anniversary in October last year by distributing
three £20,000 grants, two £10,000 grants, and two £5,000 grants to BAMER-led non-
profit organisations.