How We Invest
We invest in non-profits, co-operatives, and for-profit social enterprises generating positive social and environmental impact. We provide flexible, patient financing tailored to impact organizations, along with hands-on support, peer coaching, and mentoring to help you succeed.
Who We Invest In
Incorporated organizations based in or serving British Columbia with a revenue stream or asset that generates income. For term and revenue-based financing, organizations typically have at least one year of earned revenue.
Investment Themes
Early Revenue
Bridge Financing
Business Expansion
Asset Acquisition
Business Acquisition
Social Purpose Real Estate
We offer a range of flexible and patient financing options to support different stages of growth and investment needs. From early revenue and bridge financing to expansion, acquisition, and social purpose real estate, our financing is designed to help impact organizations grow their revenue and scale their impact.
The Process
Financing
| BRIDGE FINANCING |
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Daily rate for PO invoicing |
| Investments up to 75% of contract (etc.) amount Maximum loan size of $500,000 |
| FLEXIBLE TERM LOANS |
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Rates between 6-10% |
| Investments from $50K-$500K |
| REVENUE-BASED FINANCING |
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Rates between 3-5% of revenue with multiple of 1.5-2x 3-5 years Pay as you grow model |
| Investments from $100k-$400K |
Support
Thrive Impact Fund knows that just money is not enough. Amazing enterprises succeed with the support of the community and mentors. As an impact investment fund, Thrive Impact Fund brings together the power of capacity, community, and expertise to help investees succeed. Here’s what to expect:
Community
Our investees join a community of impact organizations and social entrepreneurs. Investees attend gatherings on a monthly basis to share lessons, build connections, and learn from experts on areas of business development and growth. This peer community is nurtured and accessible for the entire duration of the investment relationship.
Expert Support
Thrive Impact Fund is an hands-on investor. We provide expert support and coaching to our investees alongside financing to help them realize opportunities and mitigate challenges. As part of our active management practice, investees are connected with the right mentor or coach for their unique need and receive regular check-ins with our team .
FAQs
What Our Investees Say
“We are excited to work with the Thrive Impact Fund and are appreciative of how collaborative the investment process is. I am particularly looking forward to learning from a group of purpose-driven businesses as part of the cohort of investee organizations. We know we’re working with an organization that understands what social enterprises need to grow, and are working towards creating a strong ecosystem of like-minded entrepreneurs.”
“The investment from Thrive has been a game-changer for us as we grow our social enterprise non-profit in the environmental scene. It’s not just about the financing that is helping us grow sustainably and supports us as we scale up. Coaching and support from the team and its mentors have been pivotal in helping us identify pain points, prompting us to think bigger and more bravely, and have been the push we need to make a big difference in water monitoring.”
“The Thrive Impact Fund team helped us understand all the ins and outs of the importance of our impact in the community, environment, and economy. Our conversion to a worker’s co-op was a natural step forward that would include these aspects. With the Thrive Impact Fund, we know we have the support needed to make our dream co-op a success.”
“I’m grateful for how supported we feel by the Thrive Impact Fund team and how excited they are about our work. We also appreciate the revenue based model—which was one of our biggest attractors to working with Thrive Impact Fund—it is a fair and game-changing way to get in the game with the money we need to grow. It really feels like we’re pulling our dream team together here to make Majik with!”
“Financing is what pushes a company towards success. Thrive Impact Fund supports impact-focused companies like Nyoka Design Labs access the type of financing that is often only available to later stage companies. Having a diverse financing strategy is already helping accelerate our impact, boost our revenue, and helps me sleep at night. Thank you so much to the Thrive team for supporting our success!”
“We are so grateful for the support we’ve received from Thrive Impact Fund, and we’re just getting started. Financial support is essential while we’re growing our venture, so we can build a strong team to support our local food community in a sustainable and equitable way. The peer group and coaching will help us build our expertise; we are excited and feel we’ve started on a good path together.”
“Investment from Thrive will help accelerate Future of Good’s next phase of growth and impact. Expanded learning experience offerings, enhanced online user experience, and better onboarding and engagement of teams are a few key features that Future of Good’s members can expect over the coming months. We appreciate the financing, the trust and the relationship that Thrive is building with us as an organization.”
We respectfully acknowledge that our offices are located on the unceded, ancestral, and traditional territories of the lək̓ʷəŋən-speaking peoples, also known as the Songhees and Xʷsepsəm Nations, who have historical relationships with the land that continue to this day.