What is TIF?

Thrive Impact Fund is a place-based fund that sees untapped potential in local communities and a desire for investors to see their money make both financial and impact returns.
Since 2014, Scale Collaborative has been building capacity in impact organizations through coaching and consulting, and programs such as Thriving Non Profits, Social Venture Bootcamp, and seCatalyst. As experienced social enterprise leaders, we understand the financial challenges faced by social enterprises looking to grow. TIF was developed to address this challenge and realize investment opportunities that are currently overlooked and under-capitalized.
TIF focuses on providing flexible and patient loans, providing the right capital at the right time to help social enterprises grow.
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A social enterprise seeks to have a positive social, cultural or environmental impact through its operations, and/or the sale of their products and services. Social enterprises and impact organizations can take many different legal structures, including for-profit social enterprises, non- profits, charities, and cooperatives.

Who is TIF?

As a subsidiary of Scale Collaborative, TIF has access to Scale’s expertise in social enterprise development and backbone organizational support. Here are the staff leading the development and operations of Thrive Impact Fund:
Kristi Fairholm Mader
Lead, Investor Relations and Investee Support

Kristi Fairholm Mader brings 20 years of executive leadership in the non-profit and social enterprise sector with a track record of growth and scaling successful models.

Kristi Rivait
Lead, Investor Relations

Kristi Rivait is a social entrepreneur who brings 15+ years of executive-level experience, with a proven track record of successfully raising capital. She has coached dozens of organizations and enterprises towards greater revenue stability and impact.

Emeline Le Guen
Impact Investment Manager

Emeline brings 6 years of direct experience in impact investing into non-profit and social ventures. She has strong financial expertise in equity-like debt and community-based financing, and vast national and international impact investing networks.

Robyn Welsh
Marketing and Communications Coordinator

Robyn brings 4 years of experience in journalism, marketing and communications. She is passionate about social change and supporting sustainability, resiliency and community well-being.

What makes us unique?

Place Based*

We live on Vancouver Island and love this place and space. And we see the challenges faced by Vancouver Island are unique and also the same as other communities are facing. TIF provides an opportunity for investors to make a difference here, on the Island and surrounding Islands.

Impact First

Impact first means financial returns do not come at the expense of positive impacts and the overall goal and mission of the investee. In our increasingly stressed world, impact first investments are demonstrating better and more resilient financial returns. For TIF, impact first is not just a desire to support positive change in the world, it is also a good investment policy.

Women Led

Less than 2% of funds under management are directed by women. 80% of impact organizations are led by women. TIF invests in projects that bring change to communities and is part of changing how funds and investments are directed.

Flexible Financing

Revenue-based financing is one financial tool TIF uses to provide capital to investees that shares the success with investors as they grow, through a share of earned revenues. It is not traditional debt nor equity, and it fills an important gap for social enterprises.

Evergreen

Thrive Impact Fund is designed to exist in perpetuity. Funds invested are loaned out, and upon repayment, are circulated out again, and again, and again. A dollar invested in TIF may be reinvested up to 3 times during the initial term period. An evergreen approach means that TIF will be sustainable well into the future.

Regenerative

The world needs solutions that put people and the environment first. Future growth requires regenerative solutions; solutions and enterprises that add to our planet and communities. Regenerative means we ask difficult questions such as ‘who benefits’, ‘where do profits go’, and ‘what impact is our money having on the world,’ and look for investments that provide answers focused on people, planet, and communities.

*Land acknowledgment: We respectfully acknowledge that the offices of the Thrive Impact Fund are located on the unceded, ancestral, and traditional territories of the lək̓ʷəŋən-speaking peoples, now known as the Songhees and Esquimalt Nations and W̱SÁNEĆ peoples.

What We Invest In

HOUSING SOLUTIONS
FOOD SECURITY
DIVERSE ENTREPENEURS
CLIMATE SOLUTIONS
RESILIENT COMMUNITIES
TIF loans are flexible, patient, and take a different approach to loan repayment guarantees other than restrictive collateral requirements. We aim to remove barriers to capital for non-profits, charities, and enterprises operated by people who traditionally are overlooked by conventional lenders.
LEARN ABOUT OUR LOANS

Thrive Impact Fund is a
subsidiary of Scale Collaborative

300-722 Cormorant Street,
Victoria BC, V8W 1P8

We respectfully acknowledge that the offices of the Thrive Impact Fund are located on the unceded, ancestral, and traditional territories of the lək̓ʷəŋən-speaking peoples, now known as the Songhees and Esquimalt Nations and W̱SÁNEĆ peoples.