Impact Measurement

Collecting information to share the story of:

How investments generate local economic benefits

How investees’ work contributes to the United Nations Sustainable Development Goals (UN SDGs)

How investments support the overall financial resilience of impact organizations and social enterprises we invest in

Thrive Impact Fund Impact Report 2022 Cover

2022 Impact Report

Thrive Impact Fund enjoyed its first full year of operations in 2022. During this year, the fund grew to $2.4M in investment, had 77 inquiries and deployed $1.5M to seven social enterprises.

We utilize our extensive impact and entrepreneurial experience and deep networks to identify and support investees, helping chart their path towards success. Our rapidly changing world needs innovative and resilient impact enterprises, and Thrive Impact Fund connects values-aligned investors with impact organizations, delivering high-impact and steady financial returns.

2021 Impact Report

As outlined in our impact measurement framework, we collect data alongside several metrics and have drawn upon IRIS+ and the SDGs to standardize as much as possible for overarching metrics. The key areas of data collection are:

  • Application process
  • Loan agreements
  • Quarterly and annual financial reporting
  • Quarterly investee reporting
  • Annual investee reporting

As a BC Benefit Corporation, Thrive Impact Fund will post annual reports outlining the public benefits provided through our investments.

How We Invest

We provide patient and flexible loans to organizations with solid revenue generation and growth opportunities.
We aim to fill capital gaps and partner with other investors and financial institutions whenever possible.
We look for investments that strengthen organizations and align with the UN Sustainable Development Goals:
As any place-based fund, we will target priority SDGs addressing our communities’ most important challenges. Six key SDGs have been identified to direct our investments.

Thrive Impact Fund is a
subsidiary of Scale Collaborative and Purppl

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.