Impact Measurement

Thrive Impact Fund’s impact measurement method will collect information to share the story on:

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

2021 Impact Report

As outlined in Thrive Impact Fund’s 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 impact reports outlining the public benefits provided through our investments.

How We Invest

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