Thrive Impact Fund Invests in…

Social enterprise growth and/or assets acquisition.
There needs to be a revenue stream that our investment will help to grow.

Organizations with at least 1 year of earned revenue.
This income can be from fee for service, contracts, social enterprise income, or revenues from assets.

Thrive Impact Fund loans are flexible, and patient, filling an important financing gap for social enterprises.

This brochure provides a summary of information for prospective investees about the Thrive Impact Fund loan offerings.

Investment Themes

Early Revenue

Business Expansion

Asset Acquisition

Business Acquisition

Social Purpose Real Estate

Thrive Impact Fund is part of a growing ecosystem of supports that Scale Collaborative, Purppl and partners provide. From hands-on coaching to capacity-building programs, Thrive Impact Fund is an impact investment fund which combines flexible financing alongside support to help investees succeed.

The Process




Up to 3 years

Flexible grace period, up to 1 year

One-step application process



Investments from $50K to $100K


Rates between 6-10%

Up to 6 years

Flexible collateral requirements

Tailored interest-only periods

Two-step application process


Investments from $100K to $700K


Rates between 4-5% of revenue with a multiple of 1.5-2x

Up to 7 years

Flexible terms depending on revenue trajectory

Pay as you grow model

Two-step application process

Investments from $100K to $700K


Rates 1.5-2.5%, up to 75% of PO/invoice amount

Short-term loans

Bridge to grant, invoice, or tenant improvement

Customized investment


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:


Thrive Impact Fund investees enter a community of impact organizations and entrepreneurs. For the first year of investment, investees join the peer community on a monthly basis, to share lessons learned, 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 and provides expert support and coaching to investees alongside financing, to help them realize unique opportunities and/or mitigate unforeseen challenges. As part of active management practices, investees will have regular check-ins with Thrive Impact Fund staff to connect them to the appropriate mentor or coach, depending on the need.


Thrive Impact Fund is an impact investment fund which invests in impact organizations based in British Columbia. They can be non-profit or for-profit social enterprises.

Thrive Impact Fund will finance organizations with at least a one-year track record of proven earned revenue. Existing revenue streams are necessary to ensure the repayment of Thrive Impact Fund’s loans. Grants are better suited to support your start-up phase.

We believe in financing entire projects, and we know that organizations need capital to purchase assets and equipment as well as day-to-day operations. With that perspective, Thrive Impact Fund’s financing includes working capital to cover your expert service costs, staff expenses, inventory, etc. Expenses like these are eligible for financing.

Thrive Impact Fund is an impact investment fund which provides debt instruments to investees in the form of term loans, interest-only loans, and revenue-based financing. These financial tools are tailored to the organization’s projected growth profile and repayment capacity, focusing on shared success.

Early Revenue Loans are meant to help social enterprises start their revenue diversification journey. These loans are very straightforward, affordable, and unsecured, minimizing pressure on the investee to give the project the best chances of success.

Flexible Term Loans and Revenue-Based Financing are made for larger and more complex projects by mature organizations. These loans are flexible and designed to adapt to multiple growth trajectories, offering various repayment options with risk adjusted pricing.

Many solid projects face the inability to provide collateral and guarantees to unlock financing. Thrive Impact Fund is a risk-tolerant partner and if you qualify for our unsecured loans, you will not be asked to offer personal guarantees. At Thrive Impact Fund, we believe that the repayment capacity of an investee relies firstly on matching the right financial tool to each project and provide hands-on support to the organization towards success.

The application fee is $250 for Early Revenue Loans. For Growth & Acquisition loans over $100K, Thrive Impact Fund has a 2 step process involving a $250 fee for the preliminary analysis and an additional $750 fee for the secondary step.

Thrive 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.”

Jeff Ward, Animikii Indigenous Technology

“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.”

Kat Kavanagh, Water Rangers
“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.”
Tanya King, The Makehouse Co-op
“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!”
Bradley T. Morris, Majik Media & Majik Kids

“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!”

Paige Whitehead, Lux Bio

“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.”

Laura Gair, Victoria Community Food Hub Society
Scale Collaborative

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.