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
Financing
| EARLY REVENUE LOANS |
|---|
|
Up to 3 years Flexible grace period, up to 1 year
|
| Investments from $15K to 100K |
| FLEXIBLE TERM LOANS | REVENUE-BASED FINANCING |
|---|---|
|
Up to 6 years Flexible collateral requirements Tailored interest-only periods |
Up to 7 years Flexible terms depending on revenue trajectory Pay as you grow model |
| Investments from $100K to 700K |
FAQs
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.”
“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!”
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
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.
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.