Portfolio
Thrive Impact Fund’s portfolio is comprised of organizations and businesses solving today’s most challenging problems.
Nada Grocery Inc.
Revenue-based financing
Package-free and sustainable grocery store
Nada Grocery Inc. is a B Corp social enterprise, providing package free grocery solutions with locally sourced and sustainable products. They pivoted their model during the pandemic and added delivery services to their offer and are now expanding throughout BC.
Impact proposition: on top of diverting millions of containers from landfills and recovering tons of food in their meal program, Nada is leading the way for a package free grocery industry, spreading best practices through their initiative ‘Powered by Nada.’
Nyoka Design Lab
Early revenue loan
Sustainable and reusable bioluminescent solutions
Nyoka Design Lab. is a woman-led B Corp-to-be social enterprise, based in Comox Valley on Vancouver Island, focused on providing a sustainable alternative to the plastic glow sticks and other bioluminescent devices used for safety and industrial purposes.
Impact proposition: their sustainable technology allows Nyoka to divert tons of plastic and toxic waste from landfills and to develop natural bioluminescent solutions with tremendous industrial applications.
Water Rangers
Early revenue loan
Citizen-led water quality monitoring for BC waterways
Water Rangers is a Canada-wide non-profit organization, offering user-friendly water-testing kits and a community-sourced platform to monitor the quality of Canadian waterways. In 2021, they scaled up their activities to British Columbia with Vancouver Island as a pilot region.
Impact proposition: through trainings and education programs Water Rangers promotes a citizen-led approach to water quality, with crowdsourced data helping increase common knowledge towards sustainable waterways.
Majik Media/Kids
Revenue-based financing
Fair publishing for Salt Spring Island artists and writers
Majik Media is Salt Spring Island based social enterprise, providing digital support and platforms to change makers. In 2021, they launched their kids books collection Majik Kids, with audio stories and books offering social change messages, written and illustrated by local artists.
Impact proposition: by offering a fair publishing model where they pay artists three times more than market practice, Majik Media/Majik Kids are shifting how the publishing system works and providing recurring revenue to the arts community on Salt Spring Island.
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.