Closed
Source verified July 23, 2026
Thrive Impact Fund — General Funding
Flexible financing for BC impact organizations
Funding available
$ 50,000 - $ 500,000
Deadline
Closed
Location
British Columbia, Canada
Overview
Thrive Impact Fund provides flexible financing for impact organizations in British Columbia. It supports projects such as bridge financing, term loans, revenue-based financing, expansion, asset acquisition, business acquisition, and social purpose real estate.
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At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Increase social or community impact
- Increase production or service capacity
Eligible Funding
- Maximum amount : 500,000 $
- Minimum amount : 50,000 $
- Up to 75% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- British Columbia
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Bridge financing projects.
- Business expansion.
- Asset acquisition.
- Business acquisition.
- Social purpose real estate financing.
Documents Needed
- Investment application
- Supporting documents for due diligence
- Documents reviewed during assessment
Official resources
Eligibility
Who is eligible?
- Non-profits
- Co-operatives
- For-profit social enterprises
Who is not eligible
- Start-ups without at least one year of earned revenue.
Eligible expenses
- Working capital for day-to-day operations.
- Asset and equipment purchases.
- Expert service costs and staff expenses.
- Inventory and other project-related operating costs.
Eligible geographic areas
- British Columbia
Selection criteria
- Eligibility requirements are met.
- Project and financing needs are discussed during preliminary assessment.
- Due diligence includes document review and risk analysis.
- Approval depends on Investment Committee and Board review.
How to apply
- Step 1: Send an inquiry
- Complete the online inquiry form.
- Provide initial information about your organization and financing needs.
- Step 2: Preliminary assessment
- The team reviews the inquiry and contacts eligible applicants.
- Discuss your project and financing needs.
- Step 3: Invitation to apply
- Submit a full investment application if invited.
- Pay the application fee at this stage.
- Step 4: Due diligence
- Your application is reviewed through document review and risk analysis.
- The Investment Committee considers the file.
- Step 5: Board approval and funding
- If approved by the Board, loan agreements are executed.
- Funds are then disbursed.
Processing and Agreement
- Applications are first reviewed through an inquiry and preliminary assessment.
- Qualified applicants are invited to apply and then go through due diligence and Investment Committee review.
- Final approval is made by the Board before loan agreements are executed and funds are disbursed.
- Impact reporting is carried out after financing is approved and delivered.
Additional information
- An application fee of $250 is required.
- If approved, additional drawdown and document fees apply to cover legal costs.
- No personal guarantees are required.
Frequently Asked Questions about the Thrive Impact Fund — General Funding Program
What is the Thrive Impact Fund — General Funding?
Thrive Impact Fund provides flexible financing for impact organizations in British Columbia. It supports projects such as bridge financing, term loans, revenue-based financing, expansion, asset acquisition, business acquisition, and social purpose real estate.
How much funding can be received?
Thrive Impact Fund — General Funding Funds up to 75% of admissible expenses, capped at $500,000 per project.
Who is eligible for the Thrive Impact Fund — General Funding program?
To be eligible for the Thrive Impact Fund — General Funding program, you must:
Incorporated and BC-based or BC-serving.
Generates income through revenue or assets.
At least one year of earned revenue for some financing types.
What expenses are eligible under Thrive Impact Fund — General Funding?
Bridge financing projects.
Business expansion.
Asset acquisition.
Business acquisition.
Social purpose real estate financing.
Where is the Thrive Impact Fund — General Funding available?
The Thrive Impact Fund — General Funding program is available the province of British Columbia.
Is the Thrive Impact Fund — General Funding a grant, loan, or tax credit?
Thrive Impact Fund — General Funding is a Loans and Capital investments
Who are the financial supporters of the Thrive Impact Fund — General Funding?
Thrive Impact Fund — General Funding is funded by Thrive Impact Fund