Closed
Thrive Impact Fund — General Funding
Flexible financing for BC impact organizations
Last Update: May 18, 2026
Funding available
$ 50,000 - $ 500,000
Timeline
- Receipt of requests is now 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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Opportunity Score
Moderate potential, but conditions must align.
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
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Information and cultural industries
- Professional, scientific and technical services
- Educational services
- Health care and social assistance
- Arts, entertainment and recreation
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.
Contacts
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.
Who can I contact for more information about the Thrive Impact Fund — General Funding?
You can contact Thrive Impact Fund by email at none or by phone at none.
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