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Thrive Impact Fund — General Funding

Flexible financing for BC impact organizations
Last Update: May 18, 2026
View official website
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

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

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

Here are answers to the most common questions about the Thrive Impact Fund — General Funding. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

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