Thrive Impact Fund: Thrive Impact Fund
Place-based investments designed to remove barriers to financing
Thrive is a BC place-based, first-time investment fund focused on supporting social impact organizations and communities across BC. As a place-based fund, Thrive plays a crucial role in resourcing local communities to lead solutions to their unique challenges. Led by women and designed by non-profit and social enterprise leaders who understand the need for patient financing, Thrive Impact Fund intentionally removes barriers to financing for non-profits, charities, co-operatives and for-profit social enterprises, as well as equity-deserving communities including women, Indigenous and newcomer entrepreneurs.
Thrive Impact Fund uses bridge financing, flexible loans, and revenue-based financing as key tools for helping investees overcome barriers to traditional financing, while drawing from wide networks and firsthand entrepreneurial experience to identify investees and help them chart their path towards deeper impact and financial strength. Boann’s investment in Thrive Impact Fund reflects our commitment to improving access to capital in underserved regions and building a strong, nation-wide social finance marketplace.