Thrive Impact Fund
Email: eleguen@scalecollaborative.ca
Website: www.thriveimpactfund.ca
Phone: 250-590-5179
Office Headquarters Address:
300-722 Cormorant Street, Victoria BC, V8W 1P8
Background
Year Founded: 2021
Mission & Mandate: Investing in high-impact organizations and social enterprises.
Description: Thrive Impact Fund invests in and supports impact organizations and social enterprises generating positive social, environmental, or cultural benefits on Vancouver Island and beyond.
Fund Characteristics
Thrive Impact Fund
AUM: $10 million, goal
Vintage year: 2021
Closing year: Evergreen
Fund term: 10 years
Asset class: Private debt
Geographic scope: Local, Vancouver Island
Committed capital: $1 million
Average investment size: $45,000 for early revenue loans, $350,000 for growth and acquisition loans
Investee type: All
Investment stage: Early revenue and mature growth stage