Thrive

Help your venture to Thrive.

Applications are now open for Thrive: Access to employment until 14th February 2019.

Thrive is our new social accelerator helping ambitious social ventures to scale.

We will support over 25 social ventures a year through Thrive. We will support two groups of social ventures developing solutions in two distinct areas:

  • Improving access to employment for those distant from the labour market
  • Developing products and services for an ageing society.

We combine six months of intensive support with the opportunity to secure investment of up to £50,000 for your social venture, either through UnLtd or our partners. This gives you the chance to grow your business, and ultimately deliver greater social impact.

Thrive builds on the learning from our Big Venture Challenge work, which supported 120 social ventures to collectively improve the lives of 1.24 million people in the UK and raise over £13m of investment to grow their businesses.

How we can support you

We know that social ventures face barriers as they look to scale. Our research tells us that the main barriers to growth are: accessing capital, establishing routes to market, finding talent, and measuring impact.

We design our support around these, and other, areas that we know are vital to enable growth. Each venture on Thrive will get 6 months’ support from a dedicated Venture Manager as we know this hands-on consultative led approach is vital for ventures as they scale. Alongside this, we provide peer-to-peer networking opportunities, high level connections, and access to appropriate finance.

Tailored support

You will have access to technical business assistance, connections and valuable peer-to-peer learning through UnLtd's expertise or trusted external consultants. We work with a pool of specialist consultants to meet the needs of individual ventures.

Connections and pro-bono support

We provide connections to mentors, coaches and supporters that suit your venture's needs. Our partners include strategy consultancies and PR agencies. You will also have access to Hogan Lovells legal support.

Access to finance

Where appropriate, we will support you prepare for investment, including the opportunity to secure repayable capital of up to £50,000 for your social venture. 

Tackling access to employment

Thrive: access to employment is our accelerator focused on improving employment opportunities for those distant from the labour market.

While the UK currently holds record employment levels of 75%, many people still suffer barriers into a good job. Disabled people are twice as likely to be unemployed compared to non-disabled people and poverty rates amongst households with a disabled person are over 10% higher than households without.

The social sector now employs over 1 million people: with a growing young sector, social ventures will be key to helping the UK achieve full and good employment for all. We know that social ventures have brilliant solutions to help support people into employment and we want to help them thrive.

Who we work with

Thrive is for social ventures using business solutions to offer the most innovative ideas to improve access to employment for people distant from the labour market. That could be by providing training and support into employment, or through direct employment opportunities. Within this, we have a particular focus on two key areas:

  1. Ventures supporting disabled people into employment, supported by Scope.

  2. Ventures improving access to employment in the East End of London, supported by UBS

Please note: The programme is not limited to these two areas. Please see below for full programme criteria.

You can find out more about the ventures in our 2018 cohort booklet Meet the Thrive social entrepreneurs,

Apply now

Solutions for an ageing society

Thrive: solutions for an ageing society is our new accelerator supporting people in later life. The programme is currently closed for applications and will reopen again in Summer 2019.

Social entrepreneurs can offer innovative and inclusive solutions that contribute to aging well. We are looking for social ventures working to improve outcomes for our ageing society around independence, connectedness and health & wellbeing. We also interested in ventures having a positive impact directly for carers and the care system.

We know that social ventures have brilliant solutions to help support people in later life and we want to help them thrive.

Criteria

To apply for any Thrive programme your venture must:

  • Be based and delivering impact in the UK
  • Be a social purpose organisation with a commitment to delivering social impact in this area
  • Have a trading and social impact track record of at least two years
  • Be able to fully commit to the 6-month programme through regular meetings with your Venture Manager, online learning sessions and peer learning events.
  • Have at least one member of staff working full time on the business
  • Have any legal incorporated limited liability form. Companies Limited by Share will need to have clear mission lock in place or be open to including one as part of the programme. Find out more in our Spotlight paper Profit, Purpose, Impact: Mission locks insights from practice.

For access to employment

You must be working to increase access to employment, through training or job opportunities, for people that face barriers to work, such as, but not limited to:

  • Disabled people (including learning disabilities)
  • Homeless people, or those in temporary accommodation
  • Ex-offenders and people with criminal convictions
  • Long-term unemployed
  • People recovering from addiction
  • Refugees
  • Young people not in education, employment or training (NEET)   

For solution for an ageing society:

Your venture should focus on solutions for an ageing society around:

  • Independence
  • Connectedness / reducing loneliness
  • Health & wellbeing – physical and mental
  • Carers and/or the care system

Apply for our support

Does your social venture have the ambition, ideas and passion to take impact to the next level? Apply today.

For more information on applying and to find out whether the support offer is right for you, get in touch with the Thrive team at UnLtd.

Solutions for an ageing society

Applications are now closed and will open again in Summer 2019

Access to employment

Expression of interest deadline 14th February 2019, application deadline 28th February 2019. The programme will run from June to December 2019.

Submit your application

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We host a series of events throughout the UK each year. From classes and conferences, seminars and workshops to networking events and training sessions.

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