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:
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.
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.
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 three key areas:
Ventures supporting disabled people into employment, supported by Scope.
Ventures improving access to employment in the East End of London, supported by UBS
Ventures creating access to employment across the UK, supported by Thirty Percy
Please see below for full programme criteria.
To find out all about our 2020 current winners, access the latest "Thrive 2020 Access to Employment booklet"
Access our 2019 cohort booklet "Thrive 2019 Access to Employment booklet."
Access our 2018 cohort booklet “Thrive 2018 Access to Employment booklet”
Thrive: Solutions for an Ageing Society is our flagship accelerator focused on improving quality of life for the over 50s. We believe that social businesses offer innovative and inclusive solutions that contribute to ageing well.
This bespoke and tailored Accelerator is now in its second year. It has already supported six social ventures over a six-month period to help rapidly accelerate growth, provide 1:1 specialist support, connect with sector specialists, peers and raise flexible finance of up to £50K (debt or equity).
We are interested in supporting social businesses that are improving outcomes for people over 50 in the following areas: Quality of life, Wellbeing, Loneliness, Physical health, Independence and Support to Dementia/Alzheimer's
Who we work with
We’re now looking for eight game-changing social businesses who want to grow nationally and contribute to significantly improving the quality of life for the over 50s. Working with a dedicated, highly skilled Venture Manager and a support framework, you and your team will receive 1:1 tailored support for all of your needs, access to a specialised network, first class social impact measurement support and the opportunity to take on up to £50K of investment (debt or equity). You’ll be assessed on performance to date, potential for growth and profitability. In return you’ll have the opportunity to scale both your organisation and impact rapidly.
View our criteria below and apply for Thrive: Solutions for an Ageing Society
You can find out more about the current ventures in our 2020 cohort booklet: “Meet the Thrive social entrepreneurs creating solutions for an ageing society.”
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:
Your venture should focus on solutions for an ageing society around:
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.
Applications will open soon, please register your interest here.
Applications now open, apply below
We can help your social venture to take your social impact to the next level. Take a look at our support for ambitious social entrepreneurs looking to grow.
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