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 two 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
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”,
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.
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 are now closed and will open again in Summer 2019
Expression of interest deadline 14th February 2019, application deadline 28th February 2019. The programme will run from June to December 2019.
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