About IDCOur focus
The Risk Capital Facility SBU is headed by Meryl Mamathuba and manages funds sourced from both foreign donors and the IDC’s internal funds. Through co-investment with the IDC, these funds are used to facilitate BEE investments in the SME sector. These include the:
- Risk Capital Facility (RCF)
- W.K. Kellogg Foundation
- IDC Development Fund
- IDC Foundation Fund.
The programme aims to develop entrepreneurial skills, particularly in small and medium-sized businesses. Clients receive business support to solve short-term problems and are provided with long-term assistance. The IDC pays part of the cost of business support and structures a loan facility for clients to pay the balance of the costs when they are in a financially sound position.
Who should apply for finance
While each proposal is considered on its particular merit, funds are primarily available for:
- BEE-owned businesses with a minimum ownership of 25,1% by historically disadvantaged persons (HDPs) in the SME sector
- Investments that show high developmental impact, e.g. job creation, regional reach and rural development, etc.
How to apply for finance
While each proposal is considered on its particular merit, funds are primarily available for:
- BEE-owned businesses with a minimum ownership of 25,1% by historically disadvantaged persons (HDPs) in the SME sector
- Investments that show high developmental impact, e.g. job creation, regional reach and rural development, etc.
Click here for more information on the application process and funding criteria.
Who to contact
For more information on the Risk Capital Facility Strategic Business Unit, please click here to contact us or call us on 086 069 3888 or +2711269-3917. Alternatively, email our call centre at callcentre@idc.co.za
