youth-empowered companies
WE REBUILD
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Partnering you. Growing the Economy. Developing Africa
THESE ARE SOME OF THE
KEY SECTORS
WE FUND
AGRO-PROCESSING & AGRICULTURE
Developing a competitive industry in the food, beverage, fibre, forestry and agro-derivative industries; that utilises and develops local and regional resources to supply domestic demand and increase participation in international trade.
AUTOMOTIVE & TRANSPORT EQUIPMENT
Offering funding as well as industry and project development support to businesses involved in developing the automotive, rail, aerospace and ship industries.
INFRASTRUCTURE
Funding from the infrastructure SBU will enable our clients to pursue growth opportunities in water and sanitation, telecommunications, logistics, and transport.
MINING & METALS
Since 1940, the Industrial Development Corporation (IDC) has helped facilitate South Africa’s industrial capacity by financing viable businesses within key sectors to stimulate the country’s economic growth.
Research Reports
Latest Reports
Economic Overview (May 2022)
The IDC Research and Information department’s latest “Economic Overview” publication provides an analysis of recent developments in and the outlook for the global, regional and South African economies. READ MORE
Sector Trends (May 2022)
The IDC Research and Information department’s latest publication entitled Sector Trends : Performance of the primary and secondary sectors of the South African economy: Statistical Overview outlines, in the main, the performance of the primary and secondary sectors (i.e. agriculture, mining and manufacturing) of the South African economy. READ MORE
HOW TO
APPLY FOR FUNDING
STEP 1
BUSINESS PLAN
Draw up a well-researched business plan, stating a compelling case for funding
STEP 2
REGISTER ONLINE
*Applications can also be submitted at the IDC office
STEP 3
UPLOAD APPLICATION
Upload your application with the relevant documents, certificates and business plan
STEP 4
PROCESS APPLICATION
IDC will confirm that it has received your application. While processing we may ask you to supply extra information or documentation
STEP 5
APPROVAL STATUS
IDC will give you feedback on the outcome of your application, in writing. If your application is successful, due diligence will be conducted on your business.
STEP 6
LOAN CONTRACT
Once the IDC has satisfied itself of your bona fides, you will be asked to sign a loan contract
STEP 7
BEGIN FUNDING
WHY YOU SHOULD
PARTNER WITH US
R6.3 BILLION
TOTAL FUNDING DISBURSED IN 2021
R5.6 BILLION
VALUE OF FUNDING COMMITTED IN 2021
R2 BILLION
COMMITTED TO BUSINESSES WITH WOMEN OWNERSHIP OF MORE THAN 25%
R3.0 BILLION
APPROVED FOR BLACK INDUSTRIALISTS IN 2021
OUR MISSION
The Industrial Development Corporation is a national development finance institution whose primary objectives are to contribute to the generation of balanced, sustainable economic growth in Africa, and to the economic empowerment of the South African population, thereby promoting the economic prosperity of all citizens. The IDC achieves this by promoting entrepreneurship through the building of competitive industries and enterprises based on sound business principles.