NEED HELP STARTING OR EXPANDING YOUR BUSINESS? FUNDING SIMPLIFIED VIEW OUR SECTORS VIEW OUR REGIONS APPLY FOR FUNDING CERTIFIED ORGANIC ESSENTIAL OILS LIKE MOUNTAINS READ MORE IDC SUCCESS STORIES ONE OF THE LARGEST CLOTHING MANUFACTURERS IN SOUTH AFRICA KINGSGATE CLOTHING READ MORE IDC SUCCESS STORIES 100% BLACK OWNED COIL-PROCESSING COMPANY VM AUTOMOTIVE (VMA) READ MORE IDC SUCCESS STORIES YOUTH OWNED START-UP MAKING INROADS IN FIBRE AND CABLING NETWORKS BUSINESS M TELECOMS (PTY) LTD READ MORE IDC SUCCESS STORIES THE THIRD LARGEST PGM PRODUCER IN SOUTH AFRICA ELAND MINE READ MORE IDC SUCCESS STORIES A FULLY LICENSED BLACK FEMALE EMPOWERED INTERNET SERVICE PROVIDER SCREAMER ELECTRONIC SERVICES (Pty) Ltd READ MORE IDC SUCCESS STORIES AS PART OF ITS RESPONSE TO THE COVID-19 PANDEMIC READ MORE IDC HAS STRUCTURED A RANGE OF FUNDING PRODUCTS IN SUPPORT OF BUSINESSES *Only qualifying businesses need apply. Contact us at: covid@idc.co.za or 0860 693 888

Visit www.sacoronavirus.co.za for more information on Covid-19.

YOUR PARTNER IN

DEVELOPMENT FINANCE

SOME OF OUR

SUCCESS STORIES

HERE’S WHAT ENTREPRENEURS SAY ABOUT US

THESE ARE SOME OF THE

KEY SECTORS

 WE FUND

BASIC & SPECIALITY CHEMICALS

Contributing towards the creation of a globally competitive and diversified local basic metal and mining resource industry that produces a significant amount of the metal products and minerals for the local market and the rest of Africa.

READ MORE

AGRO-PROCESSING & AGRICULTURE

Devoloping 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.

READ MORE

CLOTHING & TEXTILES

Offering support to a variety of enterprises across the sector, ranging from creators of home decor to leather goods producers to manufacturers of natural or synthetic fabrics.

READ MORE

HEAVY MANUFACTURING

Financing projects that have a high developmental impact meaning they have potential to create or preserve jobs, support local opportunities, bring about transformation in the economy and develop emerging entrepreneurs and black industrialists.

READ MORE

WE CARE

CORPORATE SOCIAL INVESTMENTS

Research Reports

Latest Reports

Economic Overview (November 2020)

Released in November 2020, the IDC Research and Information department’s latest Economic Overview outlines recent developments in the global and South African economies. READ MORE

Sector Trends (November 2020)

Released in November 2020, the IDC Research and Information department’s latest publication, titled Sector Trends : Performance of the primary and secondary sectors of the South African economy – Statistical Overview, outlines, in the main, the performance of the agriculture, mining and manufacturing sectors of the economy during the second half of 2020. READ MORE

 

 

 

THE SOUTH AFRICAN ECONOMY AND THE COVID-19 CRISIS: RECOVERY AND RENEWAL

An addendum to The Case for Investing in South Africa

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

WHY YOU SHOULD

PARTNER WITH US

R11.7

BILLION TOTAL FUNDING DISBURSED IN 2020

R2.2

APPROVED FOR BUSINESSES WITH WOMEN OWNERSHIP in 2020

R6.8

BILLION APPROVED FOR THE MANUFACTURING SECTOR IN 2020

R3.1

BILLION APPROVED FOR BLACK INDUSTRIALISTS IN 2020

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.