Visit www.sacoronavirus.co.za for more information on Covid-19.
YOUR PARTNER IN
DEVELOPMENT FINANCE
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.
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.
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.
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.
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
STEP 7
STEP 7BEGIN FUNDING
WHY YOU SHOULD
PARTNER WITH US
R11.7
R11.7BILLION 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.