LATEST REPORTS

Sector Trends (April 2024)

Performance of the agriculture, mining, manufacturing, electricity and construction sectors of the South African economy

Key trends in the South African economy (April 2024)

Economic Overview (May 2024)

The IDC’s Research and Information department takes pleasure in releasing its latest macroeconomic publication entitled “Economic overview: Recent developments in the global and South African economies”.

South Africa: Replete with opportunities for a better world, prepared for the South Africa Investment Conference 2023

Sectors and
Tailored funding Products

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INDUSTRY SECTORS

We support developmental goals across 10 industry sectors, namely: Agro-Processing & Agriculture; Automotive & Transport Equipment; Chemicals, Medical & Industrial Mineral products; Energy; Infrastructure; Machinery, Equipment & Electronics; Media & Audio-Visual; Mining & Metals; Textiles & Wood Products; Tourism & Services.

VIEW ALL SECTORS WE FUND

TAILORED FUNDING PRODUCTS

Through our Partnership Programmes department, we offer a variety of Tailored Funding Products that provide funding by way of niche and innovative financial programmes. All with the goal of maximising industrial development in Southern Africa.

VIEW ALL TAILORED FUNDING PRODUCTS

CRISIS FUNDING

The IDC seeks to support communities in need due to unforeseen natural disasters or circumstances out of the control of the business owner. In the past 3 years, similar funds (Covid-19 Fund; Unrest Business Recovery Fund; Flood Relief Fund) have helped countless businesses survive tough times and saved thousands of jobs.

VIEW OUR CURRENT CRISIS FUNDS

ENERGY FUNDING

It is our goal at the IDC to assist SMEs in every way possible. The continuous load shedding has become a significant risk factor that threatens the survival of many small businesses. We have put together funding initiatives and energy solutions that will take the pressure off and allow business to thrive.

VIEW OUR CURRENT ENERGY SOLUTIONS

HOW TO

APPLY FOR FUNDING

STEP 1

FIND THE RIGHT FUND

Review the IDC funding page, to find out what fund you qualify for.
Let’s find out what fund you qualify for.

START HERE

STEP 2

GET ORGANISED

Gather all the required documents you will need
in order to complete your application swiftly.

CLICK HERE

STEP 3

REGISTER AND SUBMIT APPLICATION

Register online, fill in the form and upload all the relevant documents
you have now gathered. IDC will confirm that it has received your application.
While processing we may ask you to supply extra information or documentation.

STEP 4

THE APPROVAL PROCESS

We will inform you in writing whether your application has been successful.
If your proposal is green lit, we will conduct due diligence on your business.
If we are satisfied with your bona fides, you will be asked to sign a loan contract
and funds will be distributed as per our agreement.

STEP 5

LET’S GET YOU REGISTERED!

Now that you know what fund you qualify for, and what documents
you will need, let’s go!

REGISTER ON OUR APPLICATION PORTAL

Applications can also be submitted at the IDC offices.

WHY YOU SHOULD

 

PARTNER WITH US

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.

R20.7 BILLION

(R16.0 Billion in 2021/22)

IDC FUNDING APPROVED

R17.8 BILLION

(R7.2 Billion in 2021/22)

IDC FUNDING DISBURSED

34 035

(27 130 in 2021/22)

JOBS CREATED

R11.4 BILLION

(R6.6 Billion in 2021/22)

COMMITTED TO TRANSFORMATION FUNDING

R5.9 BILLION

(R2.7 Billion in 2021/22)

NET PROFIT (COMPANY

R161.9 BILLION

(R170.8 Billion in 2021/22)

ASSET BASE (COMPANY)