IDC partners with the Gift of the Givers, Red Cross Society and Meals on Wheels in R2.8 million Jagersfontein Relief Efforts
The Industrial Development Cor...
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.
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.
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.
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.
Review the IDC funding page, to find out what fund you qualify for.
Let’s find out what fund you qualify for.
Gather all the required documents you will need
in order to complete your application swiftly.
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.
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.
Now that you know what fund you qualify for, and what documents
you will need, let’s go!
Applications can also be submitted at the IDC offices.
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.
(R16.0 Billion in 2021/22)
(R7.2 Billion in 2021/22)
(27 130 in 2021/22)
(R6.6 Billion in 2021/22)
(R2.7 Billion in 2021/22)
(R170.8 Billion in 2021/22)