The IDC Partners with ForAfrika to Deliver Relief Support After Western Cape Weather Crisis
At least 750 families, whose l...
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.
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.
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(R2.7 Billion in 2021/22)
(R170.8 Billion in 2021/22)