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.
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.
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.
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.
Draw up a well-researched business plan, stating a compelling case for funding
*Applications can also be submitted at the IDC office
Upload your application with the relevant documents, certificates and business plan
IDC will confirm that it has received your application. While processing we may ask you to supply extra information or documentation
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.
Once the IDC has satisfied itself of your bona fides, you will be asked to sign a loan contract
The Industrial Development Corporation is a national development finance institution whose primary objectives are to contribute the the generation on balanced, sustainable economic growth in Africa and to 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.