Author: I4Dn3Cr@an

Grant funding can be used to develop prototypes. Prototypes can be developed at University facilities which often have small pilot scale equipment that mimic the characteristics of large equipment. Alternatively, negotiate with established manufacturers to utilize some of their facilities for prototype production. Prototypes...

Flexible repayment loan terms thus enabling entrepreneurs to service the debt. As a Development Finance Institution, the IDC can structure loans with moratorium periods until the business builds up sufficient cash-flow to service the debt. Grant funding or quasi equity/subordinated loans are good alternative...

IDC’s Corporate Social Investment (CSI) continued its involvement in educational and skills development projects, by supporting the refurbishment of Sisulu Primary School in Tsomo, Eastern Cape. The school officially opened its computer lab during a visit by MEC of Education, Mr. Mlungisi Mvoko. "As the...

The Development Impact Support department took part in the Youth Dialogue on “Igniting Growth and Access to Markets in Business Incubation” in Bryanston last week. The dialogue is part of President Cyril Ramaphosa’s call for all citizens to share in the responsibility to build a...

In yet another partnerships endeavour in the North West province, the IDC took part in the provincial investment conference last Thursday, which was held in the Moses Kotane municipality.Themed:  “Rebuilding the province through the promotion of trade and infrastructure investment”, the investment brought together developmental...

The IDC joined Brand South Africa in a workshop where stakeholders unpacked South Africa’s digital readiness for the Fourth Industrial Revolution (4IR). The workshop was used as a platform for business & government to discuss Africa’s readiness to adapt to the requirements of the 4IR....

The Industrial Development Corporation (IDC) has approved a R500 million funding scheme to support start-up companies, expansions, and empowerment acquisitions in the downstream plastic sector over a period of five years, starting in 2019. The scheme will provide debt and equity-type finance at reduced return...

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