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...
It is best for entrepreneurs to align their applications for funding from the IDC with the request to the dti for the BIS Grant. The main reason is that the dti grant is approved on the basis that co-funding has been raised/obtained. The grant...
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...
Click on the button below to view the Artist gallery brochure. VIEW BROCHURE...
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....
We are in a wonderful continent, and should make sure it works, these were the words of IDC board chairperson Ms. Busi Mabuza, speaking during the CEO panel at the Forbes Africa Leading Women Summit held in Durban on Friday. The CEO panel focused on...
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...