HOWWE FUND BUSINESSES IN THE
LIGHT MANUFACTURING SECTOR
HOWWE FUND BUSINESSES IN THE
LIGHT MANUFACTURING SECTOR
Our goal is to support light manufacturing activities that have a high developmental impact meaning they that have potential to create or preserve jobs, support local opportunities, bring about transformation in the economy and develop emerging entrepreneurs and black industrialists. We also support manufacturing activities that improve competitiveness and are environmentally sustainable. We fund high volume of opportunities offering high impact return on effort.
Doing business with the unit
Within the light manufacturing industry, we fund the following sectors:
WHAT WE FUND
Professional and scientific equipment
Television, radio and communication equipment
Furniture production
Suitable candidates for funding would fit the following criteria:
Contact us if you need fixed assets or working capital, are planning a new project, or wish to expand on or rehabilitate an existing business.
In granting funding, we have set certain criteria:
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
Offering support to a variety of enterprises across the sector, ranging from creators of home décor to leather goods producers to manufacturers of natural 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.
Developing 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.
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.
Developing a competitive downstream chemicals industry (Including plastics and pharmaceuticals) that will meet consumer demand in the local, regional and global markets.
The unit offers finance, business support and continued engagement with industry stakeholders where relevant including a range of entities in this space.
Developing a sustainable motion picture value chain in South Africa through funding the production of feature films, television shows, animation and documentaries.
Offering finance, and where relevant, technical assistance to a range of manufacturers, with the aim of seeing a competitive and diversified local machinery and capital equipment industry.
Supporting and nurturing emerging industry value chains and enabling technologies that have the potential to make a significant impact on South Africa.
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Primary investing in the accommodation sub-sector, with a particular focus on business hotels in fast growing areas – high impact, sustainable, tourist attraction that provide niche products offerings.
Offering funding as well as industry and project development support to businesses involved in developing the automotive, rail, aerospace and ship industries.
Our goal is to unlock infrastructure development to create an environment that helps grow South Africa’s economy.
We fund development of Basic metals manufacturing capacity, mining of minerals that supports the inputs to metals value chain and strategic minerals such as energy and food security minerals.