Machinery, Equipment and Electronics

HOWWE FUND BUSINESSES IN THE
MACHINERY, EQUIPMENT AND ELECTRONICS SECTOR

Reducing the Reliance on Imported Equipment While Simultaneously Improving Export Competitiveness, IDC Investment and Support is Driven by Ways to Increase Capabilities and Capacity in Local Industries.

 

Driving sustainable employment opportunities that currently contribute to achieving the national goals of eliminating poverty and reducing inequality by 2030, the IDC Machinery, Equipment and Electronics Strategic Business Unit (SBU) comprises a combination of the Machinery and Equipment and Light Manufacturing business units, which were previously stand-alone units.

 

With a broader focus on supporting industrial activities in the manufacturing of machinery and capital equipment, combined with innovations in electronics and robotics, the IDC Machinery and Equipment SBU aims to leverage the strength of pre-existing investments and relationships while allowing for alignment to the future of Machinery and Equipment for the 4IR enabled industry.

WHAT WE FUND:

The provides funding in the following sub-sectors of the value chain:

 

Electricity Generation, Transmission, and Distribution

  • Transformers, generators, electricity supply components, inverters, switchgear, related measuring devices/apparatus, and plant balance.
  • Manufacture of Accumulators, Primary Cells and Primary Batteries

 

Mining, Quarrying and Construction

  • Self-propelled, off-road machinery & equipment for mining and construction sectors
  • Equipment for sorting, screening, separating, or washing, crushing & grinding for stones/ores and other minerals.
  • Yellow metal or component manufacturers and suppliers into these final products.

 

Pump Valves and Instrumentation

  • Valves
  • Pumps
  • Measuring Equipment
  • Distribution components such as ducts, vessels, heat exchangers, pumps, valves actuators, compressors and measuring equipment.

 

Logistics, Lifting and Handling Equipment

  • Cranes, lifts, elevators, conveyors, and weight measuring equipment.
  • Specialised parts for lifting and handling including buckets, shovels, grabs.

 

Electronics in the Technology and Digital Equipment Space

  • Professional and scientific equipment, television, radio, and communication equipment are attractive sectors in which we could intervene.
  • Manufacture of television and radio transmitters.
  • Measuring, checking, testing and navigation appliances
  • Manufacture of Households Appliances,

 

Manufacturing of Household Appliances

We will also support the following areas and component manufacturing on a reactive basis:

 

  • Agricultural and forestry machinery
  • Tractors, harvesters, and farming implements
  • Processing equipment (food, chemicals, and pharmaceuticals)
  • Bottling plants, packaging lines, filling equipment
  • Textiles and apparel equipment
  • Weaving, knotting, dying, printing machines, looms
  • Ovens, Furnaces, and Burners
  • Manufacture of Machine Tools

HOW WE CONTRIBUTE TO THE IDC'S OVERALL STRATEGY

Our primary consideration for investments and support is on how we can help increase the capabilities and capacity in the local industry. Through this we believe we can help make local suppliers more competitive, thereby reducing reliance on imported equipment while simultaneously improving export competitiveness for the local industries.

 

The metals and mining industries are known to be strong drivers of sustainable employment, which will contribute to achieving the national goals of eliminating poverty and reducing inequality by 2030.

INVESTMENTS IN THE REST OF AFRICA

The project must be of direct benefit to South Africa in any of the following ways:

 

  • Must promote regional economic development with linkage to SA
  • Upstream / Downstream businesses within IDC value chains
  • Must develop and integrate regional value chains in line with IDC priority sectors
  • Must support the implementation efforts of the AFCFTA in order to entrench the development of regional VCs and a move away from a reliance on offshore supply chains
  • The minimum size of the total project funding requirement must be:
    • R5-million SACU-based investments
    • USD 3 million for SADC-based investments
    • USD10-million for investments in countries outside SADC
    • Rand, US Dollar and Euro-based funding are available.

HOW TO

APPLY FOR FUNDING

Application for funding should be in writing and should include an executive summary and a business plan.

STEP 1

BUSINESS PLAN

Draw up a well-researched business plan, stating a compelling case for funding

STEP 2

REGISTER ONLINE

*Applications can also be submitted at the IDC office

STEP 3

UPLOAD APPLICATION

Upload your application with the relevant documents, certificates and business plan

STEP 4

PROCESS APPLICATION

IDC will confirm that it has received your application. While processing we may ask you to supply extra information or documentation

STEP 5

APPROVAL STATUS

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.

STEP 6

LOAN CONTRACT

Once the IDC has satisfied itself of your bona fides, you will be asked to sign a loan contract

OTHER INDUSTRY SECTORS

WE FUND