HOWWE FUND BUSINESSES IN THE
MACHINERY, EQUIPMENT AND ELECTRONICS SECTOR
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:
We will also support the following areas and component manufacturing on a reactive basis:
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.
The project must be of direct benefit to South Africa in any of the following ways:
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
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.
Offering funding as well as industry and project development support to businesses involved in developing the automotive, rail, aerospace and ship industries.
Supporting and promoting entrepreneurship, industrial development and strategic partnerships by building competitive industries and enterprises in South Africa and the rest of Africa.
The Energy Sector is undergoing major transformation from traditional fossil fuel power sources to modern environmentally sustainable technologies and business models.
Funding from the infrastructure SBU will enable our clients to pursue growth opportunities in water and sanitation, telecommunications, logistics, and transport.
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.
To be a driving force in the development of a sustainable media and audio-visual value chain in South Africa.
Since 1940, the Industrial Development Corporation (IDC) has helped facilitate South Africa’s industrial capacity by financing viable businesses within key sectors to stimulate the country’s economic growth.
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.
Primarily 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.