Our sectors

To apply for funding, applicants are required to follow instructions below:

  • Download, complete and submit the application form in soft copy (original excel format) to gtip@idc.co.za and
  • The application form, including annexure A (shareholding and employment details), must becompleted in full accompanied by relevant supporting documents as provided in the application form
 Note: Incomplete applications will not be considered for funding.


To download, click on the relevant links below:
Application Form (97 - 2003.xls)
Application Form (2016.xlsl)

B-BBEE Sworn Affidavits – Tourism
Exempted Micro Enterprises
Qualifying Small Enterprise

Programme Manager contact details:
Mr Siyabonga Mahlangu
Tel: 011 269 3086

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APPLICATION WINDOW NOW OPEN AND WILL CLOSE ON 30 NOVEMBER 2018
 
PROMOTING RESOURCE EFFICIENCIES IN THE TOURISM INDUSTRY tomoko uji 630443 unsplash  Solar Panels
 

The Green Tourism Incentive Programme (GTIP) is an initiative of the 
National Department of Tourism with a key objective of encouraging
privately-owned tourism enterprises to move towards cleaner and
renewable energy sources and the efficient utilization of water.

Managed by the IDC, financial assistance under the GTIP is provided in the form of a grant of up to R1 million to qualifying small and micro tourism enterprises.


PROGRAMME APPROACH

  • The programme covers 90% of the cost for a new resource efficiency audit as well as the full cost for reviewing an existing audit
  • The programme offers grant funding on a sliding scale from 30% to 90 % - capped at R1 million
  • The balance is to be covered by the applicant (either through own resources or from other funding institutions including the IDC and sefa, 
    a wholly-owned subsidiary of the IDC)
  • Grant funding will be paid directly to service providers

Download full brochure
Click here to see application requirements

All applications for funding and enquiries should be sent to: gtip@idc.co.za

Disclaimer
Tourism establishments and prospective applicants to the Green Tourism Incentive are advised to be wary of people purporting to be representatives or agents of the Programme.
Please note that the IDC and NDT have not appointed agents or consultants to assist enterprises with the preparation of applications. The use of, and payment of any fees to consultants is at the discretion of the applicants.

AFD Green Energy Fund

FUND SIZE: R1 BILLION (On-balance sheet)

Objective

To provide finance to renewable energy and energy efficiency projects
of smaller scale and manufacturing of Green products in South Africa.

Qualifying Criteria

  • Renewable Energy (RE):
    • Solar and biomass; and
    • Other technologies are considered on a case by case basis.
  • Energy Efficiency (EE):
    • A maximum of 200% increase in production capacity is allowed for expansion projects; and
    • Greenfield operations are considered on a case by case basis.
  • AFD funds are blended at a leverage level of at most 50% funding from IDC; and
  • No refinancing.

Instruments and Pricing

  • Total investment cost not higher that 25% of the Facility (ca R250 million per project);
  • Normal risk pricing with a cap of Prime + 1.6% or an equivalent fixed rate;
  • Minimum investment period of 3 years; 
  • Maximum payback based on energy savings of 8 years; and
  • Standard IDC fees apply.
We have an array of funding instruments that cover a number of sectorsWe have an array of funding instruments that cover a number of sectors

Our role is to enhance the industrial capability of South Africa, and the rest of the continent, thereby boosting economic growth and industrial development. We do this by funding entrepreneurs starting new enterprises or supporting companies that want to extend existing operations.

We fund start-up and existing businesses up to a maximum of R1 billion. We consider debt of R1 million.

We also have a number of special schemes available, administered by our Development Funds Department.

Funding instruments

Funding can be structured in a number of ways:

  • Debt
  • Equity and quasi-equity
  • Guarantees
  • Trade finance
  • Venture capital

Minimum requirements

  • Security; the form and nature of which will relate to your specific circumstances;
  • Compliance with international environmental standards;
  • Shareholders/owners are expected to make some financial contribution:- The contribution of historically disadvantaged people under special circumstances may be lowered, in which case the corporation will be prepared to extend finance in excess of the owner’s contribution.
  • The project/business must exhibit economic merit in terms of profitability and sustainability;
  • We do not refinance fixed assets, since our aim is to expand the industrial base; and
  • We also focus on broad-based and expansionary black economic empowerment and black industrialists.

 

The mission of the Development Funds Department is to enhance the IDC's developmental outcomes by providing niche and innovative financial programmes to maximize the achievement of its industrial development goals.

We administer a number of special schemes, which have various concessions targeting developmental mandates including job creation, empowerment of women, youth and black industrialists, funding of innovation, and increasing competitiveness in manufacturing.

Funding provided to deserving projects/enterprises is backed up with a business support programme providing pre- and post-investment assistance based on the evaluated needs of each project/enterprise.

Schemes administered by the department

Schemes administered by other departments

Our sectors

Our strategic business units work in three distinct areas: the services sector; within the mining and manufacturing sector; and in the agro-processing and new industries environment. MORE >

Our regional support

We make an impact across the country, helping develop new business, growing existing companies, boosting local economies and providing expertise wherever needed. MORE >

Annual report

Advancing Industrial Development covers our financial and non-financial strategy and performance aspects for 2015. MORE >

Our products

We offer a wide range of products from debt equity to providing working capital and equipment finance. MORE >

Our research

Stay informed and read our award-winning research reports, as our team keep tabs on the economic trends globally, regionally and locally. MORE >

Corporate responsibility

We are playing our part in improving the quality of life of all our communities, especially in rural and underdeveloped areas. MORE >

Doing business with us

This is your one-stop-shop where you can engage with us directly via our e-services. MORE >

Domestic Medium Term Note Programme

The Industrial Development Corporation of South Africa Ltd has established a ZAR15,000,000,000 Domestic Medium Term Note Programme (as amended and updated on 17 July 2012). You can read the memorandum here. MORE >

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