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 can be structured in a number of ways:
the form and nature of which will relate to your specific circumstances
with international environmental standards
are expected to make some financial contribution:- The contribution of historically disadvantaged people under special circumstances may be lowered, n 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
we also focus on broad-based and expansionary black economic empowerment and black industrialists
Aim: To encourage youth entrepreneurship and employment creation, thereby expanding South African production capacity.
Aim: To provide finance to renewable energy and energy efficiency projects of smaller scale, as well as manufacturing of Green products in South Africa.
Aim: To improve the readiness of potential applicants and thereby increase their probability for IDC consideration.
Aim: To encourage privately-owned tourism enterprises to move towards cleaner and renewable energy sources as well as the efficient utilisation of water.
Aim: To assist SMEs and MIDCAP companies to access loan financing for CAPEX, medium and long term working capital.