WHAT WE OFFER
What We Offer
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 tailored funding products available, administered by our Partnership Programmes Department.
VISIT THE INDUSTRIAL FINANCING WEBSITE TO REVIEW ALL GOVERNMENT FUNDED FINANCIAL SUPPORT PROGRAMMES
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, n which case the corporation will be prepared to extend finance in excess of the owner’s contribution
SUSTAINABILITY
the project.business must exhibit economic merit in terms of profitability and sustainability
REFINANCE
we do not refinance fixed assets, since our aim is to expand the industrial base
BLACK ECONOMIC EMPOWERMENT
we also focus on broad-based and expansionary black economic empowerment and black industrialists
tailored funding products
AFD GREEN ENERGY FUND
Aim: To provide finance to renewable energy and energy efficiency projects of smaller scale, as well as manufacturing of Green products in South Africa.
AGRI-INDUSTRIAL FUND
Aim: To develop competitive, economically viable activities in agro-processing (food and non-food) sectors by developing local and regional resources to supply domestic demand and increase international trade.
Black Industrialists & Exporters Conference
In 2015, Cabinet approved the Black Industrialists Policy, which sought to increase the participation of black South Africans in the ownership and control of productive enterprises.
CREDIT LINE OFFERING TO NON-BANKING INTERMEDIARIES
Aim: To expand the funding reach to black owned SMEs and small businesses which continue to face challenges.
DSCIF
Aim: To help the struggling steel industry with an interest subsidy that offers discounts to qualifying clients.
FURNITURE INDUSTRY CHALLENGE FUND
Applications are open for qualifying manufacturing SMMEs in the furniture industry.
GREEN TOURISM INCENTIVE PROGRAMME
Aim: To encourage privately-owned tourism enterprises to move towards cleaner and renewable energy sources as well as the efficient utilisation of water.
GRO-E YOUTH SCHEME
Aim: To encourage youth entrepreneurship and employment creation, thereby expanding South African production capacity.
JUNIOR MINING
Aim: To assist qualifying enterprises in the mining industry to conduct prospecting work, increase Black Junior Miners’ access and licence to mine ore bodies and promote economic inclusion to support equitable economic growth
SMEs AND MIDCAP COMPANIES
FUND HAS BEEN FULLY UTILISED.
Aim: To assist SMEs and MIDCAP companies to access loan financing for CAPEX, medium and long term working capital.
SME AND MIDCAP COMPANIES – IDC PRIVATE SECTOR FACILITY 2 (EIB)
Aim: To assist SME and MIDCAP companies to access concessionary loan financing for CAPEX and medium to long-term working capital.
SOCIAL EMPLOYMENT FUND
Aim: To support employment opportunities, counteracting job losses due to Covid-19, and creating an opportunity for growth and renewal.
UIF II
Aim: To contribute towards sustainable job creation and retention by supporting job creating transactions while providing concessionary funding.
INNOVATION FUND
Aim: 1.2 million young people enter the labour market each year, and more than 65% remain outside of employment, education, and training.