Doing Business In South Africa

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Contact

Head Office:

19 Fredman Drive 
Sandown
PO Box 784055
Sandton 2146
South Africa

Telephone: +27 11 269 3000
Facsimile: +27 11 269 3116
Call Centre: 0860 693 888

Email: callcentre@idc.co.za

www.idc.co.za

Since 1940, the Industrial Development Corporation, South Africa's largest development finance institution, has helped to build the industrial capacity that fuels the country's economic growth, by funding viable businesses.

As the government's key partner in revitalising the economy, the IDC focuses on priority economic sectors that offer the greatest potential to unlock job opportunities.

Our vision

To be the primary driving force of commercially sustainable industrial development and innovation to the benefit of South Africa and the rest of the African continent.

Our mission

The Industrial Development Corporation is a national development institution whose primary objectives are to contribute to the generation of balanced, sustainable economic growth in Africa and to the economic empowerment of the South African population, thereby promoting the economic prosperity of all citizens. The IDC achieves this by promoting entrepreneurship through the building of competitive industries and enterprises based on sound business principles.

What we do

Through partnership, the IDC provides funding in support of industrial capacity development by:
• Proactively identifying and funding high-impact projects
• Leading the creation of viable new industries
• Using our diverse industry expertise to drive growth in priority sectors
• Taking up higher-risk funding in early-stage and high-impact projects

What we offer you

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The IDC assists start-up and existing businesses with a minimum funding requirement of R1 million and a maximum of R1 billion. Funding is offered across its mandated sectors under the following Strategic Business Units:
• Agro-Industries
• Chemicals and Allied Industries
• Forestry and Wood Products
• Green Industries
• Healthcare
• Information and Communication Technology
• Media and Motion Pictures
• Metal, Transport and Machinery Products
• Mining and Minerals Beneficiation
• Strategic High Impact Projects and Logistics
• Textiles and Clothing
• Tourism
• Venture Capital

Special funding schemes are available that address transformation and entrepreneurial development (TES); topping up equity contributions from entrepreneurs (TES & RCF); and sector-specific schemes (horticulture, forestry, clothing and textiles, hospitals).The IDC Gro-e-Scheme provides funding for projects from R1 million to R1 billion at prime less 3% for up to five years.

The IDC's business support programme addresses non- financial support to entrepreneurs. Assistance is provided with capacity building to improve project viability.

If you have a project that can contribute to building South Africa's industrial capacity and creating jobs, visit www.idc.co.za to find out how the IDC can help build your opportunity.

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