Industrial Development Corporation
Industrial Development Corporation (IDC)
Your Partner in Development Finance
The IDC is South Africa’s proactive industry developer and is at the centre of leading industrial development the country. It focuses on its ownership of and leadership for the development of the most important parts of the economy to drive individual, regional and country success.
Since 1940 the IDC has been the primary driving force of commercially sustainable industrial development and innovation in South Africa and the rest of the African continent. It has been instrumental in implementing South Africa’s industrial policy and in establishing industries that have since become cornerstones of the country’s industrial sector. The IDC remains committed to the objective of developing the country’s industrial capacity and, in doing so, playing a major role in job creation.
The IDC offers development funding across the following industrial sectors: Agro-processing and Agriculture; Automotive and Transport Equipment; Basic Metals and Mining; Basic and Speciality Chemicals; Chemical Products and Pharmaceuticals; Clothing and Textiles; Heavy Manufacturing; Industrial Infrastructure; Light Manufacturing and Tourism; Machinery and Capital Equipment; Media and Motion Pictures; New Industries; and the rest of Africa.
The IDC funds start-up and existing businesses with a minimum funding requirement of R1 million and a maximum of R1 billion.