Agency Development and Support
 

Third Party Funds

Uplifting South Africa's craft industryUplifting South Africa's craft industryThe IDC's Agency Development and Support department supports the Department of Trade and Industry by managing funds for specific economic development projects. The support is provided through the:

  • Regional Industrial Development Strategy or Vuth'Umlilo Fund; and,
  • National Craft Fund.


Vuth'Umlilo Fund

The Vuth'Umlilo Fund provides resources and support to municipalities to ensure the efficient delivery of local economic development as an approach to stimulate growth. Completed projects funded by the Vuth'Umlilo Fund include training and employing young people through the Local Economic Development Cadet Programme, in which learners were trained in economic development and governance and were placed in local economic development agencies and municipalities across the country.

It also supported a forestry initiative in KwaZulu-Natal; business retention and expansion across several provinces; a chicory production and beneficiation, and tourism project in Ingquza Municipality in Eastern Cape; mining in Mutale, in Limpopo; and an energy project in Blue Crane Municipality in Eastern Cape.

The National Craft Fund

This was established to encourage the competitiveness of South Africa's craft industry locally and internationally. It supports craft hubs and provincial investment agencies (Pipas) that are aimed at improving the levels of competitiveness of craft producers.

Specifically, the fund aims to help crafters overcome challenges such as production inefficiencies, lack of quality control systems, costing and pricing, and inability to follow through on orders.

To date, R3.5-million has been approved for a craft hub in Western Cape and R8.3-million has been approved for local economic development project preparation programmes across the country. In addition, R6.9-million will be leveraged for the approved projects through the public and private sectors.

For more information contact:
Agency Development & Support (ADS)
Contact: Bukelwa Mntongana
Tel: 011 269 3466
E-mail: bukelwam@idc.co.za




 

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