Our sectors

Overview

Manufacturing mining equipment at Amazwi Power ProductsManufacturing mining equipment at Amazwi Power Products

The primary driving force of commercially sustainable industrial development and innovation in South Africa and the rest of the African continent.

What we offer you

The IDC offers funding across its mandated sectors under the following Strategic Business Units:

Agro-processing and Agriculture SBU

The SBU focuses on investment opportunities in livestock processing, selected field crop processing, integrated horticulture, aquaculture with focus on mariculture and forestry development. The key is to ensure food security and the creation of employment by putting South Africa’s natural resources to productive use. More >

Automotive and Transport Equipment SBU

The unit focuses on the opportunities that exist in established automotive and transport equipment and components manufacturing sub sectors. The key is to create sustainable industries with goals of increasing local production of vehicles and components that feed into global supply chains, thereby improving the country’s international competitiveness. Focus areas for the SBU are passenger and commercial vehicles, automotive components, shipbuilding and ship repair, rail components and infrastructure as well as medium and heavy vehicles, buses and trucks. More >

Basic Metal and Mining SBU

The unit focuses on building capacity in the beneficiation and local value addition activities that not only drive exports but also help lower input cost to make downstream and upstream industries more competitive. Focus is on the metal products, mining, steel and metals industries. More >

Basic and Speciality Chemicals SBU

The unit is uniquely positioned to provide development finance and support to the long-term sustainability of the chemical value chain. The SBU funds investigations into smart technologies, environmentally friendly chemicals and new materials that could provide unique market opportunities, as well as identifying opportunities for new consumer products production capacity or localisation. More >

Chemical Products and Pharmaceuticals SBU

The key focus of this SBU is to establish new manufacturing capabilities in agro-chemicals, build a vibrant competitive local pharmaceuticals and chemical products industry as well as improve the competitiveness of the country’s plastic products sector. More >

Clothing and Textiles SBU

The unit pursues opportunities in cashmere, mohair and the cotton value chains with the aim of assisting in the development of a flax industry cluster. The SBU’s primary focus is to develop new opportunities, niche industry sub-sectors and improve the sustainability of existing enterprises in traditional textiles. The secondary focus is to recover and sustain capacity of clothing, footwear, yarn and towelling in an attempt to protect this vital job creating sector. More >

Heavy Manufacturing SBU

The unit is a reflection of the prioritisation of transformative action by the IDC to further industrialise South Africa and create jobs. The primary focus is on cement, lime, clay, ceramic and stone products, sawmilling and wood products, pulp and paper products, rubber glass and ceramic products, and other non-metallic products and non-metallic recycling. More >

Industrial Infrastructure SBU

The SBU acts as the initiator and enabler of key industrial infrastructure that will support the country’s industrialisation drive. The unit identifies various business units and value chains that are faced with industrial capacity and infrastructure constraints and facilitates infrastructure investments to help them achieve their goals. The units’ focus areas are logistics, energy, Telecoms Broadband, health and water infrastructure. More >

Light Manufacturing and Tourism SBU

The unit identifies industrial output to facilitate rapid and prudent investments in activities that can contribute to the creation of new light manufacturing and tourism capacity, which can contribute to job creation, sustainable niche businesses and localisation. More on Light Manufacturing >
More on Tourism >

Machinery and Capital Equipment SBU

The SBU supports industrial activity in the production and fabrication of machinery and capital equipment by financing the expansion of projects, improving competitiveness and facilitating market access. The focus is on building capacity in beneficiation and local value addition activities that not only drive exports but also help lower input costs to make downstream and upstream industries more competitive. More >

Media and Motion Pictures SBU

The SBU focuses on funding motion pictures, digital cinemas in townships, broadcasting for the development of black industrialists, developing the animation hub and animation films. The unit not only invests in the production of content, but also in the services and infrastructure that support productions in this highly significant industry. More >

New Industries SBU

The key objective of this SBU is to identify the most promising new and emerging industry value chains and enabling technologies and to then support and nurture them so that they become globally competitive new industry value chains that facilitate jobs-rich industrialisation and which make a meaningful contribution to South Africa’s economic growth. Industry value chains / enabling technologies that the SBU is currently focused on include Energy Storage, Fuel Cells, Gas Beneficiation, Renewable Energy Inputs, Medical Devices, Natural Products, Additive Manufacturing and Nano-technology. More >

Rest of Africa SBU

The unit identifies, assesses and facilitates investment opportunities for the IDC in the rest of Africa to support the growth of South Africa’s industrial base and economy. It develops regional suppliers for South African industries, thereby building long-term, sustainable supply chains across the continent that generate jobs. Key focus areas are agriculture, manufacturing, tourism, minerals and mining, petroleum and energy, transport and other related infrastructure.

What funding products do we have available?

The IDC funds start-up and existing businesses with a minimum funding requirement of R1 million and a maximum of R1 billion.

Funding can be structured utilising a wide array of instruments including:

  • Debt
  • Equity
  • Quasi-equity
  • Guarantees
  • Trade finance
  • Bridging finance
  • Venture capital

The funding will be structured in the most appropriate manner to meet the business needs, and structuring options include:

  • Funding term: short-, medium- and long-term loans are available
  • Payment holidays: this can be negotiated where applicable, allowing for periods where no payments need to be made on either capital or interest
  • In addition, several special schemes are available including:
  • The Gro-e-Scheme that funds businesses with a high job creation potential at an interest rate of prime less 3%
  • The UIF Fund that funds businesses with a high job creation potential at a fixed interest rate of 6%
  • Transformation and entrepreneurial development (TES) that aims to assist entrepreneurs from marginalised groups to access the formal economy; Distressed Funding schemes that aim to save jobs by assisting companies across various sectors that have been affected by adverse conditions such as the recent economic downturn, the strong SA currency and natural disasters (e.g. floods, drought and fire)
  • Sector-specific schemes (horticulture, forestry, clothing and textiles, hospitals)

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, in which case the IDC 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
  • The IDC does not refinance fixed assets, since our aim is to expand the industrial base

Leader in industrial development and job creation

Since 1940, the Industrial Development Corporation (IDC), 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.

For more than 70 years we have been instrumental in implementing South Africa’s industrial policy, establishing some of the industries that have since become cornerstones of the country’s manufacturing sector. Apart from large industrial projects, we have also been instrumental in the establishment of other industries such as fabricated metals, agro-industries, clothing and textiles.

Although our priorities evolved in line with the policy direction over the years, we remain committed to our objective of developing the country’s industrial capacity and, in doing so play a major role in job creation.

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.

We do this by:

  • Pro-actively 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

The primary outcome of the IDC’s activities:

  • To facilitate the creation of sustainable direct and indirect jobs

Additional outcomes include:

Facilitate sustainable direct and indirect employment

  •  Improving regional equity, including the development of South African rural areas, poorer provinces and industrialisation in the rest of Africa
  •  Promoting entrepreneurial development and growing the SME sector
  •  Environmentally sustainable growth
  •  Growing sectoral diversity and increased localisation of production
  •  Transformational impact on communities and growing black industrialists

Additional services

IDC’s business support programme offers non-financial support to entrepreneurs. The support is available during pre and post approval stages, including assistance to distressed clients.

 

 

Contact Us | Download the IDC corporate brochure

 

Our sectors

Our strategic business units work in three distinct areas: the services sector; within the mining and manufacturing sector; and in the agro-processing and new industries environment. MORE >

Our regional support

We make an impact across the country, helping develop new business, growing existing companies, boosting local economies and providing expertise wherever needed. MORE >

Annual report

Advancing Industrial Development covers our financial and non-financial strategy and performance aspects for 2015. MORE >

Our products

We offer a wide range of products from debt equity to providing working capital and equipment finance. MORE >

Our research

Stay informed and read our award-winning research reports, as our team keep tabs on the economic trends globally, regionally and locally. MORE >

Corporate responsibility

We are playing our part in improving the quality of life of all our communities, especially in rural and underdeveloped areas. MORE >

Doing business with us

This is your one-stop-shop where you can engage with us directly via our e-services. MORE >

Domestic Medium Term Note Programme

The Industrial Development Corporation of South Africa Ltd has established a ZAR15,000,000,000 Domestic Medium Term Note Programme (as amended and updated on 17 July 2012). You can read the memorandum here. MORE >

Report Fraud     Email idc@tip-offs.com     Call 0800 30 33 36     SMS 39640

PAIA Manual | Terms and Conditions | Employee Webmail | Contact us | Sitemap
© The IDC 2016, ALL RIGHTS NOT EXPRESSLY ALLOWED ARE RESERVED. P.O. Box 784055, Sandton, 2146, South Africa