IDC funding

How do I get IDC funding?

APPLY FOR FUNDING

1. BUSINESS PLAN. Draw up a well-researched business plan, stating a compelling case for funding.
2. REGISTER ONLINE. *Applications can also be submitted at the IDC office.
3. UPLOAD APPLICATION. … 
4. PROCESS APPLICATION. … 
5. APPROVAL STATUS. … 
6. LOAN CONTRACT. … 
7. BEGIN FUNDING.

How much does IDC fund?

We fund start-up and existing businesses up to a maximum of R1 billion. We consider debt of R1 million.

What sectors are funded by the IDC?

IDC supports businesses in the following sectors/industries:

• Agro-Processing and Agriculture;
• Automotive and Transport Equipment;
• Chemicals, Medical and Industrial Mineral Products.
• Energy;
• Infrastructure;
• Machinery, Equipment and Electronics;
• Media and Audio-Visual;
• Mining and Metals;

What is IDC in finance?

By Steve MillsNovember 8, 2021. The interest which is due on project financing loan facilities during the construction period, but which cannot be paid since the Borrower is not generating cash. This interest is generally added to the loan or “capitalised”.

idc funding

idc funding