Corporate
Profile
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.
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.
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.
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.
Chemicals 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.
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.
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.
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.
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.
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.
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.
New Industries Unit
The SBU develops new or emerging industries or technologies that could become sizable, relevant industries with the potential
to stimulate future jobs-rich industrialisation. The unit is involved in early-stage sector and technology development therefore
central to the initiation, creation and development of the industries and value chains.
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:
0 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
The Industrial Development Corporation has offices in all nine Eastern Cape: 10740 East London
provinces of South Africa. For more information, please contact: 2nd Floor Block B, Chesswood Office Park, Winkley Street, Berea,
Call Centre: 086 069 3888 East London
E-mail: callcentre@idc.co.za P O Box 19048, Tecoma, 5214
www.idc.co.za Tel: 043 721 0733/4777 | Fax: 043 721 0735
Head Office Eastern Cape: Port Elizabeth
19 Fredman Drive, Sandown Southern Life Gardens, Block A (Ground) 70 2nd Avenue,
PO Box 784055, Sandton 2146, South Africa Newton Park, PE
Tel: (011) 269 3000 | Fax: (011) 269 3116 P O Box 27848, Greenacres, Port Elizabeth, 6057
Tel: 041 363 1640 | Fax: 041 363 2349
REGIONAL OFFICES
Free State: 10745 Bloemfontein Eastern Cape: Mthatha
Mazars Building, 46, 1st Avenue, Westdene, Bloemfontein Ground Floor, ECDC House, 7 Sisson Street, Fort Gale,
Private Bag X 11, Suite 25, Brandhof, 9324 Mthatha, 5201
Tel: 051 411 1450 | Fax: 051 447 4895 Tel: 047 504 2200 | Fax: 047 504 2201
Limpopo: 10725 Polokwane Mpumalanga: 10735 Nelspruit
Suite 18, Biccard Office Park, 43 Biccard Street Suite 702, Maxsa Building, corner Ferreira and Streak Streets,
Postnet Suite 422, Private Bag X9307, Polokwane, 0699 Nelspruit
Tel: 015 299 4080/4099 | Fax: 015 295 4521 P O Box 3740, Nelspruit, 1200
Tel: 013 752 7724 | Fax: 013 752 8139
North West: 10755 Rustenberg
1st Floor, Sunetco Building, 32B Heystek Street, Rustenberg SATELLITE OFFICES:
Postnet Suite 290, Private Bag X 82245, Rustenberg, 0030 By appointment with main regional office only
Tel: 014 591 9660/1 | Fax: 014 592 4485
Free State: Phuthaditjhaba
North West: Brits Mampoi Road, Phuthaditjhaba, Qwa Qwa (contact Bloemfontein)
Suite 108, Safari Centre, 28 Van Velden Street, Brits, 0250
Tel: 012 252 0008 | Fax: 012 252 4657 Free State: Welkom
1 Reinet Street, Welkom, 9460
North West: Mahikeng
1B Mikro Plaza, corner First Street and Bessemer Street, North West: Klerksdorp
Industrial Sites Mafikeng Office 35, West End Building, 51 Leask Street, Klerksdorp
Postnet Suite 89, Private Bag X2230, Mafikeng South, 2791 Tel: 018 462 6586 | Fax: 018 462 5061
Tel: 018 397 9942 | Fax: 018 397 9979 (Dr KK District Municipality Economic Agency)
Northern Cape: 10765 Kimberley North West: Vryburg
Sanlam Business Complex, 13 Bishops Avenue, 83 Vry Street, Vryburg
Kimberley, 8301 Tel: 053 927 0590 | Fax: 053 927 0590
P O Box 808, Kimberley, 8300 (Seda – Dr Ruth S Mompati Branch)
Tel: 053 807 1050 | Fax: 053 832 7395
Mpumalanga: Witbank
Northern Cape: Upington 23 Botha Avenue corner Rhodes Street, Hi-Tech House,
De Drift Plaza, Block 6, Olyvenhoutsdrift Settlement, Louisvale Witbank, 1035
Avenue, Upington, 8800 P O Box 1494, Witbank, 1035
Tel: 054 337 8600 | Fax: 054 334 0835
Mpumalanga: Secunda
Western Cape: 10720 Cape Town South Wing, Municipal Building Lurgi Square, Secunda, 2302
2817, 28th Floor ABSA Centre, 2 Riebeeck Street, Cape Town
P O Box 6905, Roggebaai, 8012 Limpopo: Tzaneen
Tel: 021 421 4794 | Fax: 021 419 3570 1st Floor Prosperitas Building, 27 Peace Street, Tzaneen (Seda)
Tel: 015 299 4080
KwaZulu-Natal: 10730 Durban
Suite 2101, 21st Floor, The Embassy Building, Limpopo: Thohoyandou
199 Anton Lembede Street, Durban Seda office: Old Mutual Building, Old Group Scheme Offices,
P O Box 2411, Durban, 4000 Mphephu Road, Thohoyandou, 7950
Tel: 031 337 4455 | Fax: 031 337 4790 Tel: 015 299 4080
KwaZulu-Natal: 10775 PMBG Pietermaritzburg Western Cape: George
1st Floor, ABSA Building 15 Chatterton Road, Pietermaritzburg Beacon Place, 125 Meade Street, George, 6529
P O Box 2411, Durban, 4000 Tel: 0860 693 888 | Fax: 021 419 3570
Tel: 033 328 2560 | Fax: 033 342 5341
KZN: Richards Bay
Suite 17, Partridge Place, corner Lira Link & Tasselberry Road,
Richards Bay
P O Box 1458, Richards Bay, 3900
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