Our goal is to finance projects in the heavy manufacturing sector that have a high developmental impact meaning they have potential to create or preserve jobs, support local opportunities, bring about transformation in the economy and develop emerging entrepreneurs and black industrialists. We also support manufacturing activities that improve competitiveness and are environmentally sustainable. We fund a high volume of opportunities offering high impact return on effort. Doing business with the unit Within the heavy manufacturing industry, we focus on the following sectors: Cement, lime and stone products Furniture production Glass production and products Pulp, paper and paper products Rubber…
Author: Career Planet
The IDC’s strategic business unit (SBU) for clothing and textiles offers support to a variety of enterprises across the sector, ranging from creators of home décor to leather goods producers to manufacturers of natural or synthetic fabrics. The aim is to build a locally and regionally competitive industry through strategic partnerships that promote entrepreneurship and social and industrial development. The unit also manages a Clothing, Textiles, Footwear and Leather Competitiveness Improvement Scheme. The unit works closely with the Clothing Textiles Competitiveness Program which is a grant scheme managed on behalf of the dti. Objectives of the SBU To support the development…
Our goal is to develop a competitive downstream chemicals industry (including plastics and pharmaceuticals) that will meet consumer demand in the local, regional and global markets. We aim to achieve this by investing in the development of projects/businesses that seek to create new or expand local manufacturing capabilities, replace imports and enhance competitiveness by lowering the cost of production through the introduction of new technologies. The Chemical Products and Pharmaceuticals Strategic Business Unit offers funding, as well as industry and project development support, to businesses developing downstream chemicals, plastics and pharmaceuticals products. The manufacture of the following are key focus…
The local chemicals industry plays a significant role to the country’s economy, contributing in the region of 5% to GDP and 25% of South Africa’s overall manufacturing sales. The sector-is a source of employment providing a livelihood to a large section of SA’s population. Against this background, IDC’s Basic and speciality chemicals SBU, aims to develop both the local and regional upstream basic and speciality chemicals value chain. Accordingly, the unit offers finance, business support and continued engagement with industry stakeholders where relevant including a range of entities in this space. The unit provides funding towards development of projects that…
Among the objectives of the IDC, through its Basic Metals and Mining Strategic Business Unit (SBU), is to ensure a globally and domestically competitive downstream manufacturing in the metals value chains. The aim is to ultimately contribute towards the creation of a globally competitive and diversified local basic metal and mineral resource industry that produces a significant amount of the metals products and minerals for the local market and the rest of Africa. This should ultimately lead to increased exports of value-added minerals. Accordingly, the Basic Metals and Mining SBU, offers financial assistance, to a range of entities in the…
The objective of the Automotive and Transport Equipment SBU is to ensure both domestic and global competitiveness in the downstream manufacturing of automotive and transport machinery and related components. The SBU wants to see a competitive local automotive and transportation industry that manufactures or assembles a significant portion of automotive and transportation equipment in South Africa for both the domestic and export markets and is a key global player for select components. The SBU offers funding, industry and project development support to businesses involved in developing the automotive, rail, aerospace and ship industries, and especially the following: Manufacture of motor…
One of IDC’s objectives, through the Agro-processing and Agriculture Strategic Business Unit (SBU) is to invest in the development of projects and businesses that either create new or expand local manufacturing capabilities – replacing imports and enhancing competitiveness. This is done by lowering production costs through the introduction of new technologies, by promoting the value chain approach. The aim is to develop a competitive industry in the food, beverage, fibre, forestry and agro-derivative industries; that utilises and develops local and regional resources to supply domestic demand and increase participation in international trade. This is achieved by expanding production capacity and…
What funding products are 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,…
The IDC is the primary driving force of commercially sustainable industrial development and innovation in South Africa and the rest of the African continent. The primary objective of the IDC’s New Industries Strategic Business Unit (SBU) is to support and nurture emerging industry value chains and enabling technologies that have the potential to make a significant impact on South Africa. We have identified and prioritized six industry value chains (energy storage, fuel cells, gas beneficiation, renewal energy inputs, medical devices and natural products) and two enabling technologies (additive manufacturing & nano-technology) based on their financial and developmental return attractiveness and…
Dr Felicity Coughlan, Director of The Independent Institute of Education, SA’s largest private higher education provider. Private higher education is becoming the study route of choice for an increasing number of young South Africans, in line with international trends. This is because the public is becoming more educated about their options, with people increasingly understanding that public universities and private institutions are subject to the same oversight and regulation, which means that qualifications are of the same standing, regardless of whether they are achieved at a state-funded university or one of South Africa’s 120 private institutions (popularly referred to as…