Having a dream, or a big idea for a new business is an exciting prospect. If only a good idea and a bit of luck was all you needed to create a successful startup! Starting a business is always a risk and the reality is that it takes a lot more to go the distance and become truly successful. Timing, competition, and future market conditions can make or break a business.
So how can you improve the odds for success?
Well, If your business plans are aligned with the market environment around you, you’re off to a good start. Right now, certain industries are poised for rapid growth. If you want your business to still be around in another 10 years, knowing where the opportunities lie for new business prospects will give you a massive advantage.
FOCUS SECTOR SUPPORT & FINANCE FOR ENTREPRENEURS
The following sectors have been identified as growth areas for investment and support in South Africa – making them attractive options for new business ventures and business growth.
One of IDC’s objectives, through the Agro-processing and Agriculture Strategic Business Unit (SBU) is to invest in the development of…
The objective of the Automotive and Transport Equipment SBU is to ensure both domestic and global competitiveness in the downstream…
The IDC’s strategic business unit (SBU) for clothing and textiles offers support to a variety of enterprises across the sector,…
The Small Enterprise Finance Agency (SOC) Limited (sefa) provides financial products and services to qualifying SMME’s and Co-operatives, as defined…
Our goal is to develop a sustainable motion picture value chain in South Africa through funding the production of feature…
Our goal is to support light manufacturing activities that have a high developmental impact meaning they that have potential to…
Our goal is to finance projects in the heavy manufacturing sector that have a high developmental impact meaning they have…
Our goal is to unlock infrastructure development to create an environment that helps grow South Africa’s economy. To that end,…
Our goal is to ensure globally and locally competitive downstream manufacturing of machinery and capital equipment. Ultimately, we wish to…
The local chemicals industry plays a significant role to the country’s economy, contributing in the region of 5% to GDP…
Our goal is to develop a competitive downstream chemicals industry (including plastics and pharmaceuticals) that will meet consumer demand in…
Among the objectives of the IDC, through its Basic Metals and Mining Strategic Business Unit (SBU), is to ensure a…
The primary objective of the New Industries Strategic Business Unit (SBU) is to support and nurture emerging industry value chains…