Programme: IDC
Risk Capital Facility Programme – Direct or Third Party Funding
Organisation: Industrial Development Corporation – Funding is provided by the European Community through the Department of Trade and Industry. Co-managed by the IDC and the European Investment Bank
Type of Support
· Funding
· Business planning
· Training and mentorship
Programme Description
In this programme, the maximum single investment is R20 million and the minimum for businesses located in townships and rural areas is R250 000. For those in other areas, the minimum is R500 000
Target Market
Small and medium sized companies with a minimum BEE ownership of 25% plus one share.
Application Process
The job intensity of an investment calculated on a cost per job basis may not exceed R60 000
The organisation must demonstrate compliance with South African environmental legislation and have a programme for HIV/Aids prevention and awareness
Investments outside Gauteng and the Western Cape will be preferred, as well as those located anywhere in Africa
Success Stories
<Success stories to be requested from the IDC>
Contact Details
Head office
19 Fredman Drive, Sandown
Telephone: 011 269 3000
Fax: 011 269 3116
Call Centre: 0860 693 888
Email callcentre@idc.co.za
Company website: http://www.idc.co.za/
Organisation: Industrial Development Corporation – Funding is provided by the European Community through the Department of Trade and Industry. Co-managed by the IDC and the European Investment Bank
Type of Support
· Funding
· Business planning
· Training and mentorship
Programme Description
In this programme, the maximum single investment is R20 million and the minimum for businesses located in townships and rural areas is R250 000. For those in other areas, the minimum is R500 000
Target Market
Small and medium sized companies with a minimum BEE ownership of 25% plus one share.
Application Process
The job intensity of an investment calculated on a cost per job basis may not exceed R60 000
The organisation must demonstrate compliance with South African environmental legislation and have a programme for HIV/Aids prevention and awareness
Investments outside Gauteng and the Western Cape will be preferred, as well as those located anywhere in Africa
Success Stories
<Success stories to be requested from the IDC>
Contact Details
Head office
19 Fredman Drive, Sandown
Telephone: 011 269 3000
Fax: 011 269 3116
Call Centre: 0860 693 888
Email callcentre@idc.co.za
Company website: http://www.idc.co.za/
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