Programme: IDC
Risk Capital Facility Programme – Niche Fund Channel
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
The programme involves a Niche Fund Channel using Venture Capital Fund Managers. The financial instruments used are in the form of equity and quasi equity up to a maximum of R30 million
Target Market
Small and medium enterprises with a developmental focus
Application Process
The Risk Capital Facility Programme will always be a minority equity investor
The applicants must demonstrate compliance with South African environmental legislation
Should have a programme for HIV/Aids prevention and awareness
The fund manager must demonstrate a sound track record, The minimum BEE ownership is 25% plus one share
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 +27 (11) 269 3000
Fax: +27 (11) 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
The programme involves a Niche Fund Channel using Venture Capital Fund Managers. The financial instruments used are in the form of equity and quasi equity up to a maximum of R30 million
Target Market
Small and medium enterprises with a developmental focus
Application Process
The Risk Capital Facility Programme will always be a minority equity investor
The applicants must demonstrate compliance with South African environmental legislation
Should have a programme for HIV/Aids prevention and awareness
The fund manager must demonstrate a sound track record, The minimum BEE ownership is 25% plus one share
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 +27 (11) 269 3000
Fax: +27 (11) 269 3116
Call Centre: 0860 693 888
Email callcentre@idc.co.za
Company website: http://www.idc.co.za/
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