Programme: IDC Support Programme for Industrial Innovation - Matching Scheme  

Organisation: Industrial Development Corporation


Type of Support

·         Funding


Programme Description

The programme includes a taxable non repayable grant pegged at a maximum of R5 000 000 covering between 50% and 75%  of qualifying costs incurred in the pre-competitive development activity associated with a specific development project. A 50% matching grant is available to large companies


Target Market

Small to medium businesses

Large businesses  


Application Process

The amount awarded depends on the shareholding by BEE, women and persons with disabilities

The incentives for BEE and women participation provided under the Matching Scheme do not apply to large companies


Success Stories

http://www.idc.co.za/home/media-room/articles.html


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


The company website: http://www.idc.co.za/