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As the government s key partner in revitalising the economy the IDC focuses on priority economic sectors that offer the greatest potential to unlock job opportunities.
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The Local Govemment Handbook South Africa ISSN 2220-5179 THE LOCAL GOVERNMENT HANDBOOK SOUTH AFRICA 2012 A complete guide to the municipalities in South Africa SECOND EDITION IDC - a new path to development What we offer you The IDC assists start-up and existing businesses with a minimum funding requirement of Rl million and a maximum of R1 billion.
SECOND EDITION PUBLISHER Yes Media CEO Dean Muller MANAGING EDITOR Samantha Collins ASSISTANT EDITOR Olivia Main ART DIRECTOR Stephanie Loy PRODUCTION CO-ORDINATOR Ursula Munnik NATIONAL SALES MANAGER Jan Weiss PROJECT SALES MANAGER Charlton Peters PROJECT SALES Priscilla September Shakier Groenewold Nina Nodder Ibtesaam Sasman PICTURE CREDITS Additional images thanks to Kirchoff cover p7 Graeme Williams cover Hannelie Coetzee cover Mary Alexander cover Rodger Bosch cover p7 .
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Funding is offered across its mandated sedors under the following Strategic Business Units Agro-Industries Chemicals and Allied Industries Forestry and Wood Products Green Industries Healthcare Information and Communication Technology Media and Motion Pictures Metal Transport and Machinery Products Mining and Minerals Beneficiation Strategic High Impact Projects and Logistics Textiles and Clothing Tourism Venture Capital Special funding schemes are available that address transformation and entrepreneurial development (TES) topping up eq Uity contributions from entrepreneurs (TES & RCF) and sedor-specific schemes (horticulture forestry clothing and textiles hospitals).
The IDC Gro-e-Scheme provides funding for projeds from R1 million to R1 billion at prime less 3% for up to five years.
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