IDC Business Plan Outline

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We support industrial capacity development proactively identifying and funding high-impact projects, creating viable new industries, and using diverse industry expertise to drive growth in priority sectors. This is done to facilitate sustainable direct and indirect jobs; promoting entrepreneurial development and growing the SME sector; and transform communities and growing black industrialists. We fund industrial development projects, play a catalytic role in promoting partnerships across industries within and outside our borders, and promote regional economic growth through

Proactively indentifying and funding high-impact and labour-intensive projects;

Leading the creation of viable new industries

Using our diverse industry expertise to drive growth in priority sectors; and

taking up higher-risk funding projects.

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Description

The Industrial Development Corporation is a national development finance institution whose primary objectives are to contribute to the generation of balanced, sustainable economic growth in Africa, and to the economic empowerment of the South African population, thereby promoting the economic prosperity of all citizens. The IDC achieves this by promoting entrepreneurship through the building of competitive industries and enterprises based on sound business principles.