The
Industrial Development Corporation (IDC) operates nationally,
offering an extensive range of financing facilities
for small, medium and large scale industries to assist
entrepreneurs in the establishment and expansion of
economically viable manufacturing concerns in South
Africa. Although the share capital of the IDC is held
entirely by the South African government, the Corporation
operates independently. The most general form of financing
is by means of medium to long term low interest rate
loans but in certain cases the IDC may also take equity
in industrial enterprises. Furthermore, general factory
purpose buildings are made available to industrialists
on a lease basis. The IDC also offers specific financing
facilities across a wide range of sectors.
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