Industrial Development Corporation (IDC)
OpenIDC Growth Funding
Funding amount
R1 million to R1 billion
Debt, equity, and quasi-equity financing for established businesses looking to expand, diversify, or transform. No age restriction - open to any South African entrepreneur or business owner.
Who qualifies
South African business, viable project, ability to repay, no upper age limit. Focus sectors include manufacturing, agro-processing, mining, tourism, and green economy.
Documents needed
- Business plan
- Financial statements (3 years)
- ID documents
- Company registration documents
- Bank statements (6 months)
Always verify eligibility and deadlines on the official source before applying.