How the IDC is helping small businesses during COVID-19 pandemic

How the IDC is helping small businesses during COVID-19 pandemic

The impact of the coronavirus on all businesses coupled with the uncertainty as the country emerges from lockdown has been devastating for many small business owners. Some companies have been forced to take drastic measures, such as retrenching employees just to stay afloat. In light of the pandemic, The Industrial Development Corporation's (IDC) Head of Small Business Finance & Regions David McGluwa spoke to Khutso Theledi about their COVID19 funding […]

May 29, 2020 13

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The IDC wants to give you that mining opportunity you’ve been waiting for

Mining is an industry that is often overlooked by the South African youth because it is perceived as difficult and inaccessible. The IDC's main objective is to drive mining knowledge accessibility as well as expand industrial capacity in South Africa. The Industrial Development Corporation’s Basic Metals and Mining SBU department, lead by Rian Coetzee, prides itself on encouraging and engaging the youth to take part in the industry by providing loans […]

January 24, 2020 25

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This is why funding isn’t a problem with the IDC and SEFA

YFM partnered with the Industrial Development Corporation (IDC) to help educate South Africa's youth on the governmental funding opportunities available to them. Tumi Sefolo of the Small Enterprise Finance Agency (SEFA) spoke to Khutso Theledi about what SEFA had in store for the youth. SEFA is of the Department of Small Business Development (DSBD) is a subsidiary of the IDC. The unemployment rate in South Africa is at an all-time […]

November 29, 2019 24 3

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Achieve your entrepreneurship dreams with funding from the IDC

With our ever-growing society and current economic status, the youth is looking in all directions for financially emancipating opportunities. According to IDC Impact Support Department head, Stuart Bartlett, for the South African youth, entrepreneurship is the most fruitful fete. The Industrial Development Corporation’s Development Impact Support Department, headed by Stuart Bartlett, encourages and guides the youth to branch out into their starting their businesses. The department of Impact Support marginalises people and […]

November 15, 2019 42 1 2

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IDC offers funding opportunities for the arts industry

According to the National Film and Video Foundation, the South African film industry had a total of R42 million in box office earnings in the first half of 2019. This being almost a 247% increase from the first half of 2018. In-studio, #KrunchWithKhutso host, Khutso Theledi, had Maiijang Mpherwane, IDC Head of Media and Audio Visual. Who highlighted funding opportunities in his department that are available to South African applicants. […]

November 1, 2019 30