Who owns Industrial Development Corporation?

The Industrial Development Corporation (IDC) of South Africa Limited was established in 1940 through an Act of Parliament (Industrial Development Corporation Act, 22 of 1940) and is fully owned by the South African Government.

What does the Industrial Development Corporation do?

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 …

What does IDC fund?

The Industrial Development Corporation (IDC) is a state-owned largest development finance institution that provides funding for the development of industry in South Africa and the rest of Africa.

What does IDC stand for in SA?

Since 1940, the Industrial Development Corporation (IDC) has helped facilitate South Africa’s industrial capacity by financing viable businesses within key sectors to stimulate the country’s economic growth.

Is IDC funding a loan?

As a Development Finance Institution, the IDC can structure loans with moratorium periods until the business builds up sufficient cash-flow to service the debt.

How many employees does IDC have?

With more than 1,200 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries.

Who qualifies for Sefa funding?

Sefa offers funding to qualifying SMMEs, including those owned and run by people with disabilities, military veterans, and people in rural areas and townships. The agency’s various funds are permanently open for applications.

What industry is IDC in?

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets.

What are the requirements for IDC funding?

MINIMUM REQUIREMENTS case the IDC will be prepared to extend finance in excess of the owner’s contribution. The project/business must exhibit economic merit in terms of profitability and sustainability. The IDC does not re-finance fixed assets since our aim is to expand the industrial base.

Is IDC a good company to work for?

IDC (International Data Corporation) has an overall rating of 3.8 out of 5, based on over 535 reviews left anonymously by employees. 80% of employees would recommend working at IDC (International Data Corporation) to a friend and 79% have a positive outlook for the business.

Is IDC a good company?

IDC Technologies is rated 3.5 out of 5, based on 736 reviews by employees on AmbitionBox. IDC Technologies is known for Skill development which is rated at the top and given a rating of 3.3. However, Career growth is rated the lowest at 3.1 and can be improved.