About Industrial Development Corporation
The Industrial Development Corporation (IDC) is a South African development finance institution that aims to promote economic growth and industrial development in the country. Established in 1940, the IDC provides financial assistance to various sectors, including manufacturing, mining, and agriculture, to stimulate job creation and enhance the country's economic landscape. The organization plays a crucial role in funding projects that align with national priorities and supports small and medium enterprises (SMEs) to foster entrepreneurship. The IDC also engages in partnerships with other financial institutions and stakeholders to leverage additional resources for development initiatives.
Company facts
- Industry
- Financial Services
- Sub-industries
- Development Finance, Investment Banking, Venture Capital, Private Equity, Project Financing
- Location
- Johannesburg, South Africa
- Employees
- 1K–5K
- Revenue (USD)
- 100–500M
- Founded
- 1940
Products and services
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