Our sectors

Asset finance

A secured business loan in which the borrower pledges as collateral any assets used in the conduct of his/her business; also called commercial finance or asset-based lending. Lending is done against inventories as opposed to cash flow.

Black Economic Empowerment (BEE):

An integrated and coherent socio-economic process that directly contributes to the economic transformation of South Africa and brings about significant increases in the number of black people that manage, own and control the country’s economy, as well as significant decreases in income inequalities.

Bridging Finance:

Bridging finance is a solution that is meant to provide financial assistance to small and medium entrepreneurs who have secured fixed contracts.

Broad-based black economic empowerment (BBBEE):

The economic empowerment of all black people including women, workers, youth, people with disabilities and people living in rural areas, through diverse but integrated socio-economic strategies, that include,

  • Buy-in: The purchase of a business by an outside team of managers who have found financial backers and plan to manage the business actively themselves.
  • Capital expenditure: Amount used during a particular period to acquire or improve long term assets such as property, plant, or equipment.
  • Commercial Loans: a loan to a company to meet business operating expenses or to finance the purchase of inventory.
  • Development impact: Projects which have a significant developmental impact i.e. job creation, empowerment and rural development.
  • Equity: Also referred to as Shareholders’ Funds, Owners’ Interest or Net Asset Value. In a company Equity would be calculated by Either deducting Total liabilities (current and long term) from Total Assets (current, movable/immovable and tangible/intangible), or by aggregating Share Capital (Ordinary and Preference Shares), Share Premium, Shareholders’ Loans; Non-Distributable Reserves and Retained Income / Accumulated Losses

Export Finance:

Fixed contract: A contract which is bound by completion of a project or a pre-determined time period.


A franchise is a grant by the franchisor to the franchisee, entitling the latter to the use of a complete business package containing all the elements (trade marks, trade dress, copyright, know-how, trade secrets, business concept, methodologies) necessary to establish a previously untrained person in the franchised business, to enable him or her to run it on an ongoing basis, according to guidelines supplied, efficiently and profitably.

Greenfield developments:

These comprise projects that are undertaken in an area where unoccupied land is developed as part of a new township; or that are undertaken in an existing township where an undeveloped parcel of land is utilised for development purposes.

Historically disadvantaged persons:

South African citizens who are black people, women or people with disabilities and that black people are defined to include `Africans, Indians and Coloureds’

Import Finance:

Key competencies: Skills or competencies, such as financial, technical and sales, considered essential for people to participate effectively in the workforce.

Niche market:

A small but potentially profitable market segment where custom-made products are designed for customers. Niche marketers are often reliant on the loyalty business model to maintain a profitable volume of sales.

Market share:

The volume of sales, expressed as a percentage, achieved by one company in a specific geographic area, compared to all sales of similar products or of similar companies.


Mentoring is a one to one relationship through which the mentor invests time, knowledge and effort to help the mentee reach all his / her potential, both as an individual and as a professional in terms of behaviour, knowledge and skills.

Public Private Partnerships:

A system in which a government service or private business venture is funded and operated through a partnership of government and one or more private sector companies.

Seed Capital:

Funding for research, evaluation and development to prove the concept or business to qualify for start-up capital.

Shareware housing:

A situation in which an entity purchases shares with a view of on-selling them to a 3rd party in the medium/short term. In other words, the entity does not intend to hold the shares for the long term.


Broadly, a small enterprise is defined as having up to 50 employees, and a medium enterprise from 51 to 200. Companies with up to 10 staff are defined as micro enterprises.

Start-up Capital:

Funding for new business to complete development before commercial traction of business is achieved.

Strategic Business Unit (SBU):

Due to the diversity of our operations, IDC has established a number of Strategic Business Units. Each has a specific area of expertise and together they cover an extremely wide range of industries and services.

Suspensive sales:

A financing instrument that is similar to an instalment sale, but ownership of the goods will only pass to the buyer once the "suspensive condition" of full repayment has been made. A business entering into a suspensive sale agreement may claim the interest paid as a business expense.


The acquisition of one company by another.

Wholesale Finance:

Funding given to intermediaries to lend to individual entrepreneurs.


Funds, other than paid-up capital and retained earnings, employed in a business and which will remain in a business as permanent capital.

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Our sectors

Our strategic business units work in three distinct areas: the services sector; within the mining and manufacturing sector; and in the agro-processing and new industries environment. MORE >

Our regional support

We make an impact across the country, helping develop new business, growing existing companies, boosting local economies and providing expertise wherever needed. MORE >

Annual report

Advancing Industrial Development covers our financial and non-financial strategy and performance aspects for 2015. MORE >

Our products

We offer a wide range of products from debt equity to providing working capital and equipment finance. MORE >

Our research

Stay informed and read our award-winning research reports, as our team keep tabs on the economic trends globally, regionally and locally. MORE >

Corporate responsibility

We are playing our part in improving the quality of life of all our communities, especially in rural and underdeveloped areas. MORE >

Doing business with us

This is your one-stop-shop where you can engage with us directly via our e-services. MORE >

Domestic Medium Term Note Programme

The Industrial Development Corporation of South Africa Ltd has established a ZAR15,000,000,000 Domestic Medium Term Note Programme (as amended and updated on 17 July 2012). You can read the memorandum here. MORE >

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