Established in 1940, the Industrial Development Corporation (IDC) is a national development finance institution set up to promote economic growth and industrial development. It is owned by the South African government under the supervision of the Economic Development department. Micro or survivalist enterprise development is equally important for the IDC in supporting poverty alleviation initiatives.
The IDC supports innovative models for grass-roots projects resulting in self-sustenance and income generation. Support for interventions that sustain livelihoods is offered based on the innovativeness and potential of the non-governmental organisations (NGO) partner.
For more information about Industrial Development Corporation, visit www.idc.co.za.
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