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Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Loans

IDC Gro-E Youth Scheme

Status

Status not published

Rolling applications to the IDC.

Open now
Amount
50,000,000 ZAR

Concessionary funding from ZAR 1 million upwards (typically to ZAR 50 million) at reduced interest rates for youth-owned businesses, with a portion sometimes structured as a grant or interest subsidy.

Funder

Industrial Development Corporation of South Africa (IDC)

public · national

Deadline: Open all year — Rolling applications to the IDC.

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
major

Major bid — written case, budget, possibly partners.

Who can apply

Requires majority ownership by South African youth (18-35). Minimum deal size makes it unsuitable for very small startups.

How to apply

  1. Submit an online funding application to the IDC.
  2. Basic assessment and allocation to a sector team.
  3. Due diligence.
  4. Credit committee approval and legal agreements.

What you will need

Apply on the funder's site

Source. https://www.idc.co.za/gro-e-youth/ · not human-checked

Verified on 14 August 2026

Source: www.idc.co.za

Similar programmes

Paid, separate from Unclaimed

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