IDC Gro-E Youth Scheme
Status not published
Rolling applications to the IDC.
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.
Industrial Development Corporation of South Africa (IDC)
public · national
Deadline: rolling — Rolling applications to the IDC.
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.
Major bid — written case, budget, possibly partners.
Who can apply
- Sectors: manufacturing, agri, energy, any
- Stage: seed, series_a, growth
- Locally registered entity required
Requires majority ownership by South African youth (18-35). Minimum deal size makes it unsuitable for very small startups.
How to apply
- Submit an online funding application to the IDC.
- Basic assessment and allocation to a sector team.
- Due diligence.
- Credit committee approval and legal agreements.
What you will need
- Business plan
- Financial projections
- Proof of youth ownership (IDs)
- CIPC registration
- Quotations for capital items
Source. https://www.idc.co.za/gro-e-youth/ — checked 2026-08-14 · not human-checked