Industrial Development Corporation

Investor type

VC

Founded

1940

AUM

-

Location

South Africa

$0-1 m

Investment Ticket

3-5 years

Investment Horizon

Seed, Series B, Series A

Investment Stage

Expansion

Exit Strategy

Investor profile last updated: 06 December, 2025

Profile

The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940). The IDC was mandated to develop domestic industrial capacity, specifically in manufactured goods, to mitigate the disruption of trade between Europe and South Africa during the Second World War.





For more than 70 years the IDC has contributed to the implementation of South Africa's industrial policy and has established, among others, the petro-chemicals and minerals beneficiation industries. We have stimulated large industrial projects in these industries - acknowledged today as the cornerstones of the country's manufacturing sector - and influenced the establishment of industries in fabricated metals, agriculture and clothing and textiles.

Industry

Automotive Agriculture Healthcare Services Media and Entertainment Pharmaceuticals Financial Services Fintech Food and Beverage Foodtech Industrial Medical Devices Metals and Mining Other Transportation MedTech Life Sciences Infrastructure Energy HealthTech

Region of investment

Africa

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FAQs about Industrial Development Corporation

Industrial Development Corporation is located in South Africa.
Industrial Development Corporation was founded in 1940.
Industrial Development Corporation invests in companies and startups in Automotive, Agriculture, Healthcare Services, Media and Entertainment, Pharmaceuticals, Financial Services, Fintech, Food and Beverage, Foodtech, Industrial, Medical Devices, Metals and Mining, Other, Transportation, MedTech, Life Sciences, Infrastructure, Energy, HealthTech.
Industrial Development Corporation invests in companies and startups in Africa.
Industrial Development Corporation invests in companies and startups at Seed, Series B, Series A.
Industrial Development Corporation usually invests $0-1 m on average.