IDC Agri-Industrial Fund
Provides blended finance for agro-processing firms and farmers to increase black ownership and scale industrial production.
The Industrial Development Corporation (IDC) Agri-Industrial Fund is a blended finance facility operated by South Africa's state-owned national development finance institution, established under the Department of Trade and Industry and Competition. The fund combines a non-repayable grant element with debt financing — and quasi-equity or equity on a case-by-case basis — to develop competitive agro-…
Blended grant and debt finance for at-least-60%-black-owned agro-processing enterprises in South Africa, covering food and non-food crops, poultry, and livestock from a minimum of R1 million.
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