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IDC Innovation Fund (PYEI / NPMN)

IDC Innovation Fund — Round 3

Supports projects that reduce youth employment barriers in South Africa through innovation grants for social ventures.

The IDC Innovation Fund is a grant initiative administered jointly by the Industrial Development Corporation of South Africa (IDC) and the National Department of Employment and Labour, operating under the Presidential Youth Employment Intervention (PYEI) and the National Pathway Management Network (NPMN). The fund specifically targets organizations proposing innovative solutions to structural barr

Grants for organisations proposing innovative approaches to youth employment barriers, demand stimulation, and systems change in marginalised areas of South Africa.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Multiple per year
Next deadlineiThe next date applications are due. Rolling means you can apply any time.
Decision timeiTypical time from the deadline to the funder's decision.
Project durationiHow long the funded work is expected to run.
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.

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Last verified: 22 Jul 2026Source: www.idc.co.za