industrial development corporation women in oil and … · draft industrial development corporation...
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Industrial Development Corporation Women in Oil and Energy
Department of Energy
Business Opportunities in the Energy Sector
17 September 2015
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About the IDC
Established in 1940 National Development Finance Institution Main Business area: Providing finance for entrepreneurs and projects that are contributing to industrialisation and job creation Owned by the South African government
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Regional presence
• Regional offices are fully fledged operational offices that form part of the IDC’s deal origination process;
• Satellite offices do not have permanent staff and are manned at specific times by employees from the regional office. These offices are generally shared with other DFIs or agencies;
• Access to IDC funding has been improved by allowing on-line applications and an on-line tool to assist businesses to develop business plans.
• IDC has offices in all provinces;
Free State Free State Free State Free State Free State Free State Free State Free State
Limpopo Limpopo Limpopo Limpopo Limpopo Limpopo Limpopo Limpopo
Brits Regional
Office
Klerksdorp Satellite Office
Mahikeng Regional
Office
Rustenburg Regional
Office
Vryburg Satellite Office
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IDC focus areas
IDC focus
Black industrialist
Job creation
Women owned Localisation
Youth owned
Control Strategic leadership Operational leadership R23 billion
Jobs created Jobs saved R10 billion
25% plus owned R400 million (equity)
Government procurement Inputs into infrastructure
25% plus owned R1 Billion
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IDC’s sectoral focus- R102 bn over 5 years
Cultural industries: Craft and film
Green and energy saving industries
Bio fuels
Metals fabrication, capital and transport
equipment
Automotives, components, medium and heavy commercial
vehicles
Plastics and chemicalsClothing, textiles,
footwear, leatherForestry, paper &
pulp, furniture
Advanced manufacturing
Agro-processing
Downstream mineral beneficiation
Tourism
Business process services
Logistics
New Growth Path
IPAP
Legend:
Pharmaceuti-cals
ICT
Healthcare
Mining related technologies
Biotechnology
Mining Areas not specifically part
of NGP or IPAP2
Industrial infrastructure
R22.4 billion
R7.7 billion
R20.8 billion R22.1 billion
R14.8 billion
R11.1 billion
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Funding products and criteria
Debt
Equity
Quasi-equity
Guarantees
Trade Finance
Security
Own contribution
PRODUCTS CRITERIA
Economic Merit
No refinancing
BEE
R1 mil – R1 bil
Start-up and existing
Acquisition finance
Business Support
Business Plan
KSF’s
Quality Research
Management
Market
Passion
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Funding schemes
The IDC plays a crucial role in growing the
economy, creating jobs, empowering women, youth and
people with disabilities
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Gro-E Scheme
Max cost per job of R500 000
Operating / expanding in SA
BBBEE certification
Up to 5 years
Loans at prime – 3%
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Women Entrepreneurial Fund
Minimum Shareholding 50%
Nett Asset base of less than R15m
Operationally Involved
Up to 5 years
Loans and Equity
Maximum R30 million
Total Asset base: R80 million
Start-ups and Expansions
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IDC in Energy Sector (Green Industries)
2014
Accumulative to 2014 since 2011 (4 years)
R mil R mil Renewable Energy 1243.9 14 114
Energy Efficiency 25.7 442
Fuel Based Energy 497.4 1 684
TOTAL 1 767 17 640
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•Current funds invested is R7,2 billion • In the last 4 years North West approvals amounted to R4,9
billion to 38 companies facilitating the creation of 24 998 direct jobs E.g. Mining, Agriculture, Manufacturing and Tourism
•Contributed in the drafting of the NW Provincial Renewable
Energy Strategy with DEDECT •CSI Initiatives - Nguni Cattle Project and Whole School
Development Programme
Provincial Highlights – A good story to tell Highlights in the North West Province
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Green Industries - Renewable Energy Investment
The first Solar Farm in the country that was connected to the grid, situated in Rustenburg, North West Province
Rustmo1 Solar Farm (Pty) Ltd (Momentous Energy)
Description – 8.9 MW (7.1MW delivered to the grid) Fixed panels thin film Photovoltaic (PV) technology farm in Rustenburg, near Marikana IDC investment – R156m exposure IDC role – Assistance with feasibility studies and round 1 bid preparation Development outcomes – 18 permanent jobs.
MOMENTUS ENERGY
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How to apply
Online IDC Direct
Call Centre 0860 693 888
Email [email protected]
Submit your business plan…
Contact your nearest regional office
Mahikeng: 018 397 9942
Call Centre 0860 693 888
Email [email protected]
Make an enquiry…
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Thank you