Established in 1940, we are a national development finance institution set up to promote economic growth and industrial development. We are owned by the South African government under the supervision of the Economic Development Department.
We have an array of funding instruments that cover a number of sectors. Our role is to enhance the industrial capability of South Africa, and the rest of the continent, thereby boosting economic growth and industrial development. We do this by funding entrepreneurs starting new enterprises or supporting companies that want to extend existing operations.We fund start-up and existing businesses up to a maximum of R1 billion. We consider debt of R1 million. We also have a number of special schemes available, administered by our Development Funds Department.
Funding can be structured in a number of ways: Debt, Equity and quasi-equity, Guarantees, Tradefinance, Venture capital.
|Location||19 Fredman Drive, Sandown, Sandton, South Africa|