Apply for Support

Please download the application form, complete and email to info@idf.co.za for your first engagement with IDF.

  IDF Application Form
 

What process is followed?

Screening Committee 1

• Client to submit application form;
• Client to submit application form together with specified information;
• ITC and other checks.

Preliminary analysis

• Verification of authenticating of information;
• Extensive engagement with client;
• Financial information (historical and forecast).

Applicants will be required to undergo an assessment and training;

Screening Committee 2

• Consideration by committee of investment report and recommendation by Business Development Associate;
• Approval for due diligence and progressing with application.

Due diligence

• Applicant will receive due diligence list;
• A thorough due diligence exercise will be undertaken;
• Finalise structure and terms.

Investment Committee

• The Investment Committee makes final decision.

Legal Agreements

• On approval, documents will be drawn up and the terms and conditions will be finalised for signature.

Disbursement

• Once all conditions precedent have been met, the funds may be drawn down.

What documents will the applicant need to provide?

• Identity documents;
• Proof of residential address;
• Provide shareholders details eg: names, gender, race and age and respective shareholding;
• The company’s registration documents eg: Certificate of Incorporation, Certificate to Commence business, CM22, CM29, CM11, CM15, CM29 and CM31 and share certificates;
• Tax clearance certificate and VAT certificate, if applicable;
• Financial statements and/or bank statements and/or management accounts, financial projections.

Applicants are advised to start preparing the above information as soon as they start engaging with IDF in order to avoid delays in the processing of their applications.