Apply for Support
Please download the application form, complete and email to info@idf.co.za for your first engagement with IDF.
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.
If you have confirmed with IDF that your business meets our investment criteria, complete the Application form and email to info@idf.co.za to provide more detail on your business.
Minister of Trade and Industry Rob Davies has approved the revised guidelines for the Black Business Supplier Development Programme (BBSDP), his department said on Monday.
As the world economy continues on a somewhat slow recovery path, South Africa should not waste the economic rebound opportunity by not recharting strategies and approaches that ensure labour-intensive economic opportunities are created.
Thirty hours may feel like a lifetime if you're spending it on a plane en route to a far-off land, but it's a drop of time in a working person's life.
news archives
- 30.11.09 Builders to sacrifice Xmas hols
- 30.11.09 Standard Bank bomb scare over
- 30.11.09 Deficit triggers rand slide
- 30.11.09 Pioneer jumps on confidence boost
- 30.11.09 Omnia growth plans intact
