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Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Loans

IDC Gro-E Youth Scheme

Status

Status not published

Rolling applications to the IDC.

Open now
Amount
50,000,000 ZAR

Minimum R1 million, maximum R50 million per transaction. Pricing: over 26% youth owned Prime less 2%; over 50% youth owned Prime less 3%.

Funder

Industrial Development Corporation of South Africa (IDC)

public · national

Deadline: Open all year — Rolling applications to the IDC.

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
major

Major bid — written case, budget, possibly partners.

Who can apply

South African citizens and permanent residents aged 35 or under at final approval; youth shareholding at least 26% with operational involvement; start-up or expansion within South Africa; cost per job up to R800,000; B-BBEE level 4 or plan to reach it within 24 months.

How to apply

  1. Submit an online funding application to the IDC.
  2. Basic assessment and allocation to a sector team.
  3. Due diligence.
  4. Credit committee approval and legal agreements.

What you will need

Related reading: How grant deadlines actually work

Apply on the funder's site

Source. https://www.idc.co.za/gro-e-youth-scheme/

"Minimum of R1 million and Maximum of R50 million per transaction; Available to South Africans and permanent residents up to and inclusive of the age of 35 years"

Last checked against the official page on 5 October 2026

Source: www.idc.co.za

Report an error Something wrong or out of date? Tell us.

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