Procedure
Apply via Agent
Apply In-Person:
- To Get Technology Venture Capital Fund (TVC), the applicant must go to the Industrial Development Corporation Office (IDC) in South Africa. Contact Link
- The applicant must submit a proposal letter to the respective authorities in the IDC office.
- Make sure that you have all the documents that are mentioned in the “Required Documents” section of this page.
- All the necessary documents must be submitted to respective authorities in the IDC office.
- After verifying the documents completely, if the company qualifies the eligibility requirements set by the IDC board, then the approval for the Technology Venture Capital Fund will be granted and sanctioned to the applicant.
- There are no fee or charges to file the incentive application.
- The processing time will be intimated to the applicant while applying.
Required Documents
- Written proposal.
- Other documents requested by the officials. (If applicable)
Office Locations & Contacts
Industrial Development Corporation - Head Office
Physical Adsress:19 Fredman Drive,
Sandton,
JOHANNESBURG
South Africa
Postal Adsress:PO Box 784055,
SANDTON,
2146
South Africa
Phone: 011 269 3000 / 011 269 3271
Fax: 011 269 3116
Email: callcentre@idc.co.za?
Website link
Eligibility
- Any South African companies (SMME) that wish to commercialise innovate products are eligible to apply for the TVC application.
Fees
- No fees or charges are levied for the processing or evaluation of the applications.
Validity
- The validity period will be intimated to the applicant while approving the application.
Documents to Use
Please attach documents that can be used by people. e.g., links
Sample Documents
Please attach sample completed documents that would help other people.
Processing Time
- The processing time will be intimated to the applicant while applying.
Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.
Instructions
Please provide other instructions related to the certificate/documents.
e.g., The state office holds birth records since January 1908.
Required Information
- Name of the Applicant
- Title
- Name of the contact person
- Email
- Fax
- Mobile Number
- Work
- Company Name
- Company Registration Number
- Business idea details
- Registered Address
Need for the Document
- After getting the approval from the IDC, the applicant will receive the technology venture capital fund for their companies.
- Financial assistance to qualifying companies that wish to commercialise innovative products.
Other uses of the Document/Certificate
Please explain what are other uses of obtaining this document/certificate.
e.g., Birth Certificate can be used as proof of identity.
External Links
Others
More information which might help people.