Search

Industrial Development Corporation (IDC): How we fund businesses in media and audio-visual.



About the Opportunity

The Media & Audio-Visual Strategic Business Unit (SBU) places a primary focus on producing locally relevant and internationally palatable content, with an emphasis on feature films, animation and TV series. The SBU also aims to close the financing gap, as well as cash-flow – the film rebate incentive. The objectives of the SBU include assisting in the following:

  • Production, post-production, and broadcast studios

  • The creation and acquisition of platforms across TV, radio, and digital media

  • The development of new or alternative distribution systems for content

  • The funding of gaming and interactive media

  • Projects or initiatives that support the more significant media industry along the value chain, such as equipment rental.

MINIMUM REQUIREMENTS

  • Compliance with international environmental standards.

  • Shareholders/owners are expected to make a financial contribution:

  • - The contribution of historically disadvantaged people under special circumstances may be lowered, in which case the IDC will be prepared to extend finance in excess of the owner’s contribution.

  • The project/business must exhibit economic merit in terms of profitability and sustainability. The IDC does not re-finance fixed assets since our aim is to expand the industrial base.

EXPANSIONS BY EXISTING BUSINESSES

  • Latest audited and actual financials (signed by the finance director, MD or CEO).

  • Your updated business plan focusing on the proposed project/expansion.

  • A detailed description of the nature of expansion, its related costs, and revenues.

  • A comprehensive business plan.


SMALL, MEDIUM AND START-UP BUSINESSES

  • A comprehensive business plan.



For more information, please click:

https://www.idc.co.za/media-audio-visual



To apply, please click:

https://protected.idc.co.za/clientportal/Home/Index?ReturnUrl=%2Fclientportal%2F



Contact Details:

Head Office

19 Fredman Drive, Sandown PO Box 784055 Sandton, 2146 Tel: 011 269 3000

Call Centre

Tel: 0860 693 888 Email: callcentre@idc.co.za

Service Feedback

Share your service experience. Email: service@idc.co.za


30 views0 comments