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- Support for the Clothing, Textiles, Footwear & Leather Industry
Support for the Clothing, Textiles, Footwear & Leather Industry
with grants and reduced interest rates
Dear Successful Entrepreneur!
The IDC offers support to the Clothing, Textiles, Footwear & Leather Industry with its CTFLGP.
Qualifying applicants should manufacture products that undergo a value-adding manufacturing process and form part of one or more of the following processes:
Clothing manufacturing.
Textile manufacturing.
Cut, Make and Trim (CMT) operators in the manufacturing processes mentioned.
Footwear manufacturing.
Leather goods manufacturing, and
Leather processing (specifically for the Leather Goods and Footwear Industries and automotive leather industry)
The IDC developed 4 different funds
Programme A: Competitiveness Improvement - interest-free loan with up to 50% as a grant
Programme B: Expansionary Working Capital - interest-free loan over 5 years for up to R 10 million
Programme C: Start-up Funding - interest-free loan, up to R 5 million, with up to 75% as a grant,
Programme D: Cluster Funding
If you like to determine if you qualify for this fund, or need assistance with the required business plan and support to apply for this fund please reply to this email and Anne will be able to guide you.
To Your Success
Your Funding Connection Team
Landline: +27 (0)31 761 8677 or Cellphone +27 (0)61 542 4037
Headquarters: 2 Old Main Road, Hillcrest Office Park, Hillcrest, KZN 3610
Satellite Offices:
Johannesburg: Infinity Venue, 30 4th Avenue, Northmead, Benoni - only by appointment