Idc Tourism Fund

The department of tourism signed a memorandum of agreement with the national empowerment fund.

Hualien tourism. As a result all face to face meetings will be replaced by email and telephone. The fund is a dedicated capital investment mechanism to drive transformation in the tourism sector in a more direct and impactful manner. This fund focuses on the tourism sector and provides asset based finance.

Green tourism incentive programme. Email idcattip offscom call 0800 30 33 36 sms 39640. The green tourism incentive programme gtip is an initiative of the national department of tourism with a key objective of encouraging privately owned tourism enterprises to move towards cleaner and renewable energy sources and the efficient utilization of water.

The industrial development corporation idc has been around since 1940 and is a national development finance institution belonging to the whether you have an existing business or wish to start a new one if your mandate is job creation and serving previously disadvantaged communities funding from. Industrial development corporation idc tourism. One of idcs objectives through its tourism strategic business unit sbu is to help facilitate job creation in both the local economies and those in the rest of africa.

We fund start up and existing businesses up to a maximum of r1 billion. We consider debt of r1 million. It aims to assist small and micro black owned tourism enterprises to expand and grow with the goal to create a new generation of black owned youth women and community based tourism industrialists.

Whilst the bulk of investments have been made in businesses in the accommodation sub sector the idc also supports businesses operating in business and adventure tourism as well as projects that develop township tourism. Suspicious documents supposedly from the idc in your inbox. The research grants fund is managed by the idcs research and information department on behalf of the apcf steering committee and the funds are used to finance academic and applied research projects on a sector wide sub sector andor company.

The tourism sbu primarily invests in the accommodation sub sector with a particular focus on business hotels in fast growing areas. Idc finance light manufacturing tourism the idcs goal is to support light manufacturing activities that have a high developmental impact meaning that they have potential to create or preserve jobs support local opportunities bring about transformation in the economy and develop emerging entrepreneurs and black industrialists. We thank you for your cooperation and understanding.

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