Industrial Development Corporation (IDC) Bursary 2024/2025

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Industrial Development Corporation (IDC) Bursary Application 2024/2025

The Industrial Development Corporation (IDC) Bursary Application for 2024/2025. Find below How to Apply for Industrial Development Corporation (IDC) Bursary 2024/2025.

Our Bursaries pages seek to provide readers (Students) and applicants with:

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About the Industrial Development Corporation (IDC): The Industrial Development Corporation (IDC), established in 1940, is owned by the government of South Africa and is under the supervision of the Economic Development Department. The IDC is a national development finance institution, which provides youth enterprises, that are undertaking industrial development projects, with financial and non-financial support. The institution was created with the aim of promoting economic growth and industrial development, as well as contributing to sustainable job creation within the country, as well as across the rest of Africa. The IDC provide financial assistance to entrepreneurs starting new enterprises, as well as companies wishing to extend their current operations, to a maximum of R1 billion.

Before you proceed to know How to Apply for Industrial Development Corporation (IDC) Bursary 2024/2025 take a quick look at the topics below if you are interested:

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Details of Industrial Development Corporation (IDC) Bursary Application 2024/2025

FIELDS OF STUDY

The IDC bursary programme will be awarded within the following fields of study:
ENGINEERING:

  • Chemical Engineering
  • Civil Engineering
  • Electrical Engineering
  • Electronic Engineering
  • Industrial Engineering (BSc)
  • Mechanical Engineering
  • Metallurgy Engineering
  • Mine Survey
  • Mining Engineering

SCIENCE:

  • Actuarial Science
  • Analytical Chemistry
  • Agriculture
  • Environmental Science
  • Geology (University of Technology studies, leading to a BTech qualification)

COMMERCE & IT:

  • Accounting (CA Bcom)
  • Computer Science
  • Information Systems (BCom)
  • Investment Management
  • Information Technology

LAW:

  • Commercial Law (BCom)
  • LLB (Bachelor of Law)
  • Law (Postgraduate Diploma

Service and Contracts

Expenses will be covered by the bursary programme: tuition, prescribed books, accommodation, a laptop and an allowance.

Once students have graduated, they will be required to work for IDC for an amount of time equal to that of their bursary awarded.

Successful candidates will be informed of the outcome of their application by 20 December 2020 at the latest. If you do not receive any email correspondence, please regard your application as unsuccessful.
Industrial Development Corp(IDC) Bursary Application Requirements

Applicants must satisfy the following minimum entry criteria before applying

  • South African citizen
  • Residing in South Africa
  • Under 25 years old
  • Completed Matric OR currently in completed Matric
  • Studying or intend on studying full time within one of the aforementioned fields of study
  • Studying or intend on studying at a recognised public University/ University of Technology/ TVET College (NOT a private institute)
  • Achieved a minimum “B” symbol for Mathematics and Science in Matric
  • NOT currently in receipt of any other funding from a bursary or employer
  • Proven financial need – based on total household income
  • Students with disabilities are encouraged to apply
  • Students living in rural communities are encouraged to apply

Industrial Development Corporation (IDC) Bursary Application Procedures 2024/2025

Applications must be done online at:  https://protected.idc.co.za/BursaryPortal/

  • ID document (certified copy)
  • Grade 11 final results, if currently in Matric (certified copy)
  • Matric June results, if currently in Matric (certified copy)
  • Matric certificate, if completed Matric (certified copy)
  • Latest academic results, if not studying this year (certified copy)
  • Full tertiary academic record, if currently at tertiary level (certified copy)
  • Proof of Registration/ provisional admission
  • Parents/ guardians proof of income (latest payslips if employed/ sworn affidavit or financial statements if self-employed/ sworn affidavit or death certificate if deceased/ divorce certificate if divorced/ sworn statement if separated) (certified copies)

Closing Date: 31 October

Contact Industrial Development Corporation (IDC) for more details about the Bursary and also check your status.

Tel: 011 269 3374

Email: bursary@idc.co.za

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