SA Public Funding FY 2024/25
FY 2024/25

Grants & Loans

NEF and IDC funding structure, deal size distribution, and top disbursements

Source (unaltered): NEF — PQ705 (dtic.gov.za). IDC — Business Partners List 2024/25 (idc.co.za).
NEF — grants vs loans
Loan-only companies
315
80.4% of portfolio
Loan + Grant
77
19.6% of portfolio
Total loans
R3.52B
94.6% of total disbursed
Total grants
R194.8M
5.4% of total disbursed
Avg grant size
R2.53M
Among 77 grant recipients
Avg loan size
R9.45M
Across all 392 companies
NEF — deal size distribution (number of deals)
Under R1M R1M–R5M R5M–R10M R10M–R25M R25M–R50M R50M+
NEF — grants by province (R millions)
KwaZulu-Natal received the largest provincial grant allocation (R58M) across 122 companies. Northern Cape, Mpumalanga, Limpopo and North West received no grants — loans only.
IDC — funding product types
IDC product distribution (by company count)
IDC product types — breakdown
General loans
~145
Grants given
~32
Shareholder loans
~28
Trade finance
~12
Guarantees
~8
Quasi equity
~10
Non-market rate
~9
Stocks/equity
~8
Proj. investment
~4
NEF — top 10 largest single disbursements
#CompanyProvinceDisbursedJobs
NEF — top 10 job creators
#CompanyProvinceJobsCost/job