The Department of Industrial Development Corporation, IDC is now accepting applications for its 2025 academic year bursary program. The IDC is a national development finance institution that provides youth enterprises undertaking industrial development projects with financial and non-financial support.
The IDC Bursary provides financial assistance to entrepreneurs starting new enterprises and companies wishing to extend their current operations to a maximum of R1 billion. The bursary will cover the following expenses: tuition fees, accommodation, meal allowance, transport allowance, and a once-off laptop. Students must be in financial need, as an affordability assessment will be conducted as part of the selection process.
Bursaries will be awarded for undergraduate studies within the following fields:
Commerce and Management Studies:
- BCom Accounting (CA)
- Cost and Management Accounting
- Econometrics Business Management
- Economics
- Entrepreneurship
- Financial Accounting or Engineering
- Financial Management
- Investment Management
- Information Systems (BCom)
- Information Technology
- Internal Audit
- Quantitative Finance
- Quantitative Risk Management
- Supply Chain Management
- Transport or Logistics Management
Engineering:
- Agricultural Studies
- Analytical Chemistry
- Chemical Engineering
- Civil Engineering
- Construction Engineering
- Electrical Engineering
- Electronic Engineering
- Geology (University of Technology leading to a B Tech)
- Industrial Engineering
- Mechanical Engineering
- Metallurgy Engineering
- Mining Engineering
- Quantity Surveying
Applied Commercial Sciences:
- Analytical Chemistry
- Actuarial Science
- Agricultural Studies
- Biotechnology
- Computer Science
- Data Science
- Environmental Science
- Mathematics
- Physics
- Statistics
Law:
- BCom Law (Commercial Law)
- Bachelor of Law (LLB)
- Diploma Law Studies
- Postgraduate Diploma in Law
Bursaries will be awarded to learners who are academically talented but lack funding to pursue higher education.
Application Requirements for IDC Bursary
Applicants must meet the criteria below before applying. Below are the application requirements for the Amazon Bursary;
- You must be a South African citizen
- You must NOT be older than 26 years old
- You must be currently in Matric or have completed Matric
- You must be studying or intend on studying full time towards a first undergraduate qualification, in one of the fields listed above (the bursary will NOT fund second qualifications)
- Postgraduate funding will only be awarded to Finance, Accounting, and Law students (the bursary will NOT fund postgraduate qualifications in other fields)
- You must be studying or intend on studying at a recognized public University, University of Technology, or TVET College in South Africa (the bursary will NOT fund studies at private colleges)
- Matric students: you must have achieved a minimum of 75% Admission Point Score (APS)
- Tertiary students: you must have achieved a minimum of 65% APS
- You must have a combined household income of NOT more than R600 000 per annum
- You must have an excellent academic performance
- You must be in financial need
- You are meant to be unemployed
- Preference will be given to students living with a disability
- Preference will be given to students who are studying or matriculated from Quintile 1, 2, and 3 schools (public schools), schools from previously disadvantaged communities, and rural areas
How to Apply for The IDC Bursary 2025
Applications must be submitted online at IDC Bursary Application 2025
Applicants will be required to register an account before they can log in and apply (scroll down to the bottom of the page).
Submit clear copies of the following supporting documentation along with your online application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
- ID document (certified copy – not older than 6 months)
- Grade 11 final results and Matric June results, if currently in Matric (certified copies)
- Matric certificate, if completed Matric (certified copy)
- Latest academic results, if not studying this year (certified copy)
- 2024 mid-year (first semester) results, if currently studying (certified copy)
- Proof of acceptance or provisional admission at a tertiary institution (on institution letterhead)
- Parents or guardian’s ID documents (certified copies – not older than 6 months)
- Unabridged birth certificate, if the surname of the applicant & the parent(s) is different (certified copy)
- Parents or guardian’s proof of income (latest payslips if employed/ affidavit and 6 months Bank Statements if unemployed/ 3 months’ bank statement if self-employed/ SASSA Letter stating the grants received if applicable/ death certificate if deceased/ divorce certificate if divorced/ sworn statement if separated) (certified copies)
Also See: Department of Water and Sanitation (DWS) Bursary 2025
Closing Date for The IDC Bursary
30 September 2024.
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)
Contact Details
If you have any inquiries or require support, the institution’s help center is readily available to address your concerns. Feel free to reach out and connect with the dedicated team at the specified address for prompt and efficient assistance.
For any queries related to this bursary program, please contact the Industrial Development Corporation (IDC) directly:
Email: bursary@idc.co.za
Tel: 011 269 3374
