Industrial Development Corporation (IDC)

Industrial Development Corporation (IDC) Bursary

Bursary
Industrial Development Corporation (IDC)
South Africa
Market Related
Fixed Term
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Role Overview

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, who 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 to contribute 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.

The Industrial Development Corporation (IDC) is inviting students to apply for their bursary programme, for the 2026 academic year.

Bursaries will be awarded for undergraduate studies within the following fields: Commerce and Management Studies:

Bursaries will be awarded to learners who are academically talented but lack funding to pursue higher education.

Key Responsibilities

You must represent the bursary programme positively in your professional conduct and fulfill any work-back obligations specified in your bursary contract after graduating. As a bursary recipient, your responsibilities will include maintaining the minimum academic performance standards and attending all lectures and tutorials as required.

Entry Requirements

• Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
• You must be a South African citizen
• You must NOT be older than 26 years old
• You must be currently be 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 recognised 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 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 must 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 from rural areas

Listing Source

This opportunity was sourced from ZABursaries. Always verify final requirements and deadlines on the official source before applying.

View original source

How to Apply

Applications must be submitted online at: IDC Bursary Application 2026 Applicants will be required to register an account before they can login and apply (scroll down to the bottom of the page). Enter “www.zabursaries.co.za” in the field asking how you heard about the IDC Bursary. 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) 2025 mid-year (first semester) results, if currently studying (certified copy) Proof of acceptance or provisional admission at a tertiary institution (on institutions letterhead) Parents or guardians ID documents (certified copies – not older than 6 months) Unabridged birth certificate, if surname of the applicant & the parent(s) is different (certified copy) Parents or guardians 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)

About Industrial Development Corporation (IDC)

This bursary is offered by Industrial Development Corporation (IDC).

Why This Is Good for Starters

This bursary from Industrial Development Corporation (IDC) can cover your tuition fees, accommodation, textbooks, and sometimes even a living allowance. In South Africa, where the cost of higher education continues to rise, bursaries are a lifeline for talented students who cannot afford to study. Many bursary programmes also include vacation work placements and guaranteed employment after graduation, giving you both education and career security.

CV Tips for This Application

  • Include your academic record — marks and subjects matter for bursary applications
  • Write a compelling motivation letter explaining your financial need and career aspirations
  • Mention any community involvement, leadership roles, or extracurricular activities
  • Include proof of financial need if the application requires it
  • Apply early — bursary programmes often close well before the academic year starts

Application Checklist

  1. Read the full job description carefully before applying
  2. Prepare an updated CV tailored to this specific role
  3. Prepare your academic transcripts and proof of financial need
  4. Write a motivation letter explaining your career goals
  5. Apply as soon as possible — positions may close without notice
  6. Double-check your contact details are correct on your CV
  7. Follow up after 2 weeks if you have not heard back

Frequently Asked Questions

Can I apply with matric only?

Yes, this opportunity requires a matric certificate.

Do I need experience?

This appears to be suitable for candidates with little or no experience.

Can I apply if I live in another province?

Most opportunities accept applications from candidates across South Africa. Check the requirements for any location-specific criteria.

What happens after I apply?

After submitting your application, the employer will review it. If shortlisted, you may be contacted for an interview. Response times vary by employer.

Is this bursary paid?

Payment details are not specified. Contact the employer for more information.

When is the closing date and what if I miss it?

No closing date specified. Apply as soon as possible as positions may fill quickly.

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Ready to Apply?

Submit your application directly on Industrial Development Corporation (IDC)'s careers portal.

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