Description

Technology and Industrial Skills Development

ENIDC supports the growth of a technology-driven industrial economy in Eswatini by financing enterprises that develop, manufacture, assemble, and commercialise innovative technology products and solutions.

Our focus is on building local technological capabilities and value chains across areas such as robotics and automation, electronics and ICT hardware, embedded systems, industrial IoT, smart manufacturing, telecommunications technologies, software-enabled industrial solutions, and other emerging technologies with strong commercial and industrial potential.

Through targeted financing, ENIDC seeks to facilitate innovation, technology transfer, skills development, local value addition, job creation, import substitution, and export growth, while enabling Eswatini-based enterprises to participate in regional and international technology markets.

Funding Pockets

At the moment we provide one or a mix of the following funding structures: –

• Debt
• Equity
• Work-Order Financing

Our requirements

Applicant enterprises must satisfy all applicable corporate governance, statutory, regulatory, and compliance requirements, and demonstrate a clear and credible financial commitment from shareholders. Target projects must demonstrate strong underlying economic merit, including financial viability, long-term sustainability, and the potential to generate meaningful local value addition and economic impact.

Projects must also comply with all applicable environmental requirements and demonstrate strong positive social and developmental benefits. In addition, applicants are required to fully comply with ENIDC’s prescribed application  checklist  https://www.enidc.org.sz/applications/, providing all required information and supporting documentation. Compliance with the checklist forms an integral part of the assessment process and will be considered in determining the project’s eligibility for funding.

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