Castle Grande was a real estate development in Arkansas about 10 minutes south of Little Rock. It came into National news as a result of the Whitewater investigations. The project was a 1,050-acre (4.2km2) lot where Jim McDougal hoped to build a microbrewery, shopping center, a trailer park and other future projects in 1985. The land was scrub pine forerst that had failed already as an industrial development. The sales price was $1.75 million. State regulations prohibited Jim McDougal from investing more than 6% of his Madison GuarantyS&L assets. So, he put in $600,000 of Madison money and then for the difference had Seth Ward put in the remaining $1.15 million. This money Ward borrowed from Madison Guaranty on non-recourse, no personal obligation to repay. If federal regulators found out, McDougal's S&L could be shut down, since it had already been operating under orders to correct its lending practices.
Seth Ward
Seth Ward an Arkansas businessman and Webster Hubbell's father-in-law was hired by Jim McDougal to assist in land acquisition for the Castle Grande project. Hillary Clinton, with the Rose Law Firm, worked with Ward on certain legal details of the project she knew as IDC - Industrial Development Corporation. Webster Hubbell was Hillary Clinton's partner and friend at the Rose Law Firm. The bad loans for the project cost the public $4 million.
Industry is the production of goods or services within an economy. The major source of revenue of a group or company is the indicator of its relevant industry. When a large group has multiple sources of revenue generation, it is considered to be working in different industries. Manufacturing industry became a key sector of production and labour in European and North American countries during the Industrial Revolution, upsetting previous mercantile and feudal economies. This occurred through many successive rapid advances in technology, such as the production of steel and coal.
Following the Industrial Revolution, possibly a third of the world's economic output is derived that is from manufacturing industries. Many developed countries and many developing/semi-developed countries (People's Republic of China, India etc.) depend significantly on manufacturing industry. Industries, the countries they reside in, and the economies of those countries are interlinked in a complex web of interdependence.
New Town development corporations were set up for all the designated New Towns in the United Kingdom. Urban development corporations also existed, which dealt with regeneration in already built-up areas.
Since 1940, the IDC has helped to build industrial capacity, fueling economic growth through the promotion of entrepreneurship and funding viable businesses.
published: 07 Oct 2022
Understanding the mandate of South Africa's Industrial Development Corporation
South Africa's Industrial Development Corporation is a key implementing agency of the country's industrial development policy. Join us to discover more about what the IDC does and stands for. Through funding, it promotes regional development and integration, economic empowerment of communities, and growing black industrialists.
published: 13 May 2022
Watch video to learn more about the IDC and some of the clients we have funded
published: 19 Jan 2024
Business Plan Guideline Series episode 2: The Business Plan
Our Business Plan Guideline Series with Fifi Peters unpacks the IDC funding application process and highlights common pitfalls when applying for funding.
Episode Two explains how a well-written, clear business plan is the starting point for entrepreneurs to unlock a potential funding partnership with the IDC.
published: 09 Jun 2023
Industrial Development Corporation IDC
The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940) and is fully owned by the South African Government under the supervision of the Department of Economic Development. It is a national development finance institution mandated to promote economic growth and industrial development, and develop domestic industrial capacity.
published: 07 Jun 2019
Source Africa 2018 Industrial Development Corporation
published: 27 Sep 2018
Industrial Development Corporation CEO speaks to Newzroom Afrika at the SA Investment Conference
#Newzroom405 business reporter Kopano Gumbi is at #SAIC2022 in Sandton and she speaks to Industrial Development Corporation CEO Tshokolo Nchocho.
Tune into Newzroom Afrika, DSTV channel 405, for more details.
published: 24 Mar 2022
Chat with Tshokolo Nchocho, CEO of the Industrial Development Corporation
Newzroom Afrika's Ayabonga Cawe in conversation with Tshokolo Nchocho, chief executive officer of the Industrial Development Corporation.
published: 17 Jan 2020
Small Industries Development Corporation||SIDC||Objectives of SIDC||Functions of SIDC|| Notes
Established in 1940, The Industrial Development Corporation of South Africa Limited (IDC) is a
national development finance institution set up to promote economic growth and industrial development. We are owned by the South African government under the supervision of the economic development department.
Since 1940, the IDC has helped to build industrial capacity, fueling economic growth through the promotion of entrepreneurship and funding viable businesses.
Since 1940, the IDC has helped to build industrial capacity, fueling economic growth through the promotion of entrepreneurship and funding viable businesses.
Since 1940, the IDC has helped to build industrial capacity, fueling economic growth through the promotion of entrepreneurship and funding viable businesses.
South Africa's Industrial Development Corporation is a key implementing agency of the country's industrial development policy. Join us to discover more about wh...
South Africa's Industrial Development Corporation is a key implementing agency of the country's industrial development policy. Join us to discover more about what the IDC does and stands for. Through funding, it promotes regional development and integration, economic empowerment of communities, and growing black industrialists.
South Africa's Industrial Development Corporation is a key implementing agency of the country's industrial development policy. Join us to discover more about what the IDC does and stands for. Through funding, it promotes regional development and integration, economic empowerment of communities, and growing black industrialists.
Our Business Plan Guideline Series with Fifi Peters unpacks the IDC funding application process and highlights common pitfalls when applying for funding.
Episo...
Our Business Plan Guideline Series with Fifi Peters unpacks the IDC funding application process and highlights common pitfalls when applying for funding.
Episode Two explains how a well-written, clear business plan is the starting point for entrepreneurs to unlock a potential funding partnership with the IDC.
Our Business Plan Guideline Series with Fifi Peters unpacks the IDC funding application process and highlights common pitfalls when applying for funding.
Episode Two explains how a well-written, clear business plan is the starting point for entrepreneurs to unlock a potential funding partnership with the IDC.
The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No...
The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940) and is fully owned by the South African Government under the supervision of the Department of Economic Development. It is a national development finance institution mandated to promote economic growth and industrial development, and develop domestic industrial capacity.
The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940) and is fully owned by the South African Government under the supervision of the Department of Economic Development. It is a national development finance institution mandated to promote economic growth and industrial development, and develop domestic industrial capacity.
#Newzroom405 business reporter Kopano Gumbi is at #SAIC2022 in Sandton and she speaks to Industrial Development Corporation CEO Tshokolo Nchocho.
Tune into New...
#Newzroom405 business reporter Kopano Gumbi is at #SAIC2022 in Sandton and she speaks to Industrial Development Corporation CEO Tshokolo Nchocho.
Tune into Newzroom Afrika, DSTV channel 405, for more details.
#Newzroom405 business reporter Kopano Gumbi is at #SAIC2022 in Sandton and she speaks to Industrial Development Corporation CEO Tshokolo Nchocho.
Tune into Newzroom Afrika, DSTV channel 405, for more details.
Established in 1940, The Industrial Development Corporation of South Africa Limited (IDC) is a
national development finance institution set up to promote econom...
Established in 1940, The Industrial Development Corporation of South Africa Limited (IDC) is a
national development finance institution set up to promote economic growth and industrial development. We are owned by the South African government under the supervision of the economic development department.
Established in 1940, The Industrial Development Corporation of South Africa Limited (IDC) is a
national development finance institution set up to promote economic growth and industrial development. We are owned by the South African government under the supervision of the economic development department.
Since 1940, the IDC has helped to build industrial capacity, fueling economic growth through the promotion of entrepreneurship and funding viable businesses.
South Africa's Industrial Development Corporation is a key implementing agency of the country's industrial development policy. Join us to discover more about what the IDC does and stands for. Through funding, it promotes regional development and integration, economic empowerment of communities, and growing black industrialists.
Our Business Plan Guideline Series with Fifi Peters unpacks the IDC funding application process and highlights common pitfalls when applying for funding.
Episode Two explains how a well-written, clear business plan is the starting point for entrepreneurs to unlock a potential funding partnership with the IDC.
The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940) and is fully owned by the South African Government under the supervision of the Department of Economic Development. It is a national development finance institution mandated to promote economic growth and industrial development, and develop domestic industrial capacity.
#Newzroom405 business reporter Kopano Gumbi is at #SAIC2022 in Sandton and she speaks to Industrial Development Corporation CEO Tshokolo Nchocho.
Tune into Newzroom Afrika, DSTV channel 405, for more details.
Established in 1940, The Industrial Development Corporation of South Africa Limited (IDC) is a
national development finance institution set up to promote economic growth and industrial development. We are owned by the South African government under the supervision of the economic development department.
Castle Grande was a real estate development in Arkansas about 10 minutes south of Little Rock. It came into National news as a result of the Whitewater investigations. The project was a 1,050-acre (4.2km2) lot where Jim McDougal hoped to build a microbrewery, shopping center, a trailer park and other future projects in 1985. The land was scrub pine forerst that had failed already as an industrial development. The sales price was $1.75 million. State regulations prohibited Jim McDougal from investing more than 6% of his Madison GuarantyS&L assets. So, he put in $600,000 of Madison money and then for the difference had Seth Ward put in the remaining $1.15 million. This money Ward borrowed from Madison Guaranty on non-recourse, no personal obligation to repay. If federal regulators found out, McDougal's S&L could be shut down, since it had already been operating under orders to correct its lending practices.
Seth Ward
Seth Ward an Arkansas businessman and Webster Hubbell's father-in-law was hired by Jim McDougal to assist in land acquisition for the Castle Grande project. Hillary Clinton, with the Rose Law Firm, worked with Ward on certain legal details of the project she knew as IDC - Industrial Development Corporation. Webster Hubbell was Hillary Clinton's partner and friend at the Rose Law Firm. The bad loans for the project cost the public $4 million.
Renowned producer Dil Raju, who is the Chairman of the TelanganaFilmDevelopmentCorporation, organized the meeting to address the growing divide between the film industry and the Congress-led government.
Meanwhile, leading film producer and FilmDevelopmentCorporation (FDC) chairman Dil Raju said he would ensure that the family gets support from the film industry and also the government, PTI reported.
On September 21, 2024, Prime... To accelerate the industry, Hùng proposed assigning tasks to leading Vietnamese corporations, such as having Viettel develop the first semiconductor production facility.
Laser Photonics Corporation, a prominent global industrial developer specializing in CleanTech laser systems tailored for laser cleaning and diverse material applications, is drawing attention to a significant use case for its CleanTech laser system.
The govt has appointed producer Dil Raju as chairman of the TelanganaFilmDevelopmentCorporation, and we are expecting him to play a crucial role in bridging the gap between the govt and film ...
Laser Photonics Corporation, a prominent global industrial developer specializing in CleanTech laser systems tailored for laser cleaning and diverse material applications, is drawing attention to a significant use case for its CleanTech laser system.