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Supporting Economic Partnerships: PSOM Program between Dutch and Ghanaian Companies

The PSOM program, initiated by the Dutch Ministry of Development Cooperation, aims to alleviate poverty by fostering healthy economic partnerships between Dutch and Ghanaian companies. This program provides financial support for pilot investments, covering up to 50% as a grant, focusing on small and medium enterprises (SMEs). Through partnerships, including legal co-operation agreements and training, the program has contracted 11 projects worth EUR 6.5 million, resulting in substantial follow-up investments, particularly in agriculture and agribusiness, generating an average of 50 jobs per project.

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Supporting Economic Partnerships: PSOM Program between Dutch and Ghanaian Companies

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  1. Business to business Support for private sector Dutch Ministry of Development Cooperation PSOM: Programme for Co-operation with Emerging Markets

  2. Objective of PSOM • Reduce poverty by supporting healthy economic partnershipsbetween Dutch and Ghanaian companies • Financial support for pilot-investments (50% grant) • Partnership between Dutch and Ghanaian company • Focus on SME’s

  3. Typical PSOM project • Legal co-operation agreement (JV) • Training • Hardware (production unit) • Business plan: yeas or no follow up investments • Pilot with spin-off: FDI

  4. PSOM Ghana • 11 projects contracted, EUR 6,5 mln. • Follow up investments + 300 % • 65% in agriculture/agribusiness • Employment : average 50 jobs per project

  5. Ghana Investment Climate • and access • Remove time consuming procedures • Focus on Ghanaian private sector • Excellent opportunity to be fruit and vegetable garden for Europe

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