Dutch funding for establishing joint projects in Egypt

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Monday - 20 May 2013 - 11:47 AM

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The Dutch agency under the Ministry of Economic Affairs in Netherlands provides  funding program for

 

establishing new joint ventures between the Dutch private sector and its counterpart in the developing

 

countries including Egypt to expand private sector activity in the Dutch market and reduce the risks faced

 

by finding a local partner, who will provide his share of financing for the project.

 

 

The program provides a grant for this kind of joint projects does not exceed 50% of the investment cost of

 

the project so as not to exceed 1.5 million euros .and thus the value of the grant of no more than 750

 

thousand euros as maximum of the total investment cost for a single project, And partners must provide

 

half the value of the project financing and the ratio of the Egyptian partner's benefit, is created according

 

to the proportion of his contribution to the project and the contract between him and the Dutch partner.

 

 

 To take advantage of this funding provided by the program please contact at Egyptian Businessmen

 

Association to be sent to the parties concerned.

 

Telephone: 35736030, 35723020

 

Fax: 35723855, 35737258

 

 email: eba@eba.org.eg

 

website: www.eba.org.eg