PSI is meant to stimulate investments of NL companies in emerging markets. The objective of the PSI Programme is to support sustainable economic development and employment creation in emerging markets through encouraging long-lasting trade and investment relationships between Dutch companies and local companies. PSI projects are selected on the basis of an open tender procedure which is announced twice a year. Main conditions and characteristics of the PSI Programme are:

• The PSI Programme finances 50% of the project costs, while the other 50% of the project costs have to be paid for by the partner companies from The Netherlands and the PSI country.
• For projects approved under the PSI / PfW programme, import of goods into Georgia are exempted from customs duties, VAT or other customs chargers in accordance with the Agreement on Technical and Financial Cooperation between the Kingdom of the Netherlands and Georgia concluded on June 1999 and ratified by the Parliament of Georgia on March 2004.
• Dutch companies are allowed to have a majority of share in the joint beneficiary company established with the local partner from the PSI country.
• Two proposals are selected per country on the basis of quality and do not compete with proposals from other countries. Budget allowing, subsequent proposals will compete with proposals from other countries eligible for PSI support.
• The average PSI contribution per project is EUR 0.5 million, while the maximum amount is EUR 1.5 million.
• The executing agency in the Netherlands is EVD, on the Georgian side the Ministry of Finance is the leading agency.

General internet links: 
  EVD: Netherlands Foreign Trade Promotion Agency and executing agency for the PSI Programme