Kathmandu, November 30:

The Netherlands has set up a new fund to provide financial support to local companies that want to set up a pilot investment in their country with a Dutch business partner. The financial support is provided through the Dutch Programme for Cooperation with Emerging Markets (PSOM) and aims to promote sustainable economic and private sector development, states a press release issued here by the Dutch consulate, today. The maximum project size could be 825,000 euros.

The new qualification round begins on December 3, adds the release.