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In recent decades, industrialized countries have developed a number of direct instruments to help their national companies become active in the developing world. In matchmaking and similar business-partnering programmes, the sponsoring organization generally provides technical or financial assistance to private-sector partners in order to foster cooperation and help the companies to develop a profitable relationship.
Most of the matchmaking and partnering programmes are aimed at small and medium-sized enterprises SMEs in the industrialized and developing countries. Experience in rich as well as poor countries shows that the potential of SMEs to have a substantial impact on the development process is much greater than that of micro-enterprises. All of these programmes are relatively new.
PPP was set up in , though it has expanded rapidly, matching more than projects to date. Norwegian companies which are looking for a partner in a developing country submit a profile to the coordinating centre in Norway, which reviews it and sends it to a corresponding centre in the host country. If the parties agree to develop their relationship further, they can apply to NORAD for various types of industrial and commercial support.
Developing country companies can also initiate the process. In Sri Lanka, for example, the programme has received profiles from Norwegian companies since Of these, matches were found, 78 of the companies made visits to Sri Lanka and 22 have carried out preliminary studies.