Implementing the market approach to enterprise support : an evaluation of ten matching grant schemes / David A. Phillips Phillips, David A. (David Anthony)

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Phillips, David A. (David Anthony)
Economic assistance - Developing countries.; Business enterprises - Developing countries - Finance.; Development credit corporations - Developing countries.
This evaluation of ten matching grant funds for enterprise development concludes that matching grant funds address the need to build domestic capacity to support businesses. Performance has been mixed, however, and best practice models are needed. Grant funding may be justified for technical knowhow, but support should be temporary and should be phased out as soon as the main objective, market take-off, is achieved.
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