Within the framework of the task entrusted to it by Article 130c of the Treaty, the European Regional Development Fund (ERDF) shall, in accordance with Article 3 (1) of Regulation (EEC) No 2052/88, participate in the financing of ... the development of indigenous potential in the regions by measures which encourage and support local development initiatives and the activities of small and medium-sized enterprises, involving in particular ... improvement of access for enterprises to the capital market, particularly by the provision of guarantees and equity participation ...
