# Council Decision of 20 December 2000 on a multiannual programme for enterprise and entrepreneurship, and in particular for small and medium-sized enterprises (SMEs) (2001-2005) (2000/819/EC), Division B: Intermediaries

Extent: E+W+S+N.I.

With regard to venture capital activities, the intermediaries will be selected in conformity with best business and market practice in a fair and transparent manner in order to avoid any distortion of competition, having regard to the aim of working through a wide range of specialised funds.
With regard to the implementation of additional action to promote business incubators, the EIF will rely on the experience acquired by Member States in that area.

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Source: https://www.legislation.gov.uk/eudn/2000/819/annex/II/division/I/division/B (the official version)
Page: https://openlegislation.uk/eu-decision-2000-819/annex-II/division-I/division-B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.