; (II) the 1 or more reservation communities served by the business incubator have benefited and will continue to benefit from the services of the business incubator; and (III) the 1 or more reservation communities to be served are unlikely to receive similar services because of remoteness or other reasons that inhibit the provision of business and entrepreneurial development services. (e) Program requirements (1) Use of funds An eligible applicant receiving a grant under the program may use grant amounts— (A) to provide physical workspace and facilities for Native businesses and Native entrepreneurs participating in the business incubator; (B) to establish partnerships with other institutions and entities to provide comprehensive business incubation services to Native businesses and Native entrepreneurs participating in the business incubator; and (C) for any other uses typically associated with business incubators that the Secretary determines to be appropriate and consistent with the purposes of the program. (2) Minimum requirements Each eligible applicant receiving a grant under the program shall— (A) offer culturally tailored incubation services to Native businesses and Native entrepreneurs; (B) use a competitive process for selecting Native businesses and Native entrepreneurs to participate in the business incubator; (C) provide physical workspace that permits Native businesses and Native entrepreneurs to conduct business and collaborate with other Native businesses and Native entrepreneurs; (D) provide entrepreneurship and business skills training and education to Native businesses and Native entrepreneurs including— (i) financial education, including training and counseling in— (I) applying for and securing business credit and investment capital; (II) preparing and presenting financial statements; and (III) managing cash flow and other financial operations of a business