; and (ii) a timeline describing when the eligible applicant will be— (I) in possession of the proposed site; and (II) operating the business incubator at the proposed site. (C) Followup Not later than 1 year after awarding a grant to an eligible applicant that submits an application with a written site proposal, the Secretary shall conduct a site visit or evaluate a video submission of the site to ensure the site is consistent with the written site proposal. (d) Administration (1) Duration Each grant awarded under the program shall be for a term of 3 years. (2) Payment (A) In general Except as provided in subparagraph (B), the Secretary shall disburse grant funds awarded to an eligible applicant in annual installments. (B) More frequent disbursements On request by the applicant, the Secretary may make disbursements of grant funds more frequently than annually, on the condition that disbursements shall be made not more frequently than quarterly. (3) Non-Federal contributions for initial assistance (A) In general Except as provided in subparagraph (B), an eligible applicant that receives a grant under the program shall provide non-Federal contributions in an amount equal to not less than 25 percent of the grant amount disbursed each year. (B) Waiver The Secretary may waive, in whole or in part, the requirements of subparagraph (A) with respect to an eligible applicant if, after considering the ability of the eligible applicant to provide non-Federal contributions, the Secretary determines that— (i) the proposed business incubator will provide quality business incubation services