; (iii) a member of a reserve component of the Armed Forces named in section 10101 of title 10, United States Code; (iv) a veteran; and (v) a spouse or dependent of an individual described in clause (i), (ii), (iii), or (iv); (B) the term institution of higher education has the meaning given the term in section 102 of the Higher Education Act of 1965 ( 20 U.S.C. 1002 ); and (C) the term pilot program means the Veterans Business Owners Initiative Pilot Program established under paragraph (2). (2) Establishment Not later than 90 days after the date of enactment of this subsection, the Administrator shall establish a pilot program, to be known as the Veterans Business Owners Initiative Pilot Program, to provide grants to nonprofit entities to carry out peer support groups that provide training to covered individuals interested in exploring careers as owners of small business concerns. (3) Goals The goals of the pilot program are— (A) to facilitate training for covered individuals, staff, and mentors to develop the assistance to be provided through peer support groups under the pilot program, including education, coaching, peer support, business mentoring, and benefits counseling; and (B) to arrange for external assistance, including micro-financing, for covered individuals. (4) Application A nonprofit entity that desires a grant under the pilot program shall submit to the Administrator an application at such time, in such manner, and containing such information as the Administrator may require. (5) Pilot program components Activities carried out through a peer support group under the pilot program may include— (A) providing assistance to covered individuals to identify their passions and skill sets with respect to business, including coaching and mentorship for covered individuals who suffer from the consequences of being at war; (B) providing exposure to covered individuals to the considerations involved in self-employment and small business ownership