; and (II) shall be available to the Secretary to make awards under paragraph (4). (ii) Other amounts Effective on the date that is 2 years after the date of enactment of the Small Business Access to Capital Act of 2017 , any amounts allocated under this paragraph to a participating State that, as of such date, is not an eligible participating State or to an eligible participating State that did not submit an application under subparagraph (B) or was not approved by the Secretary to receive an allocation under this paragraph— (I) may not be transferred to an eligible participating State under this paragraph; and (II) shall be available to the Secretary to make awards under paragraph (4). (3) Competitive funding (A) In general Of the amount made available under paragraph (6)(D), the Secretary may award, on a competitive basis, not more than a total of $1,000,000,000 to participating States and consortiums of participating States for use for any purpose authorized under subparagraph (A) or (B) of subsection (c)(3). (B) Application (i) In general A participating State or consortium of participating States desiring to receive an award under this paragraph shall submit an application— (I) not later than the date established by the Secretary, which shall be not later than the date that is 1 year after the date of enactment of the Small Business Access to Capital Act of 2017