; and (II) may recommend investments of Fund assets greater than $250,000, which shall be subject to the approval of the Board of Governors. (iv) Staff Each technical board established pursuant to clause (i) shall consist of a Secretariat, which shall be staffed by individuals with demonstrated experience and expertise relevant to the technical board on which they sit. (c) Purposes The purposes of the Fund are— (1) to promote the private sector in the Palestinian territories through facilitating and financing between small- and medium-sized Palestinian entrepreneurs and companies and those in the United States, Israel, and other countries to improve the Palestinian private sector through economic cooperation in research and development; (2) to improve the quality of life, stimulate the economy, and advance security by creating private sector jobs for Palestinians in the Palestinian territories and furthering the development of a Palestinian middle class; and (3) to further shared community building, peaceful coexistence, dialogue, and reconciliation between Israelis and Palestinians by financing people-to-people peacebuilding programs. (d) Uses of funds Amounts deposited into the Fund may be used— (1) to carry out the purposes set forth in subsection (c)