; (B) has not more than 5 years of gross receipts; and (C) has been an active trade or business for less than 10 years. (15) State The term State means each of the several States, the District of Columbia, and any other territory or possession of the United States. 3. Incubator network and startup success program (a) In general Not later than 1 year after the date of enactment of this Act, the Director shall establish in the Office of Innovation and Entrepreneurship of the Department of Commerce an incubator network and startup success program with the purpose of carrying out the grants described in subsection (b). (b) Grants authorized The Director is authorized to award grants under this section on a competitive basis in the amount of $50,000 to each network member of an eligible entity selected based on the application submitted under subsection (g) and the criteria described in subsection (h). (c) Maximum amount The total amount of grants made by the Director under subsection (b) in a fiscal year shall not exceed $2,000,000. (d) Matching requirement The Director may not make a grant to the network members of an eligible entity under this section unless each network member demonstrates the ability to raise or plans to raise non-Federal contributions in an amount equal to the amount of Federal funds provided to each network member under the grant. (e) Announcement The Director shall widely announce the incubator network and startup success program established under subsection (a), including on the website of the Office of Innovation and Entrepreneurship of the Department of Commerce. (f) Formal plans for preliminary eligibility To be eligible to receive a grant under this section— (1) a planned startup incubator network shall submit to the Director a formal plan to form a startup incubator network within 1 year of the receipt of a grant under subsection (b) at such time, in such manner, and containing such information as the Director may require