; (III) how the institute will support long-term and short-term education and workforce development in artificial intelligence, including broadening participation of underrepresented communities; and (IV) a plan for how the Institute will transition from planning into operations. (ii) A description of the anticipated sources and nature of any non-Federal contributions, including privately held data sets, computing resources, and other types of in-kind support. (iii) A description of the anticipated long-term impact of such Institute. (6) Competitive, merit review In awarding financial assistance under paragraph (1), the agency head shall— (A) use a competitive, merit review process that includes peer review by a diverse group of individuals with relevant expertise from both the private and public sectors