; (2) to align HBCUs with the educational and economic competitiveness priorities of the United States; (3) to provide students enrolled at HBCUs with the highest quality educational and economic opportunities; (4) to bolster and facilitate productive interactions between HBCUs and Federal agencies; and (5) to encourage HBCU participation in and benefit from Federal programs, grants, contracts, and cooperative agreements. 3. Definitions In this Act: (1) Applicable agency The term applicable agency means any Federal agency designated by the Secretary, in accordance with section 4. (2) Executive director The term Executive Director means— (A) the Executive Director of the White House Initiative on Historically Black Colleges and Universities, as designated by the President