; vacancies The term of office of each member of the Committee shall be 6 years, except that— (i) of the members first serving on the Committee— (I) 4 shall serve terms of 2 years; (II) 4 shall serve terms of 4 years; and (III) 4 shall serve terms of 6 years; (ii) any member appointed to fill a vacancy shall serve for the remainder of the term for which his predecessor was appointed and shall be appointed in the same manner as the original appointment for that vacancy was made; and (iii) upon the expiration of their term of office, any member of the Committee may continue to serve until their successor is appointed. (E) Political party Not more than 6 members of the Committee shall be from the same political party. (F) Appointments Appointments to the Committee shall be made not later than 30 days after the date of enactment of the Next Generation Entrepreneurship Corps Act . (3) Compensation Members of the Committee shall serve without pay, but shall be entitled to reimbursement for travel, subsistence, and other necessary expenses incurred in the performance of their duties. (4) First meeting Not later than 30 days after the appointment of a majority of Committee members, the Committee shall hold its first meeting. (5) Duties and responsibilities The Committee— (A) shall provide for the conduct of a nationwide competition for selecting fellows to participate in the Program by— (i) issuing a request for applications not later than 6 months after the date of enactment of the Next Generation Entrepreneurship Corps Act , with a deadline for submissions that is not later than 12 months after such date of enactment; (ii) partnering with private organizations, including those with investment experience or experience in the area of investing in businesses, to provide educational materials to educate the public about the Program, help ensure that the Program is competitive, and increase awareness of the Program