; (ii) has demonstrated experience in delivering and administering grants and capacity-building support to eligible minority-serving economic development organizations; and (iii) has a governing board or executive leadership that reasonably reflects the communities to be served by the organization with assistance provided pursuant to this section, with respect to race, ethnicity, and tribal affiliation. (B) Exclusions Such term does not include— (i) any organization that has received funding through the Small Business Development Center, Women’s Business Center, or SCORE programs of the Small Business Administration or the intermediary funding program of the Department of Housing and Urban Development under section 4 of the HUD Demonstration Act of 1993 ( 42 U.S.C. 9816 note); or (ii) the Neighborhood Reinvestment Corporation. (3) Eligible minority-serving economic development organization The term eligible minority-serving economic development organization means a nonprofit organization that— (A) has among its primary functions— (i) providing technical assistance related to the formation, operation, and expansion of smaller businesses having annual revenues of less than $500,000; (ii) lending to and equity investment in small businesses to facilitate growth and sustainability; and (iii) providing training, skills development, and technical assistance to aspiring entrepreneurs and individuals who are independent contractors for purposes of Form 1099 of the Internal Revenue Service; and (B) primarily serves low- and moderate-income persons and communities that are— (i) African-American and other Black communities, Hispanic, including Afro-Latino communities, Asian and Pacific American communities, Native Hawaiian communities, Native American communities, or Alaskan Native communities