; and (B) evaluate the ongoing success of business incubators funded under this section. (2) Report Not later than the last day of each fiscal year, the Assistant Secretary shall submit to Congress, and make available to the public on an internet website, a comprehensive annual report on the awards, status, and impacts of the program, including key program highlights and success stories for the most recent fiscal year. (i) Definitions In this Act: (1) Assistant Secretary The term Assistant Secretary means the Assistant Secretary of Commerce for Economic Development of the Department of Commerce. (2) Business incubator The term business incubator means an organization that— (A) provides physical workspace and facilities resources to startups and established businesses; and (B) is designed to accelerate the growth and success of businesses through a variety of business support resources and services, including— (i) access to capital, business education, and counseling; (ii) networking opportunities; (iii) mentorship opportunities; and (iv) other services intended to aid in developing a business. (3) Opportunity zone The term opportunity zone has the meaning given the term qualified opportunity zone in section 1400Z–1 of the Internal Revenue Code of 1986. (4) Eligible applicant The term eligible applicant means a person that— (A) owns or manages an existing business incubator that is a nonprofit organization; (B) is able to provide the physical workspace, equipment, and connectivity necessary for businesses and entrepreneurs to collaborate and conduct business on a local, regional, national, and international level