expended. (j) Reporting by fellows Each fellow under the Program shall, on an annual basis, submit to the Committee and each mentor assigned to the fellow under subsection (e) a progress report on the activities of the fellow. (k) Selection committee (1) In general The Administration shall establish a selection committee composed of experts from educational, scientific, technical, and public service backgrounds to— (A) build the next generation of entrepreneurs under the Program through a transparent, competitive, fair, and rigorous process