; or (VI) a rural area; (ii) that has more than 50 percent of employees residing in a low- or moderate-income community; (iii) that is growing, newly established, or a startup, as those terms are used in subsection (m); (iv) owned and controlled by socially and economically disadvantaged individuals, including Black Americans, Hispanic Americans, Native Americans (Alaska Natives, Native Hawaiians, or enrolled members of a federally or State recognized Indian Tribe), Asian Pacific Americans, and other minorities; (v) owned and controlled by women; (vi) owned and controlled by veterans; (vii) owned and controlled by service-disabled veterans; or (viii) not less than 51 percent owned and controlled by one or more— (I) members of the Armed Forces participating in the Transition Assistance Program of the Department of Defense; (II) Reservists; (III) spouses of veterans, members of the Armed Forces, or Reservists; (IV) surviving spouses of veterans who died on active duty or as a result of a service-connected disability; or (V) individuals with a disability, as defined in section 3 of the Americans with Disabilities Act of 1990. (2) Establishment There is established within the Administration the Office of Emerging Markets, which shall be— (A) under the general management and oversight of the Administration; and (B) responsible for the planning, coordination, implementation, evaluation, and improvement of the efforts of the Administrator to enhance the economic well-being of small business concerns in an emerging market. (3) Director (A) In general Not later than 180 days after the date of enactment of this subsection, the Administrator shall appoint a Director of the Office of Emerging Markets, who shall— (i) supervise the Office of Emerging Markets and report to the Associate Administrator