; (2) for capitalization; (3) to make payments and develop financial market infrastructure; (4) to carry out activities related to information and communications technology; (5) to support operations; (6) to cover unexpected losses; (7) to run sortition processes; and (8) to carry out such other activities as the Board of Governors and the Secretary determine appropriate. (c) Matching funds The Board of Governors and the Secretary may not require that an entity that receives a grant under this section provide matching funds with respect to such grant. 502. Public bank incubator program (a) In general The Board of Governors shall establish an incubator program to provide technical and technological assistance to persons seeking to be chartered by the Board of Governors under section 101 or to obtain a certificate of Federal recognition under section 102. (b) Application The Board of Governors, in coordination with the Secretary, the Corporation, and the Commission, shall establish a single application and review process for persons seeking to— (1) be federally chartered under section 101; (2) obtain a certificate of Federal recognition under section 102; (3) become a public member bank; (4) obtain a license to issue federally-recognized public securities under section 201; (5) obtain public deposit insurance pursuant to section 301 or from a Corporation-approved alternative provider