of the following categories: (A) Small businesses (at least 10 and fewer than 50 employees). (B) Midsized businesses (at least 50 and fewer than 250 employees). (C) Large businesses (at least 250 employees and fewer than 1,000 employees). (D) Very large businesses (at least 1,000 employees). (2) Total number of awards Not more than 18 awards may be awarded each year. (3) Exception Notwithstanding paragraph (1) , no award shall be awarded in a given category if the Secretary determines that no organization qualifies for the award with respect to such category. (d) Establishment of board of directors (1) In general The Secretary shall establish a board of directors to nominate organizations for the award and assist with administration of the award. (2) Composition The board shall be composed of the following: (A) The Assistant Secretary of Commerce for Economic Development, who shall serve as chairperson of the board. (B) The Administrator of the Wage and Hour Division of the Department of Labor, who shall serve as vice chairperson of the board. (C) At least 6 individuals appointed by the Secretary of Commerce, who shall include— (i) 2 individuals representing independent nonprofit entities that have demonstrated leadership and excellence in the field of standard setting and measurement with respect to stakeholder impact