; (B) information demonstrating the experience and effectiveness of the eligible entity in— (i) providing entrepreneurial counseling and training described under subsection (b)(2); (ii) providing training and services to a representative number of women who are socially and economically disadvantaged; and (iii) working with resource partners, offices of the Administration, and other entities; and (C) a 5-year plan that— (i) includes information relating to the assistance to be provided by each women’s business center in the area in which each such center is located; (ii) describes the ability of the eligible entity to meet the needs of the market to be served by a women’s business center; (iii) describes the ability of the eligible entity to obtain the matching funds required under subsection (e); and (iv) describes the ability of the eligible entity to provide entrepreneurial counseling and training described under subsection (b)(2), including to a representative number of women who are socially and economically disadvantaged. (2) Record retention (A) In general The Administrator shall maintain a copy of each application submitted under this subsection for not less than 5 years. (B) Paperwork reduction The Administrator shall take steps to reduce, to the maximum extent practicable, the paperwork burden associated with carrying out subparagraph (A). (d) Selection of eligible entities In selecting recipients of initial grants, the Administrator shall consider— (1) the experience of the applicant in providing entrepreneurial counseling and training; (2) the amount of time needed for the applicant to commence operation of a women’s business center (if applicable); (3) in consultation with a Women’s Business Center Association, the capacity of the applicant to meet the accreditation standards established under subsection (k)(4) in a timely manner