; or (B) to be selected to participate as a non-EEIC company. (2) Rolling basis The Administrator shall accept applications under paragraph (1) on a rolling basis. (3) Electronic submissions The Administrator shall allow an applicant under this section to electronically submit any document required by this section and to provide an electronic signature for any signature that is required on such a document. (4) Application process An investment firm shall identify an intent to be licensed as an employee equity investment company at the time the investment firm applies to be licensed as a small business investment company under section 301. (d) Provisional approval The Administrator may provide provisional approval for a license to participate in the facility as an employee equity investment company for a period not to exceed 1 year to an investment firm submitting an application under subsection (c)— (1) that does not meet the minimum private capital requirements under section 302 necessary for licensing under section 301 at the time of application; (2) that states an intent to more effectively raise capital commitments in private markets with a license