developed and managed in accordance with section 502(i). (6) Ocean Innovation Cluster The term Ocean Innovation Cluster means an eligible entity designated by the Secretary of Commerce under section 502. 502. Ocean Innovation Clusters (a) Designation Not later than 1 year after the date of the enactment of this Act, the Secretary of Commerce, in consultation with the Director of Sea Grant, the Assistant Secretary of Commerce for Oceans and Atmosphere, and the Assistant Secretary of Commerce for Economic Development, shall designate not fewer than 7 eligible entities as Ocean Innovation Clusters. (b) Eligible entities For purposes of this section, an eligible entity is an entity— (1) that is composed, in a concentrated geographic region, of 1 or more— (A) business organizations