; (4) to promote business dynamism and competition; (5) to stimulate United States leadership in advanced research, innovation, and technology; (6) to accelerate the development of an advanced workforce; and (7) to preserve and create new jobs. (c) Application (1) In general A small business concern desiring a grant under the Program shall submit to the Administrator an application with the eligible entity from which the small business concern will purchase technical assistance and services using funds awarded under the grant. (2) Selection Not later than 180 days after the deadline established by the Administrator to submit applications under paragraph (1), the Administrator shall select the recipients of the grants under the Program. (d) Evaluation In evaluating an application for a grant under the Program, the Administrator shall take into consideration— (1) the likelihood that funds awarded under the grant will be used to create or advance a novel product or service; (2) the feasibility of creating or advancing a novel product or service proposed to be created or advanced using funds awarded under the grant; and (3) whether creating or advancing a product or service proposed to be created or advanced using funds awarded under the grant could be accomplished without a grant awarded under the Program. (e) Amount A grant made under the Program shall be made in an amount of not less than $15,000 and not more than $75,000, which shall remain available to the grantee until expended. (f) Amounts for small business concerns (1) In general Except to the extent that the Administrator determines otherwise, not less than 40 percent of the amounts made available for the Program in a fiscal year shall be set aside and expended through— (A) small business concerns in an underserved market