; (C) a community that has been designated as a promise zone by the Secretary of Housing and Urban Development; and or (D) a community that has been designated as a qualified opportunity zone under section 1400Z–1 of the Internal Revenue Code of 1986. (b) Establishment The Administrator shall establish an SBIC Advisory Committee to convene outside experts to advise on the small business investment program under title III of the Small Business Investment Act of 1958 ( 15 U.S.C. 681 et seq. ). (c) Composition (1) Membership The Advisory Committee shall be composed of 16 members appointed by the Administrator as follows: (A) The Associate Administrator of the Office of Investment and Innovation of the Administration, or another designee of the Associate Administrator , as determined by the Administrator. (B) 7 members with competence regarding , interest in , or knowledge of the small business investment program under title III of the Small Business Investment Act of 1958 ( 15 U.S.C. 681 et seq. ), of whom— (i) not fewer than 3 shall have a demonstrated record of expertise in investing in— (I) low-income communities; (II) communities that have been designated as qualified opportunity zones under section 1400Z–1 of the Internal Revenue Code of 1986; (III) businesses primarily engaged in research and development; (IV) manufacturers; (V) businesses primarily owned or controlled by individuals in underserved communities before receiving capital from the licensee; (VI) rural areas; or (VII) underfinanced States