; (D) focuses training on low-capital-intensive techniques and technologies; and (E) includes a robust study of local and regional food systems and the market opportunities those systems present. (4) Qualified entity The term qualified entity means— (A) an organization— (i) (I) described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from taxation under 501(a) of that Code; or (II) that has a fiscal sponsor that is an organization described in subclause (I); (ii) that has not less than 3 years of experience providing meaningful agricultural, business assistance, legal assistance, or advocacy services to Black farmers or ranchers; and (iii) at least 50 percent of the members of the board of directors of which are Black