An applicant shall prepare and submit to the Administrator a written proposal detailing strategies on how the applicant will implement the funds received to ensure the viability of the business. Specific requirements for §§ 50304 and 50305 are enumerated in §§ 50306 and 50307 of this Article. Applicants receiving funds through §§ 50306 and 50307 of this Article shall be required to seek technical assistance through the University of Guam Small Business Development Center (SBDC), or other similar organizations approved by the Guam Economic Development Authority.