((a)) ** Establishment** The President shall establish a SEED Information Center System, using existing Executive branch agencies and acting in cooperation with the Government of Poland and the Government of Hungary.

((b)) ** Functions**

((1)) ** In general** The SEED Information Center System shall serve as a central clearinghouse mechanism for information relating to—

((A)) business needs and opportunities in Eastern Europe, and

((B)) voluntary assistance to countries in Eastern Europe.

((2)) ** Private enterprise development** The SEED Information Center System shall be organized, among other purposes, to encourage—

((A)) the submission of economically sound proposals to the Polish-American Enterprise Fund and Hungarian-American Enterprise Fund, and

((B)) other sources of finance for the development of private enterprise in Eastern Europe.

((c)) ** Location** The SEED Information Center System shall be based jointly in Washington, District of Columbia; Warsaw, Poland; and Budapest, Hungary; and should it become appropriate, the capitals of other East European countries.