- (a) In this subtitle the following words have the meanings indicated.
- (b) “Fund” means the Industry 4.0 Technology Grant Fund.
(c)
- (1) “Industry 4.0 technology” means smart hardware and software manufacturing technologies.
(2) “Industry 4.0 technology” includes:
- (i) advanced sensor integration;
- (ii) embedded software system applications;
- (iii) robotics and autonomous equipment that collect data;
- (iv) enterprise resource planning (ERP) and data analytics software;
- (v) cloud computing and cybersecurity solutions;
- (vi) artificial intelligence (AI) for continuous improvement of efficiency and productivity; and
- (vii) infrastructure required to implement a qualifying technology.
- (d) “Program” means the Industry 4.0 Technology Grant Program.
- (e) “Program administrator” means the entity that has authority to administer the Program.
- (f) “SME manufacturer” means a small or medium-sized enterprise manufacturer.
Added by Acts 2023, c. 498, § 1, eff. Oct. 1, 2023.