Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 5-2401 - Definitions — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Economic Development - Division I - Secretary of Commerce and Department of Commerce/
  5. Division I - Secretary of Commerce and Department of Commerce/
  6. Title 5 - Economic Development and Financial Assistance Programs/
  7. Subtitle 24 - Industry 4.0 Technology Grant Program/
  8. Section 5-2401 - Definitions
Maryland Legal Code

Section 5-2401 - Definitions

(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.
Ask AI about this