Consider a few key differences between “advanced” and “smart” manufacturing. Advanced manufacturing is often thought of as the use of innovative technologies to improve processes, usually through automation, PLCs, controls and IT/OT systems for increased capacity and product quality. Smart manufacturing goes further to integrate digital technologies, like Internet of Things (IoT), cloud computing and analytics, and AI and machine learning, into company-wide operations and manufacturing processes. Outcomes of smart manufacturing are often increased production and flexibility/agility, real-time visibility into equipment performance, and responsiveness to customer demand. Smart manufacturing also leverages data to a high degree (with technologies like advanced sensors, IoT connectivity, embedded software, etc.) for outcomes like predictive maintenance, self-optimization of process improvements and increased production efficiencies. The grant program favors Industry 4.0/Smart Manufacturing/Digital Plant projects. “Advanced” investments will be considered if they are innovative and transformative beyond the status quo to a degree appropriate for the applicant and proportional to the ask.