Section 870-RICR-20-00-5.5 - DefinitionsA. The following words and terms, when used in these Rules, shall have the following meanings, unless the context clearly indicates otherwise.1. "Act" means R.I. Gen. Laws Chapter 42-64.29, known as the Innovation Initiative.2. "Applicant" means an entity that applies for a Grant under the Act and these Rules.3. "Cluster" means a concentration of companies and/or industries that share common supply chains, markets, technology competencies or knowledge, and/or workforce needs; a Cluster is often, though not necessarily, supported by common organizations such as specialized suppliers, industry-knowledgeable universities, trade associations, legal and financial experts, funding scores, and/or government agencies; typically, a collective competitive advantage can come from a range of activities and knowledge-sharing within the Cluster (e.g. supply-chain development, market intelligence, incubator services, attraction of capital, management training and education, joint research and development, or technical standard setting).4. "Corporation" means the Rhode Island Commerce Corporation established pursuant to R.I. Gen. Laws Chapter 42-64.5. "Grant" means an Implementation Grant or Technical Assistance Grant.6. "Grant agreement" means a contract between the Applicant and the Corporation under which a Grant is awarded.7. "Implementation grant application" means the application, promulgated by the Corporation, which must be completed and submitted by an Applicant in order for the Applicant to qualify for an Implementation Grant pursuant to the requirements of the Act and these Rules.8. "Implementation grant" means a monetary award to an Applicant from the Corporation granted under R.I. Gen. Laws § 42-64.29-4 and these Rules for the purpose of implementing a well-defined program to improve a Cluster's effectiveness in one or more specific areas, including, but not limited to, research and development, technology transfer, workforce development, or Cluster marketing.9. "State" means the State of Rhode Island and Providence Plantations.10. "Technical assistance grant application" means the application, promulgated by the Corporation, which must be completed and submitted by an Applicant in order for the Applicant to qualify for a Technical Assistance Grant pursuant to the requirements of the Act and these Rules.11. "Technical assistance grant" means a monetary award to an Applicant from the Corporation granted under R.I. Gen. Laws § 42-64.29-3 and these Rules for the purpose of a. building an organization with the purpose of improving a Cluster's effectiveness; orb. for planning or feasibility studies for projects that could provide a benefit to a Cluster.870 R.I. Code R. 870-RICR-20-00-5.5