Michigan Business Development Program Projects
See the listing of Michigan Business Development Program projects approved by the Michigan Strategic Fund to date.Business Development Programs Report
The Report was last updated on May 30, 2026.
Aries Financial Inc. - Performance Based Grant
| Approval Date: | Mar 31, 2026 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $0 |
| Projected Jobs: | 94 |
| Projected Award Amount: | Up to $250,000 |
Menco LLC - Performance Based Grant
| Approval Date: | Feb 24, 2026 |
|---|---|
| Location: | Wallace |
| Project Investment: | Up to $1.22 million |
| Projected Jobs: | 13 |
| Projected Award Amount: | Up to $100,000 |
Wilbur Products, Inc. DBA Motiv Bowling - Performance Based Grant
| Approval Date: | Jan 20, 2026 |
|---|---|
| Location: | Muskegon |
| Project Investment: | Up to $8.98 million |
| Projected Jobs: | 90 |
| Projected Award Amount: | Up to $540,000 |
DDP Specialty Electronic Materials US,LLC - Performance Based Grant
| Approval Date: | Dec 9, 2025 |
|---|---|
| Location: | MIDLAND |
| Project Investment: | Up to $20.00 million |
| Projected Jobs: | 22 |
| Projected Award Amount: | Up to $200,000 |
HealthBridge Financial, Inc. - Performance Based Grant
| Approval Date: | Dec 9, 2025 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $17.28 million |
| Projected Jobs: | 200 |
| Projected Award Amount: | Up to $1.50 million |
Eccalon - Performance Based Grant
| Approval Date: | Dec 9, 2025 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $71.00 million |
| Projected Jobs: | 800 |
| Projected Award Amount: | Up to $10.00 million |
Legacy Port Huron Paper Company, LLC - Performance Based Grant
| Approval Date: | Dec 8, 2025 |
|---|---|
| Location: | Port Huron |
| Project Investment: | Up to $24.50 million |
| Projected Jobs: | 82 |
| Projected Award Amount: | Up to $1.00 million |
Miller Industries, LLC/Miller Developers LLC - Performance Based Grant
| Approval Date: | Oct 8, 2025 |
|---|---|
| Location: | Fenton |
| Project Investment: | Up to $43.00 million |
| Projected Jobs: | 167 |
| Projected Award Amount: | Up to $1.00 million |
Utilidata, Inc. - Performance Based Grant
| Approval Date: | Oct 1, 2025 |
|---|---|
| Location: | Ann Arbor |
| Project Investment: | Up to $0 |
| Projected Jobs: | 27 |
| Projected Award Amount: | Up to $250,000 |
J.R. Automation Technologies, LLC - Performance Based Grant
| Approval Date: | Sep 30, 2025 |
|---|---|
| Location: | Zeeland |
| Project Investment: | Up to $72.80 million |
| Projected Jobs: | 150 |
| Projected Award Amount: | Up to $1.60 million |
Astemo Americas, Inc. - Performance Based Grant
| Approval Date: | Sep 30, 2025 |
|---|---|
| Location: | Wixom |
| Project Investment: | Up to $95.00 million |
| Projected Jobs: | 200 |
| Projected Award Amount: | Up to $2.00 million |
American Rheinmetall - Performance Based Grant
| Approval Date: | Sep 30, 2025 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $31.75 million |
| Projected Jobs: | 450 |
| Projected Award Amount: | Up to $7.52 million |
ptMantra - Performance Based Grant
| Approval Date: | Sep 30, 2025 |
|---|---|
| Location: | Wixom |
| Project Investment: | Up to $2.35 million |
| Projected Jobs: | 107 |
| Projected Award Amount: | Up to $404,000 |
Laserglow Technologies - Performance Based Grant
| Approval Date: | Sep 19, 2025 |
|---|---|
| Location: | Sterling Heights |
| Project Investment: | Up to $1.23 million |
| Projected Jobs: | 16 |
| Projected Award Amount: | Up to $72,000 |
3D Plastics, LLC - Performance Based Grant
| Approval Date: | Sep 2, 2025 |
|---|---|
| Location: | Jonesville |
| Project Investment: | Up to $8.70 million |
| Projected Jobs: | 111 |
| Projected Award Amount: | Up to $700,000 |
MV5X Industries, LLC DBA Veptos - Performance Based Grant
| Approval Date: | Jul 29, 2025 |
|---|---|
| Location: | Imlay City |
| Project Investment: | Up to $19.67 million |
| Projected Jobs: | 420 |
| Projected Award Amount: | Up to $5.00 million |
Weiss Technik North America Inc. - Performance Based Grant
| Approval Date: | Jul 29, 2025 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $25.60 million |
| Projected Jobs: | 36 |
| Projected Award Amount: | Up to $350,000 |
Hudsonville Creamery & Ice Cream Company, LLC - Performance Based Grant
| Approval Date: | Jul 29, 2025 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $40.00 million |
| Projected Jobs: | 44 |
| Projected Award Amount: | Up to $700,000 |
PROTEC PANEL & TRUSS MANUFACTURING LLC - Performance Based Grant
| Approval Date: | Jul 23, 2025 |
|---|---|
| Location: | Battle Creek |
| Project Investment: | Up to $3.00 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $300,000 |
TORC Robotics, Inc. - Performance Based Grant
| Approval Date: | Jun 24, 2025 |
|---|---|
| Location: | Ann Arbor |
| Project Investment: | Up to $5.59 million |
| Projected Jobs: | 500 |
| Projected Award Amount: | Up to $3.00 million |
The following documents provide more information:
- Michigan Business Development Program Fact Sheet
- Michigan Business Development Program Process Documentation
- Michigan Business Development Program Guidelines Document
- Michigan Business Development Program Application Document
- Michigan Business Development Program Expansion of Program Guidelines for Strategic Business Growth Projects