©2016 Michigan Economic Development Corporation

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Michigan Business Development Program Projects

  • The following projects have been approved by the Michigan Strategic Fund. MBDP Incentive Funds are not disbursed until designated milestones are achieved. This report was last updated on June 17, 2015.

    View previous fiscal year archived reports of projects approved by the Michigan Strategic Fund.

  • C3 Venture Flint, LLC – Performance Based Grant/Loan
    • Approval Date:   July 26, 2016
      Location:   Flint
      Project Investment:   Up to $9.68 million
      Projected Jobs:   380
      Projected Award Amount:   Up to $5.70 million
    Logos Logistics, Inc. – Performance Based Grant
    • Approval Date:   June 21, 2016
      Location:   Romulus
      Project Investment:   Up to $8.62 million
      Projected Jobs:   91
      Projected Award Amount:   Up to $300,000
    TREMEC – Performance Based Grant
    • Approval Date:   May 25, 2016
      Location:   Wixom
      Project Investment:   Up to $53.74 million
      Projected Jobs:   133
      Projected Award Amount:   Up to $731,500
    Unique Instruments, Inc. dba Orchid Bridgeport – Performance Based Grant
    • Approval Date:   May 25, 2016
      Location:   Bridgeport
      Project Investment:   Up to $5.00 million
      Projected Jobs:   30
      Projected Award Amount:   Up to $105,000
    Receptec Corp. – Performance Based Grant
    • Approval Date:   May 25, 2016
      Location:   Grand Blanc
      Project Investment:   Up to $14.40 million
      Projected Jobs:   60
      Projected Award Amount:   Up to $550,000
    OptiMed – Performance Based Grant
    • Approval Date:   May 25, 2016
      Location:   Kalamazoo
      Project Investment:   Up to $1.23 million
      Projected Jobs:   77
      Projected Award Amount:   Up to $500,000
    Cosworth, LLC – Performance Based Grant/Other
    • Approval Date:   May 24, 2016
      Location:   Shelby Township
      Project Investment:   Up to $0
      Projected Jobs:   110
      Projected Award Amount:   Up to $2.10 million
    Flex-N-Gate, Inc. – Performance Based Grant
    • Approval Date:   May 24, 2016
      Location:   Detroit
      Project Investment:   Up to $95.08 million
      Projected Jobs:   650
      Projected Award Amount:   Up to $3.50 million
    Dornerworks Ltd – Performance Based Grant
    • Approval Date:   May 04, 2016
      Location:   Grand Rapids
      Project Investment:   Up to $710,000
      Projected Jobs:   25
      Projected Award Amount:   Up to $200,000
    Eagle Film Extruders – Performance Based Grant
    • Approval Date:   May 03, 2016
      Location:   Grand Rapids
      Project Investment:   Up to $17.12 million
      Projected Jobs:   50
      Projected Award Amount:   Up to $300,000
    Harvest Group, LLC – Performance Based Grant
    • Approval Date:   May 03, 2016
      Location:   Grand Rapids
      Project Investment:   Up to $34.87 million
      Projected Jobs:   140
      Projected Award Amount:   Up to $750,000
    Majestic Industries, Inc. – Performance Based Grant
    • Approval Date:   May 03, 2016
      Location:   Macomb Township
      Project Investment:   Up to $2.11 million
      Projected Jobs:   25
      Projected Award Amount:   Up to $210,000
    Spiech Farms – Performance Based Grant
    • Approval Date:   April 29, 2016
      Location:   Paw Paw
      Project Investment:   Up to $1.05 million
      Projected Jobs:   55
      Projected Award Amount:   Up to $220,000
    Schmitz Foam – Performance Based Grant
    • Approval Date:   April 29, 2016
      Location:   Coldwater
      Project Investment:   Up to $9.14 million
      Projected Jobs:   39
      Projected Award Amount:   Up to $200,000
    iSourceWorldwide, LLC – Performance Based Grant/Loan
    • Approval Date:   April 26, 2016
      Location:   Flint
      Project Investment:   Up to $2.65 million
      Projected Jobs:   100
      Projected Award Amount:   Up to $3.00 million
    Stoneridge, Inc. – Performance Based Grant
    • Approval Date:   March 22, 2016
      Location:   Novi
      Project Investment:   Up to $5.15 million
      Projected Jobs:   140
      Projected Award Amount:   Up to $1.40 million
    ST USA Holding Corp dba Sport Truck USA – Performance Based Grant
    • Approval Date:   March 08, 2016
      Location:   Coldwater
      Project Investment:   Up to $6.27 million
      Projected Jobs:   129
      Projected Award Amount:   Up to $555,000
    Marquardt Switches Inc. – Performance Based Grant
    • Approval Date:   March 07, 2016
      Location:   Rochester Hills
      Project Investment:   Up to $2.51 million
      Projected Jobs:   29
      Projected Award Amount:   Up to $300,000
    Norma Group Americas – Performance Based Grant
    • Approval Date:   March 06, 2016
      Location:   Auburn Hills
      Project Investment:   Up to $16.08 million
      Projected Jobs:   90
      Projected Award Amount:   Up to $175,000
    Firstronic, LLC – Performance Based Grant
    • Approval Date:   March 04, 2016
      Location:   Grand Rapids
      Project Investment:   Up to $1.86 million
      Projected Jobs:   50
      Projected Award Amount:   Up to $200,000