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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.

  • ArcelorMittal Tailored Blanks (AMTB) – Performance Based Grant
    • Approval Date:   November 22, 2016
      Location:   Detroit
      Project Investment:   Up to $83.51 million
      Projected Jobs:   120
      Projected Award Amount:   Up to $2.00 million
    Adient US, LLC – Performance Based Grant
    • Approval Date:   November 22, 2016
      Location:   Detroit
      Project Investment:   Up to $97.86 million
      Projected Jobs:   115
      Projected Award Amount:   Up to $2.00 million
    NxGen MDx LLC – Performance Based Grant
    • Approval Date:   November 14, 2016
      Location:   Grand Rapids
      Project Investment:   Up to $2.87 million
      Projected Jobs:   37
      Projected Award Amount:   Up to $250,000
    Sigma Machine – Performance Based Grant
    • Approval Date:   November 11, 2016
      Location:   Kalamazoo
      Project Investment:   Up to $27.80 million
      Projected Jobs:   58
      Projected Award Amount:   Up to $350,000
    mophie, LLC – Performance Based Grant
    • Approval Date:   November 08, 2016
      Location:   Kalamazoo
      Project Investment:   Up to $685,000
      Projected Jobs:   65
      Projected Award Amount:   Up to $375,000
    Humanetics Innovative Solutions, Inc. – Performance Based Grant
    • Approval Date:   November 03, 2016
      Location:   Farmington Hills
      Project Investment:   Up to $19.16 million
      Projected Jobs:   52
      Projected Award Amount:   Up to $350,000
    SF Motors, Inc. – Performance Based Grant
    • Approval Date:   October 28, 2016
      Location:   Ann Arbor
      Project Investment:   Up to $10.75 million
      Projected Jobs:   150
      Projected Award Amount:   Up to $1.00 million
    ABB, Inc. – Performance Based Grant
    • Approval Date:   October 27, 2016
      Location:   Auburn Hills
      Project Investment:   Up to $9.14 million
      Projected Jobs:   40
      Projected Award Amount:   Up to $250,000
    Gestamp North America, Inc. – Performance Based Grant
    • Approval Date:   October 25, 2016
      Location:   Troy
      Project Investment:   Up to $700,000
      Projected Jobs:   60
      Projected Award Amount:   Up to $700,000
    Gestamp North America, Inc. – Performance Based Grant
    • Approval Date:   October 25, 2016
      Location:   Chelsea
      Project Investment:   Up to $158.60 million
      Projected Jobs:   235
      Projected Award Amount:   Up to $1.18 million
    Vickers Engineering, Inc. – Performance Based Grant
    • Approval Date:   October 20, 2016
      Location:   New Troy
      Project Investment:   Up to $5.10 million
      Projected Jobs:   53
      Projected Award Amount:   Up to $160,000
    Creative Foam Corporation – Performance Based Grant
    • Approval Date:   October 20, 2016
      Location:   Flint
      Project Investment:   Up to $6.81 million
      Projected Jobs:   110
      Projected Award Amount:   Up to $550,000
    2nd Chance Wood – Performance Based Grant
    • Approval Date:   October 20, 2016
      Location:   Durand
      Project Investment:   Up to $2.50 million
      Projected Jobs:   60
      Projected Award Amount:   Up to $250,000
    Lenderful LLC – Performance Based Grant
    • Approval Date:   October 19, 2016
      Location:   Pontiac
      Project Investment:   Up to $1.75 million
      Projected Jobs:   118
      Projected Award Amount:   Up to $800,000
    Flex-N-Gate Shelby Twp., LLC – Performance Based Grant
    • Approval Date:   October 19, 2016
      Location:   Shelby Township
      Project Investment:   Up to $11.01 million
      Projected Jobs:   242
      Projected Award Amount:   Up to $900,000
    Key Safety Systems – Performance Based Grant
    • Approval Date:   September 29, 2016
      Location:   Sterling Heights
      Project Investment:   Up to $1.00 million
      Projected Jobs:   50
      Projected Award Amount:   Up to $200,000
    Flex-N-Gate Battle Creek LLC – Performance Based Grant
    • Approval Date:   September 29, 2016
      Location:   Battle Creek
      Project Investment:   Up to $22.30 million
      Projected Jobs:   59
      Projected Award Amount:   Up to $250,000
    Fiat Chrysler Automobiles US LLC – Performance Based Grant
    • Approval Date:   September 27, 2016
      Location:   Sterling Heights
      Project Investment:   Up to $1,486.44 million
      Projected Jobs:   700
      Projected Award Amount:   Up to $4.56 million
    Oerlikon Metco USA, Inc. – Performance Based Grant
    • Approval Date:   September 21, 2016
      Location:   Plymouth
      Project Investment:   Up to $49.70 million
      Projected Jobs:   67
      Projected Award Amount:   Up to $600,000
    AGC America, Inc – Performance Based Grant
    • Approval Date:   September 21, 2016
      Location:   Farmington Hills
      Project Investment:   Up to $849,000
      Projected Jobs:   59
      Projected Award Amount:   Up to $500,000