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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.

  • IP Consulting Inc. – Performance Based Grant
    • Approval Date:   September 19, 2016
      Location:   Kentwood
      Project Investment:   Up to $699,498
      Projected Jobs:   25
      Projected Award Amount:   Up to $180,000
    Par Sterile Products, LLC – Performance Based Grant
    • Approval Date:   September 15, 2016
      Location:   Rochester
      Project Investment:   Up to $58.40 million
      Projected Jobs:   30
      Projected Award Amount:   Up to $350,000
    Royal Technologies Corporation – Performance Based Grant
    • Approval Date:   September 13, 2016
      Location:   Hudsonville
      Project Investment:   Up to $33.68 million
      Projected Jobs:   66
      Projected Award Amount:   Up to $400,000
    The Oakwood Group – Performance Based Grant
    • Approval Date:   September 08, 2016
      Location:   Taylor
      Project Investment:   Up to $5.21 million
      Projected Jobs:   53
      Projected Award Amount:   Up to $200,000
    Yen Group, LLC – Performance Based Grant
    • Approval Date:   September 08, 2016
      Location:   Port Huron
      Project Investment:   Up to $10.24 million
      Projected Jobs:   80
      Projected Award Amount:   Up to $400,000
    Chem-Trend, Limited Partnership – Performance Based Grant
    • Approval Date:   August 31, 2016
      Location:   Howell
      Project Investment:   Up to $7.69 million
      Projected Jobs:   27
      Projected Award Amount:   Up to $250,000
    Zhongding USA Cadillac dba Michigan Rubber Products, Inc. – Performance Based Grant
    • Approval Date:   August 29, 2016
      Location:   Cadillac
      Project Investment:   Up to $4.30 million
      Projected Jobs:   125
      Projected Award Amount:   Up to $600,000
    Gemini Group, Inc. – Performance Based Grant
    • Approval Date:   August 29, 2016
      Location:   Ubly
      Project Investment:   Up to $48.00 million
      Projected Jobs:   85
      Projected Award Amount:   Up to $700,000
    Martinrea International Inc – Performance Based Grant
    • Approval Date:   August 26, 2016
      Location:   Auburn Hills
      Project Investment:   Up to $5.12 million
      Projected Jobs:   60
      Projected Award Amount:   Up to $420,000
    GE Aviation Muskegon – Performance Based Grant
    • Approval Date:   August 23, 2016
      Location:   Muskegon
      Project Investment:   Up to $14.48 million
      Projected Jobs:   100
      Projected Award Amount:   Up to $800,000
    Inteva Products – Performance Based Grant
    • Approval Date:   August 23, 2016
      Location:   Adrian
      Project Investment:   Up to $23.30 million
      Projected Jobs:   127
      Projected Award Amount:   Up to $1.27 million
    Koops, Incorporated – Performance Based Grant
    • Approval Date:   August 15, 2016
      Location:   Holland
      Project Investment:   Up to $4.89 million
      Projected Jobs:   60
      Projected Award Amount:   Up to $360,000
    BorgWarner, Inc. - HQ – Performance Based Grant
    • Approval Date:   August 12, 2016
      Location:   Auburn Hills
      Project Investment:   Up to $15.55 million
      Projected Jobs:   76
      Projected Award Amount:   Up to $750,000
    Engineered Machined Products, Inc. – Performance Based Grant
    • Approval Date:   August 09, 2016
      Location:   Escanaba
      Project Investment:   Up to $3.67 million
      Projected Jobs:   40
      Projected Award Amount:   Up to $250,000
    C3 Ventures 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
    National Composites LLC fka Owosso Composite, LLC – Performance Based Grant
    • Approval Date:   July 21, 2016
      Location:   Owosso
      Project Investment:   Up to $1.40 million
      Projected Jobs:   76
      Projected Award Amount:   Up to $275,000
    124 Grand Holdings, DBA Stikwood – Performance Based Grant
    • Approval Date:   July 15, 2016
      Location:   Kentwood
      Project Investment:   Up to $4.18 million
      Projected Jobs:   73
      Projected Award Amount:   Up to $400,000
    JR Automation Technologies, LLC – Performance Based Grant
    • Approval Date:   June 28, 2016
      Location:   Holland
      Project Investment:   Up to $5.65 million
      Projected Jobs:   250
      Projected Award Amount:   Up to $2.20 million
    FEV North America, Inc. – Performance Based Grant
    • Approval Date:   June 28, 2016
      Location:   Auburn Hills
      Project Investment:   Up to $27.35 million
      Projected Jobs:   246
      Projected Award Amount:   Up to $1.20 million
    Mitchell Plastics – Performance Based Grant
    • Approval Date:   June 28, 2016
      Location:   Sterling Heights
      Project Investment:   Up to $20.56 million
      Projected Jobs:   122
      Projected Award Amount:   Up to $427,000