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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.

  • 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
    TecNiq – Performance Based Grant
    • Approval Date:   June 10, 2016
      Location:   Galesburg
      Project Investment:   Up to $5.93 million
      Projected Jobs:   120
      Projected Award Amount:   Up to $540,000
    Denso Manufacturing Michigan, Inc. – Performance Based Grant
    • Approval Date:   June 08, 2016
      Location:   Battle Creek
      Project Investment:   Up to $37.29 million
      Projected Jobs:   125
      Projected Award Amount:   Up to $686,500
    Daifuku North America Holding Company – Performance Based Grant
    • Approval Date:   June 06, 2016
      Location:   Novi
      Project Investment:   Up to $15.15 million
      Projected Jobs:   85
      Projected Award Amount:   Up to $700,000
    Karma (Fisker Automotive, Inc.) – Performance Based Grant
    • Approval Date:   May 26, 2016
      Location:   Troy
      Project Investment:   Up to $3.64 million
      Projected Jobs:   150
      Projected Award Amount:   Up to $450,000
    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. dba Laird Technologies – 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 Loan
    • 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 Corporation – 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
    Shipston Aluminum Technologies International – Performance Based Grant
    • Approval Date:   May 20, 2016
      Location:   Spring Lake Twp
      Project Investment:   Up to $9.97 million
      Projected Jobs:   114
      Projected Award Amount:   Up to $600,000
    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
    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
    Eagle Film Extruders, dba Pregis Films – 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
    Schmitz Foam Products, Inc. – 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
    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
    Kraft Heinz Company – Performance Based Grant
    • Approval Date:   April 28, 2016
      Location:   Holland
      Project Investment:   Up to $17.20 million
      Projected Jobs:   50
      Projected Award Amount:   Up to $500,000
    Duo Security – Performance Based Grant
    • Approval Date:   April 26, 2016
      Location:   Ann Arbor
      Project Investment:   Up to $2.48 million
      Projected Jobs:   301
      Projected Award Amount:   Up to $2.50 million