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 Apr 25, 2024.
Heartland RV - Performance Based Grant
| Approval Date: | Jul 19, 2021 |
|---|---|
| Location: | Sturgis |
| Project Investment: | Up to $16.00 million |
| Projected Jobs: | 225 |
| Projected Award Amount: | Up to $700,000 |
Hollingsworth Logistics Management - Performance Based Grant
| Approval Date: | Jun 22, 2021 |
|---|---|
| Location: | Brownstown Township |
| Project Investment: | Up to $17.08 million |
| Projected Jobs: | 250 |
| Projected Award Amount: | Up to $1.50 million |
XL Fleet - HQ - Performance Based Grant
| Approval Date: | Jun 7, 2021 |
|---|---|
| Location: | Wixom |
| Project Investment: | Up to $1.26 million |
| Projected Jobs: | 45 |
| Projected Award Amount: | Up to $400,000 |
L3Harris - Aviation Systems - Performance Based Grant
| Approval Date: | May 26, 2021 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $2.58 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $500,000 |
Flex-N-Gate Troy LLC - Performance Based Grant
| Approval Date: | May 20, 2021 |
|---|---|
| Location: | Troy |
| Project Investment: | Up to $52.20 million |
| Projected Jobs: | 245 |
| Projected Award Amount: | Up to $1.00 million |
Speedrack Products Group, Ltd. - Performance Based Grant
| Approval Date: | May 19, 2021 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $64.57 million |
| Projected Jobs: | 164 |
| Projected Award Amount: | Up to $820,000 |
EOTech - Performance Based Grant
| Approval Date: | Apr 30, 2021 |
|---|---|
| Location: | Traverse City |
| Project Investment: | Up to $9.62 million |
| Projected Jobs: | 165 |
| Projected Award Amount: | Up to $650,000 |
DCS Corp - Performance Based Grant
| Approval Date: | Mar 31, 2021 |
|---|---|
| Location: | Sterling Heights |
| Project Investment: | Up to $4.38 million |
| Projected Jobs: | 92 |
| Projected Award Amount: | Up to $500,000 |
Special-Lite, Inc. - Performance Based Grant
| Approval Date: | Mar 5, 2021 |
|---|---|
| Location: | Benton Harbor |
| Project Investment: | Up to $2.38 million |
| Projected Jobs: | 61 |
| Projected Award Amount: | Up to $300,000 |
Goyette Mechanical Company - Performance Based Grant
| Approval Date: | Mar 1, 2021 |
|---|---|
| Location: | Flint |
| Project Investment: | Up to $4.65 million |
| Projected Jobs: | 90 |
| Projected Award Amount: | Up to $675,000 |
Magna Electric Vehicle Structures – Michigan, Inc. - Performance Based Grant
| Approval Date: | Feb 23, 2021 |
|---|---|
| Location: | St. Clair |
| Project Investment: | Up to $496.70 million |
| Projected Jobs: | 1224 |
| Projected Award Amount: | Up to $7.50 million |
Lordstown Motors Corporation - Performance Based Grant
| Approval Date: | Feb 2, 2021 |
|---|---|
| Location: | Farmington Hills |
| Project Investment: | Up to $3.68 million |
| Projected Jobs: | 141 |
| Projected Award Amount: | Up to $1.00 million |
Navitas Advanced Solutions Group - Performance Based Grant
| Approval Date: | Jan 22, 2021 |
|---|---|
| Location: | Ann Arbor |
| Project Investment: | Up to $3.36 million |
| Projected Jobs: | 111 |
| Projected Award Amount: | Up to $750,000 |
A.G. Simpson (USA) Inc - Sterling South Location - Performance Based Grant
| Approval Date: | Dec 15, 2020 |
|---|---|
| Location: | Sterling Heights, MI |
| Project Investment: | Up to $5.00 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $850,000 |
L. Perrigo Company-HQ - Performance Based Grant
| Approval Date: | Oct 27, 2020 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $18.42 million |
| Projected Jobs: | 170 |
| Projected Award Amount: | Up to $2.00 million |
The Kroger Co - Performance Based Grant
| Approval Date: | Oct 27, 2020 |
|---|---|
| Location: | Romulus |
| Project Investment: | Up to $94.00 million |
| Projected Jobs: | 270 |
| Projected Award Amount: | Up to $1.60 million |
Wacker Chemical Corporation - Performance Based Grant
| Approval Date: | Sep 18, 2020 |
|---|---|
| Location: | Ann Arbor |
| Project Investment: | Up to $51.00 million |
| Projected Jobs: | 70 |
| Projected Award Amount: | Up to $1.00 million |
Bridgewater Interiors - Performance Based Grant
| Approval Date: | Jul 28, 2020 |
|---|---|
| Location: | Lansing |
| Project Investment: | Up to $15.85 million |
| Projected Jobs: | 400 |
| Projected Award Amount: | Up to $2.00 million |
May Mobility - Performance Based Grant
| Approval Date: | Jul 22, 2020 |
|---|---|
| Location: | Ann Arbor |
| Project Investment: | Up to $11.80 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $700,000 |
Magna Seating of America Inc. - Performance Based Grant
| Approval Date: | Jun 23, 2020 |
|---|---|
| Location: | Highland Park |
| Project Investment: | Up to $35.43 million |
| Projected Jobs: | 480 |
| Projected Award Amount: | Up to $2.17 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