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 17, 2024.
Lineage Logistics LLC - HQ - Performance Based Grant
| Approval Date: | Apr 27, 2020 |
|---|---|
| Location: | Novi |
| Project Investment: | Up to $6.95 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $250,000 |
Niles Industrial Coatings - Performance Based Grant
| Approval Date: | Apr 23, 2020 |
|---|---|
| Location: | Fenton |
| Project Investment: | Up to $1.50 million |
| Projected Jobs: | 187 |
| Projected Award Amount: | Up to $800,000 |
Hexagon Metrology, Inc. - Performance Based Grant
| Approval Date: | Apr 17, 2020 |
|---|---|
| Location: | Novi |
| Project Investment: | Up to $19.50 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $250,000 |
Tipping Point Solutions, Inc. - Performance Based Grant
| Approval Date: | Feb 20, 2020 |
|---|---|
| Location: | Sault Saint Marie |
| Project Investment: | Up to $157,500 |
| Projected Jobs: | 9 |
| Projected Award Amount: | Up to $75,000 |
Dakkota Integrated Systems, LLC - Performance Based Grant
| Approval Date: | Jan 22, 2020 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $45.00 million |
| Projected Jobs: | 400 |
| Projected Award Amount: | Up to $1.50 million |
Guardiantrac LLC - Performance Based Grant
| Approval Date: | Dec 17, 2019 |
|---|---|
| Location: | Sturgis |
| Project Investment: | Up to $1.70 million |
| Projected Jobs: | 84 |
| Projected Award Amount: | Up to $250,000 |
Snackwerks of Michigan - Performance Based Grant
| Approval Date: | Dec 6, 2019 |
|---|---|
| Location: | Battle Creek |
| Project Investment: | Up to $3.95 million |
| Projected Jobs: | 38 |
| Projected Award Amount: | Up to $212,000 |
Kuehne + Nagel Inc. - Performance Based Grant
| Approval Date: | Nov 22, 2019 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $2.96 million |
| Projected Jobs: | 152 |
| Projected Award Amount: | Up to $750,000 |
Aquest Machining & Assembly dba FabX Industries, Inc. - Performance Based Grant
| Approval Date: | Oct 21, 2019 |
|---|---|
| Location: | Greenville |
| Project Investment: | Up to $1.30 million |
| Projected Jobs: | 12 |
| Projected Award Amount: | Up to $60,000 |
Alumilite Corporation - Performance Based Grant
| Approval Date: | Oct 18, 2019 |
|---|---|
| Location: | Galesburg |
| Project Investment: | Up to $2.13 million |
| Projected Jobs: | 28 |
| Projected Award Amount: | Up to $112,000 |
Great Lakes Sound and Vibration (GLSV) - Performance Based Grant
| Approval Date: | Oct 16, 2019 |
|---|---|
| Location: | Calumet |
| Project Investment: | Up to $1.48 million |
| Projected Jobs: | 20 |
| Projected Award Amount: | Up to $144,000 |
Acrisure - Performance Based Grant
| Approval Date: | Sep 24, 2019 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $33.19 million |
| Projected Jobs: | 400 |
| Projected Award Amount: | Up to $1.00 million |
Michigan Software Labs - Performance Based Grant
| Approval Date: | Sep 19, 2019 |
|---|---|
| Location: | Ada |
| Project Investment: | Up to $840,535 |
| Projected Jobs: | 27 |
| Projected Award Amount: | Up to $108,000 |
MMI Engineered Solutions, Inc. - Performance Based Grant
| Approval Date: | Sep 11, 2019 |
|---|---|
| Location: | Warren |
| Project Investment: | Up to $14.98 million |
| Projected Jobs: | 111 |
| Projected Award Amount: | Up to $580,000 |
Knauf Insulation, Inc. - Performance Based Grant
| Approval Date: | Jul 23, 2019 |
|---|---|
| Location: | Albion |
| Project Investment: | Up to $32.48 million |
| Projected Jobs: | 34 |
| Projected Award Amount: | Up to $204,000 |
BorgWarner - Akasol Incorporated - Performance Based Grant
| Approval Date: | Jun 25, 2019 |
|---|---|
| Location: | Hazel Park |
| Project Investment: | Up to $40.38 million |
| Projected Jobs: | 224 |
| Projected Award Amount: | Up to $900,000 |
KLA Corporation - Performance Based Grant
| Approval Date: | Jun 25, 2019 |
|---|---|
| Location: | Ann Arbor |
| Project Investment: | Up to $217.83 million |
| Projected Jobs: | 600 |
| Projected Award Amount: | Up to $2.50 million |
American Chemical Solutions LLC - Performance Based Grant
| Approval Date: | Jun 24, 2019 |
|---|---|
| Location: | Muskegon |
| Project Investment: | Up to $15.00 million |
| Projected Jobs: | 38 |
| Projected Award Amount: | Up to $200,000 |
Multimatic Engineering - Performance Based Grant
| Approval Date: | May 30, 2019 |
|---|---|
| Location: | Southfield |
| Project Investment: | Up to $7.87 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $603,500 |
Stellantis - Performance Based Grant
| Approval Date: | May 21, 2019 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $1,614.06 million |
| Projected Jobs: | 3850 |
| Projected Award Amount: | Up to $10.00 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