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 Nov 12, 2026.

Wilbur Products, Inc. DBA Motiv Bowling - Performance Based Grant

Approval Date: Jan 20, 2026
Location: Muskegon
Project Investment: Up to $8.98 million
Projected Jobs: 90
Projected Award Amount: Up to $540,000

Ricardo, LLC - Performance Based Grant

Approval Date: Jan 16, 2026
Location: Van Buren Township
Project Investment: Up to $22.60 million
Projected Jobs: 114
Projected Award Amount: Up to $855,000

HealthBridge Financial, Inc. - Performance Based Grant

Approval Date: Dec 9, 2025
Location: Grand Rapids
Project Investment: Up to $17.28 million
Projected Jobs: 200
Projected Award Amount: Up to $1.50 million

Michigan Milk Producers Association - Performance Based Grant

Approval Date: Dec 9, 2025
Location: Remus
Project Investment: Up to $122.68 million
Projected Jobs: 76
Projected Award Amount: Up to $662,500

DDP Specialty Electronic Materials US,LLC - Performance Based Grant

Approval Date: Dec 9, 2025
Location: MIDLAND
Project Investment: Up to $20.00 million
Projected Jobs: 22
Projected Award Amount: Up to $200,000

Teradyne Inc. - Performance Based Grant

Approval Date: Dec 9, 2025
Location: Wixom
Project Investment: Up to $32.00 million
Projected Jobs: 231
Projected Award Amount: Up to $2.70 million

Eccalon - Performance Based Grant

Approval Date: Dec 9, 2025
Location: Detroit
Project Investment: Up to $71.00 million
Projected Jobs: 800
Projected Award Amount: Up to $10.00 million

Legacy Port Huron Paper Company, LLC - Performance Based Grant

Approval Date: Dec 8, 2025
Location: Port Huron
Project Investment: Up to $24.50 million
Projected Jobs: 82
Projected Award Amount: Up to $1.00 million

Kais-AIR LLC - Performance Based Grant

Approval Date: Dec 2, 2025
Location: Village of Holly
Project Investment: Up to $23.30 million
Projected Jobs: 100
Projected Award Amount: Up to $950,000

Miller Industries, LLC/Miller Developers LLC - Performance Based Grant

Approval Date: Oct 8, 2025
Location: Fenton
Project Investment: Up to $43.00 million
Projected Jobs: 167
Projected Award Amount: Up to $1.00 million

Utilidata, Inc. - Performance Based Grant

Approval Date: Oct 1, 2025
Location: Ann Arbor
Project Investment: Up to $4.48 million
Projected Jobs: 27
Projected Award Amount: Up to $250,000

J.R. Automation Technologies, LLC - Performance Based Grant

Approval Date: Sep 30, 2025
Location: Zeeland
Project Investment: Up to $72.80 million
Projected Jobs: 150
Projected Award Amount: Up to $1.60 million

Astemo Americas, Inc. - Performance Based Grant

Approval Date: Sep 30, 2025
Location: Wixom
Project Investment: Up to $95.00 million
Projected Jobs: 200
Projected Award Amount: Up to $2.00 million

ptMantra - Performance Based Grant

Approval Date: Sep 30, 2025
Location: Wixom
Project Investment: Up to $2.35 million
Projected Jobs: 107
Projected Award Amount: Up to $404,000

American Rheinmetall - Performance Based Grant

Approval Date: Sep 30, 2025
Location: Auburn Hills
Project Investment: Up to $31.75 million
Projected Jobs: 450
Projected Award Amount: Up to $7.52 million

Laserglow Technologies - Performance Based Grant

Approval Date: Sep 19, 2025
Location: Sterling Heights
Project Investment: Up to $1.23 million
Projected Jobs: 16
Projected Award Amount: Up to $72,000

3D Plastics, LLC - Performance Based Grant

Approval Date: Sep 2, 2025
Location: Jonesville
Project Investment: Up to $8.70 million
Projected Jobs: 111
Projected Award Amount: Up to $700,000

Weiss Technik North America Inc. - Performance Based Grant

Approval Date: Jul 29, 2025
Location: Grand Rapids
Project Investment: Up to $25.60 million
Projected Jobs: 36
Projected Award Amount: Up to $350,000

MV5X Industries, LLC DBA Veptos - Performance Based Grant

Approval Date: Jul 29, 2025
Location: Imlay City
Project Investment: Up to $19.67 million
Projected Jobs: 420
Projected Award Amount: Up to $5.00 million

Hudsonville Creamery & Ice Cream Company, LLC - Performance Based Grant

Approval Date: Jul 29, 2025
Location: Holland
Project Investment: Up to $40.00 million
Projected Jobs: 44
Projected Award Amount: Up to $700,000