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 18, 2024.
Future Technologies, Inc. - Performance Based Grant
| Approval Date: | Feb 29, 2024 |
|---|---|
| Location: | Bay City |
| Project Investment: | Up to $1.06 million |
| Projected Jobs: | 10 |
| Projected Award Amount: | Up to $125,000 |
SAVIC Technologies - Performance Based Grant
| Approval Date: | Feb 28, 2024 |
|---|---|
| Location: | Troy |
| Project Investment: | Up to $1.29 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $600,000 |
Paramelt - Muskegon dba M. Argueso & Company - Performance Based Grant
| Approval Date: | Feb 27, 2024 |
|---|---|
| Location: | Norton Shores |
| Project Investment: | Up to $33.00 million |
| Projected Jobs: | 20 |
| Projected Award Amount: | Up to $160,000 |
Uniform Color Company - Performance Based Grant
| Approval Date: | Feb 12, 2024 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $12.06 million |
| Projected Jobs: | 13 |
| Projected Award Amount: | Up to $195,000 |
Creative Composites, Inc. - Performance Based Grant
| Approval Date: | Feb 9, 2024 |
|---|---|
| Location: | RAPID RIVER |
| Project Investment: | Up to $960,000 |
| Projected Jobs: | 17 |
| Projected Award Amount: | Up to $135,000 |
Ludus LLC - Performance Based Grant
| Approval Date: | Jan 29, 2024 |
|---|---|
| Location: | TBD |
| Project Investment: | Up to $310,000 |
| Projected Jobs: | 34 |
| Projected Award Amount: | Up to $140,000 |
SnackCraft - Performance Based Grant
| Approval Date: | Jan 26, 2024 |
|---|---|
| Location: | Kentwood |
| Project Investment: | Up to $29.90 million |
| Projected Jobs: | 37 |
| Projected Award Amount: | Up to $400,000 |
B&L Systems, dba Fifth Wheel Freight - Performance Based Grant
| Approval Date: | Jan 23, 2024 |
|---|---|
| Location: | Kentwood |
| Project Investment: | Up to $1.50 million |
| Projected Jobs: | 352 |
| Projected Award Amount: | Up to $2.00 million |
Magline, Incorporated - Performance Based Grant
| Approval Date: | Dec 19, 2023 |
|---|---|
| Location: | Standish |
| Project Investment: | Up to $875,000 |
| Projected Jobs: | 10 |
| Projected Award Amount: | Up to $100,000 |
Attwood Corporation - Performance Based Grant
| Approval Date: | Dec 14, 2023 |
|---|---|
| Location: | Lowell |
| Project Investment: | Up to $32.70 million |
| Projected Jobs: | 80 |
| Projected Award Amount: | Up to $480,000 |
Gielow Pickles, Inc. (current) - Performance Based Grant
| Approval Date: | Dec 12, 2023 |
|---|---|
| Location: | Lexington |
| Project Investment: | Up to $10.00 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $1.00 million |
Hg Medical USA LLC - Performance Based Grant
| Approval Date: | Dec 12, 2023 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $41.01 million |
| Projected Jobs: | 180 |
| Projected Award Amount: | Up to $1.80 million |
ATC Drivetrain, LLC - Performance Based Grant
| Approval Date: | Dec 12, 2023 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $7.90 million |
| Projected Jobs: | 163 |
| Projected Award Amount: | Up to $2.00 million |
WK Kellogg Co - Performance Based Grant
| Approval Date: | Dec 12, 2023 |
|---|---|
| Location: | Battle Creek |
| Project Investment: | Up to $44.00 million |
| Projected Jobs: | 43 |
| Projected Award Amount: | Up to $5.00 million |
Trinity Truck & Trailer Service, L.L.C. - Performance Based Grant
| Approval Date: | Dec 11, 2023 |
|---|---|
| Location: | Ithaca |
| Project Investment: | Up to $6.75 million |
| Projected Jobs: | 55 |
| Projected Award Amount: | Up to $192,500 |
Aspen Surgical Products, Inc. - Performance Based Grant
| Approval Date: | Dec 8, 2023 |
|---|---|
| Location: | Caledonia |
| Project Investment: | Up to $5.05 million |
| Projected Jobs: | 75 |
| Projected Award Amount: | Up to $600,000 |
Koops, Incorporated - Performance Based Grant
| Approval Date: | Dec 8, 2023 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $3.01 million |
| Projected Jobs: | 24 |
| Projected Award Amount: | Up to $250,000 |
Jing-Jin Electric North America LLC - Performance Based Grant
| Approval Date: | Dec 7, 2023 |
|---|---|
| Location: | Farmington Hills |
| Project Investment: | Up to $16.50 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $1.00 million |
LT Precision - Performance Based Grant
| Approval Date: | Nov 9, 2023 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $43.20 million |
| Projected Jobs: | 70 |
| Projected Award Amount: | Up to $700,000 |
Sunsation Starville Road llc - Performance Based Grant
| Approval Date: | Nov 8, 2023 |
|---|---|
| Location: | Cottrellville Twp. |
| Project Investment: | Up to $7.77 million |
| Projected Jobs: | 20 |
| Projected Award Amount: | Up to $350,000 |
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