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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.

  • Creative Foam Corporation – Performance Based Grant
    • Approval Date:   October 20, 2016
      Location:   Flint
      Project Investment:   Up to $6.81 million
      Projected Jobs:   110
      Projected Award Amount:   Up to $550,000
    2nd Chance Wood – Performance Based Grant
    • Approval Date:   October 20, 2016
      Location:   Durand
      Project Investment:   Up to $2.50 million
      Projected Jobs:   60
      Projected Award Amount:   Up to $250,000
    Vickers Engineering, Inc. – Performance Based Grant
    • Approval Date:   October 20, 2016
      Location:   New Troy
      Project Investment:   Up to $5.10 million
      Projected Jobs:   53
      Projected Award Amount:   Up to $160,000
    Lenderful LLC – Performance Based Grant
    • Approval Date:   October 19, 2016
      Location:   Pontiac
      Project Investment:   Up to $1.75 million
      Projected Jobs:   118
      Projected Award Amount:   Up to $800,000
    Flex-N-Gate Shelby Twp., LLC – Performance Based Grant
    • Approval Date:   October 19, 2016
      Location:   Shelby Township
      Project Investment:   Up to $11.01 million
      Projected Jobs:   242
      Projected Award Amount:   Up to $900,000
    Key Safety Systems – Performance Based Grant
    • Approval Date:   September 29, 2016
      Location:   Sterling Heights
      Project Investment:   Up to $1.00 million
      Projected Jobs:   50
      Projected Award Amount:   Up to $200,000
    Flex-N-Gate Battle Creek LLC – Performance Based Grant
    • Approval Date:   September 29, 2016
      Location:   Battle Creek
      Project Investment:   Up to $22.30 million
      Projected Jobs:   59
      Projected Award Amount:   Up to $250,000
    Fiat Chrysler Automobiles US LLC – Performance Based Grant
    • Approval Date:   September 27, 2016
      Location:   Sterling Heights
      Project Investment:   Up to $1,486.44 million
      Projected Jobs:   700
      Projected Award Amount:   Up to $4.56 million
    Oerlikon Metco USA, Inc. – Performance Based Grant
    • Approval Date:   September 21, 2016
      Location:   Plymouth
      Project Investment:   Up to $49.70 million
      Projected Jobs:   67
      Projected Award Amount:   Up to $600,000
    AGC America, Inc – Performance Based Grant
    • Approval Date:   September 21, 2016
      Location:   Farmington Hills
      Project Investment:   Up to $849,000
      Projected Jobs:   59
      Projected Award Amount:   Up to $500,000
    IP Consulting Inc. – Performance Based Grant
    • Approval Date:   September 19, 2016
      Location:   Kentwood
      Project Investment:   Up to $699,498
      Projected Jobs:   25
      Projected Award Amount:   Up to $180,000
    Par Sterile Products, LLC – Performance Based Grant
    • Approval Date:   September 15, 2016
      Location:   Rochester
      Project Investment:   Up to $58.40 million
      Projected Jobs:   30
      Projected Award Amount:   Up to $350,000
    Yen Group, LLC – Performance Based Grant
    • Approval Date:   September 08, 2016
      Location:   Port Huron
      Project Investment:   Up to $10.24 million
      Projected Jobs:   80
      Projected Award Amount:   Up to $400,000
    The Oakwood Group – Performance Based Grant
    • Approval Date:   September 08, 2016
      Location:   Taylor
      Project Investment:   Up to $5.21 million
      Projected Jobs:   53
      Projected Award Amount:   Up to $200,000
    Chem-Trend, Limited Partnership – Performance Based Grant
    • Approval Date:   August 31, 2016
      Location:   Howell
      Project Investment:   Up to $7.69 million
      Projected Jobs:   27
      Projected Award Amount:   Up to $250,000
    Gemini Group, Inc. – Performance Based Grant
    • Approval Date:   August 29, 2016
      Location:   Ubly
      Project Investment:   Up to $48.00 million
      Projected Jobs:   85
      Projected Award Amount:   Up to $700,000
    Zhongding USA Cadillac dba Michigan Rubber Products, Inc. – Performance Based Grant
    • Approval Date:   August 29, 2016
      Location:   Cadillac
      Project Investment:   Up to $4.30 million
      Projected Jobs:   125
      Projected Award Amount:   Up to $600,000
    Martinrea International Inc – Performance Based Grant
    • Approval Date:   August 26, 2016
      Location:   Auburn Hills
      Project Investment:   Up to $5.12 million
      Projected Jobs:   60
      Projected Award Amount:   Up to $420,000
    GE Aviation Muskegon – Performance Based Grant
    • Approval Date:   August 23, 2016
      Location:   Muskegon
      Project Investment:   Up to $14.48 million
      Projected Jobs:   100
      Projected Award Amount:   Up to $800,000
    Inteva Products – Performance Based Grant
    • Approval Date:   August 23, 2016
      Location:   Adrian
      Project Investment:   Up to $23.30 million
      Projected Jobs:   127
      Projected Award Amount:   Up to $1.27 million