Michigan's Strategic Site Readiness and Critical Industry Programs

Michigan's Strategic Site Readiness Program (SSRP) and Critical Industry Program (CIP), continue to build out the strong supply chains and industry networks that make Michigan a global leader.

Vital to Michigan’s efforts to compete for, and win, transformational projects is a package of flexible economic development tools known as the Strategic Outreach and Attraction Reserve (SOAR) Fund. Within this fund is the Strategic Site Readiness Program (SSRP) and the Critical Industry Program (CIP). These bipartisan programs provide the competitive and flexible economic development tools that enable Team Michigan to land transformational business retention and attraction projects by complementing Michigan’s already undeniable strengths as a state, including the state’s heritage in manufacturing, world-class workforce and Pure Michigan quality of life.

The Michigan Strategic Site Readiness program allows Michigan to create investment-ready sites to attract and spur business growth in Michigan. Site availability and readiness have risen quickly as deciding factors for companies who are considering future investments and expansions. The program provides grants, loans, and other economic assistance for the purpose of creating investment-ready sites to attract and promote investment in this state.
The Critical Industry Investment program empowers Michigan to make game-changing investments critical to closing deals, creates and preserves qualified jobs, and brings significant capital investment into Michigan.

This generous grant (SSRP) helps to position Michigan as a leader in national security, artificial intelligence, clean energy, and advanced research. The partnership between the University of Michigan and Los Alamos National Laboratory represents a transformative opportunity to drive innovation, strengthen our economy, and create high-paying jobs right here in Michigan. We are honored to collaborate on this impactful initiative and look forward to the profound benefits it will bring to our state and beyond.

Santa J. Ono

Former President, University of Michigan

Discover How SSRP & CIP Funding is Making an Impact Across the State

600 New Jobs, $1.5 Billion in Investment Coming to Ypsilanti and Redford Townships

Governor Gretchen Whitmer applauded Michigan Strategic Fund Board (MSF) action to support two projects utilizing the Strategic Outreach and Attraction Reserve (SOAR) Fund led by the University of Michigan and Detroit Diesel Corporation, respectively, in Southeast Michigan. Combined, the projects will create at least 636 new jobs, retain over 2,000 jobs, and secure capital investments of roughly $1.53 billion.

Grants Approved for New Corning Manufacturing Facility, Over 1,100 Jobs in Michigan

Corning Incorporated has chosen Michigan for a new manufacturing facility dedicated to the creation of U.S.-made solar components with support from the Michigan Strategic Fund. This investment will help meet a sharp rise in demand for solar power that the current domestic solar supply chain cannot meet while creating good-paying jobs that put Michigan on track to achieve a greener, more sustainable future.

Groundbreaking on New $375 Million Expansion of Hemlock Semiconductor, Creating 170 New Jobs

Governor Gretchen Whitmer joined company officials and federal, state, and local leaders to break ground on Hemlock Semiconductor’s (HSC) new expansion project at the company’s Thomas Township operations. Governor Whitmer announced the project in September 2022, bringing a planned investment of $375 million and creation of 170 high-wage jobs to Saginaw County and strengthening Michigan’s leadership position in the semiconductor supply chain.

Ford to Invest $2 Billion to Create More than 3,200 New Manufacturing Jobs, Secure Critical EV Production in Michigan

This investment ensures future opportunity for EV manufacturing growth, while securing internal combustion engine portfolio in Michigan, and was supported by Michigan's Critical Industry Program with $100.8 for five facilities in Michigan that will lead to the creation of 3,030 new jobs and $1.16 billion of investment.