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 Jul 26, 2024.
dSPACE Inc., New Hudson - Performance Based Grant
| Approval Date: | May 1, 2024 |
|---|---|
| Location: | Wixom |
| Project Investment: | Up to $3.10 million |
| Projected Jobs: | 51 |
| Projected Award Amount: | Up to $408,000 |
Barron Industries, Inc. - Performance Based Grant
| Approval Date: | Apr 15, 2024 |
|---|---|
| Location: | Oxford |
| Project Investment: | Up to $9.16 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $900,000 |
Motis, LLC (dba: Race Ramps) - Performance Based Grant
| Approval Date: | Apr 15, 2024 |
|---|---|
| Location: | Escanaba |
| Project Investment: | Up to $675,000 |
| Projected Jobs: | 9 |
| Projected Award Amount: | Up to $75,000 |
Alticor, Inc. dba Amway - Performance Based Grant
| Approval Date: | Mar 26, 2024 |
|---|---|
| Location: | Ada |
| Project Investment: | Up to $127.60 million |
| Projected Jobs: | 260 |
| Projected Award Amount: | Up to $2.00 million |
Piston Automotive, L.L.C. - Performance Based Grant
| Approval Date: | Mar 26, 2024 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $85.19 million |
| Projected Jobs: | 900 |
| Projected Award Amount: | Up to $8.50 million |
Skill Real LTD - Performance Based Grant
| Approval Date: | Mar 22, 2024 |
|---|---|
| Location: | Livonia |
| Project Investment: | Up to $420,000 |
| Projected Jobs: | 20 |
| Projected Award Amount: | Up to $420,000 |
Marada Industries Inc. dba Cosma Body Assembly Michigan - Performance Based Grant
| Approval Date: | Mar 21, 2024 |
|---|---|
| Location: | New Hudson |
| Project Investment: | Up to $24.34 million |
| Projected Jobs: | 64 |
| Projected Award Amount: | Up to $320,000 |
Certus Medical LLC - Performance Based Grant
| Approval Date: | Mar 21, 2024 |
|---|---|
| Location: | East Lansing |
| Project Investment: | Up to $202,000 |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $125,000 |
Toyota Motor Engineering & Manufacturing, N.A. Inc. - Performance Based Grant
| Approval Date: | Mar 19, 2024 |
|---|---|
| Location: | Saline |
| Project Investment: | Up to $47.68 million |
| Projected Jobs: | 0 |
| Projected Award Amount: | Up to $500,000 |
Schreiber Foods - Performance Based Grant
| Approval Date: | Mar 15, 2024 |
|---|---|
| Location: | Wyoming |
| Project Investment: | Up to $59.37 million |
| Projected Jobs: | 32 |
| Projected Award Amount: | Up to $198,000 |
Packaging Compliance Labs - Performance Based Grant
| Approval Date: | Mar 11, 2024 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $4.50 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $200,000 |
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 |
Celia Corporation - Performance Based Grant
| Approval Date: | Feb 28, 2024 |
|---|---|
| Location: | Sparta |
| Project Investment: | Up to $6.90 million |
| Projected Jobs: | 52 |
| Projected Award Amount: | Up to $300,000 |
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 |
Paslin Company - Performance Based Grant
| Approval Date: | Feb 26, 2024 |
|---|---|
| Location: | Warren |
| Project Investment: | Up to $12.30 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $1.00 million |
Profielnorm USA - Performance Based Grant
| Approval Date: | Feb 20, 2024 |
|---|---|
| Location: | Plainwell |
| Project Investment: | Up to $7.53 million |
| Projected Jobs: | 30 |
| Projected Award Amount: | Up to $320,000 |
Quantum Fuel Systems - Performance Based Grant
| Approval Date: | Feb 14, 2024 |
|---|---|
| Location: | WIXOM |
| Project Investment: | Up to $22.50 million |
| Projected Jobs: | 87 |
| Projected Award Amount: | Up to $870,000 |
LHP Engineering Services - Performance Based Grant
| Approval Date: | Feb 13, 2024 |
|---|---|
| Location: | Pontiac |
| Project Investment: | Up to $3.60 million |
| Projected Jobs: | 35 |
| Projected Award Amount: | Up to $500,000 |
SAVIC Technologies - Performance Based Grant
| Approval Date: | Feb 12, 2024 |
|---|---|
| Location: | Troy |
| Project Investment: | Up to $1.29 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $600,000 |
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 |
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