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 22, 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