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 Oct 26, 2024.
Forming AG - Performance Based Grant
| Approval Date: | Jul 18, 2024 |
|---|---|
| Location: | Schoolcraft |
| Project Investment: | Up to $16.10 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $500,000 |
Flash Steelworks, Inc - Performance Based Grant
| Approval Date: | Jul 8, 2024 |
|---|---|
| Location: | Ira Township |
| Project Investment: | Up to $8.84 million |
| Projected Jobs: | 55 |
| Projected Award Amount: | Up to $750,000 |
Northern Hardwoods - a Longyear Company - Performance Based Grant
| Approval Date: | Jun 27, 2024 |
|---|---|
| Location: | Atlantic Mine |
| Project Investment: | Up to $4.75 million |
| Projected Jobs: | 0 |
| Projected Award Amount: | Up to $250,000 |
Norplas Industries, Inc. - Performance Based Grant
| Approval Date: | Jun 25, 2024 |
|---|---|
| Location: | Highland Park |
| Project Investment: | Up to $6.80 million |
| Projected Jobs: | 500 |
| Projected Award Amount: | Up to $816,000 |
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 |
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 |
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 |
Skill Real USA, Inc. - 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 |
Magna New Mobility USA - Performance Based Grant
| Approval Date: | Mar 21, 2024 |
|---|---|
| Location: | Troy |
| Project Investment: | Up to $1.20 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $1.00 million |
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 |
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