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 May 13, 2025.
OVD - Performance Based Grant
| Approval Date: | Mar 7, 2025 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $12.04 million |
| Projected Jobs: | 131 |
| Projected Award Amount: | Up to $1.00 million |
Kalamazoo Outdoor Gourmet - Performance Based Grant
| Approval Date: | Feb 28, 2025 |
|---|---|
| Location: | Galesburg |
| Project Investment: | Up to $3.80 million |
| Projected Jobs: | 22 |
| Projected Award Amount: | Up to $200,000 |
Great Lakes Sound & Vibration, Inc. (GLSV) - Performance Based Grant
| Approval Date: | Feb 10, 2025 |
|---|---|
| Location: | Calumet |
| Project Investment: | Up to $8.50 million |
| Projected Jobs: | 42 |
| Projected Award Amount: | Up to $400,000 |
Acculevel Inc - Performance Based Grant
| Approval Date: | Feb 5, 2025 |
|---|---|
| Location: | Durand |
| Project Investment: | Up to $3.85 million |
| Projected Jobs: | 52 |
| Projected Award Amount: | Up to $250,000 |
AJG Aerospace, LLC - Performance Based Grant
| Approval Date: | Feb 4, 2025 |
|---|---|
| Location: | Clarkston |
| Project Investment: | Up to $33.79 million |
| Projected Jobs: | 125 |
| Projected Award Amount: | Up to $1.00 million |
Forming Technologies LLC - Performance Based Grant
| Approval Date: | Jan 29, 2025 |
|---|---|
| Location: | Muskegon |
| Project Investment: | Up to $0 |
| Projected Jobs: | 70 |
| Projected Award Amount: | Up to $500,000 |
Pulse Primary Care - Performance Based Grant
| Approval Date: | Jan 28, 2025 |
|---|---|
| Location: | Livonia |
| Project Investment: | Up to $10.50 million |
| Projected Jobs: | 579 |
| Projected Award Amount: | Up to $3.45 million |
Midwest Press and Automation LLC - Performance Based Grant
| Approval Date: | Jan 27, 2025 |
|---|---|
| Location: | Lansing |
| Project Investment: | Up to $4.00 million |
| Projected Jobs: | 15 |
| Projected Award Amount: | Up to $202,500 |
Redi-Rock International, L.L.C. dba Aster Brands - Performance Based Grant
| Approval Date: | Jan 21, 2025 |
|---|---|
| Location: | Harbor Springs |
| Project Investment: | Up to $7.22 million |
| Projected Jobs: | 15 |
| Projected Award Amount: | Up to $750,000 |
ITALDESIGN-GIUGIARO USA LLC - Performance Based Grant
| Approval Date: | Jan 7, 2025 |
|---|---|
| Location: | Bloomfield Hills |
| Project Investment: | Up to $20.68 million |
| Projected Jobs: | 24 |
| Projected Award Amount: | Up to $200,000 |
Landscape Forms, Inc. - Performance Based Grant
| Approval Date: | Dec 10, 2024 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | Up to $70.00 million |
| Projected Jobs: | 125 |
| Projected Award Amount: | Up to $2.50 million |
BENTELER Automotive Corporation - Performance Based Grant
| Approval Date: | Dec 10, 2024 |
|---|---|
| Location: | Wyoming |
| Project Investment: | Up to $105.00 million |
| Projected Jobs: | 147 |
| Projected Award Amount: | Up to $1.40 million |
Howmet Corporation - Performance Based Grant
| Approval Date: | Dec 10, 2024 |
|---|---|
| Location: | Whitehall |
| Project Investment: | Up to $107.50 million |
| Projected Jobs: | 300 |
| Projected Award Amount: | Up to $5.10 million |
HTC Global Services, Incorporated - Performance Based Grant
| Approval Date: | Dec 10, 2024 |
|---|---|
| Location: | Troy |
| Project Investment: | Up to $5.70 million |
| Projected Jobs: | 190 |
| Projected Award Amount: | Up to $1.52 million |
3E Nano Inc. - Performance Based Grant
| Approval Date: | Dec 6, 2024 |
|---|---|
| Location: | Canton |
| Project Investment: | Up to $8.86 million |
| Projected Jobs: | 39 |
| Projected Award Amount: | Up to $1.00 million |
Performance Fabrics, Inc. d/b/a HexArmor - Performance Based Grant
| Approval Date: | Dec 6, 2024 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $11.40 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $700,000 |
Matrix Consulting Engineers, Inc. - Performance Based Grant
| Approval Date: | Dec 5, 2024 |
|---|---|
| Location: | Lansing |
| Project Investment: | Up to $4.75 million |
| Projected Jobs: | 55 |
| Projected Award Amount: | Up to $385,000 |
Project Zeus - Envergia Inc. - Performance Based Grant
| Approval Date: | Dec 3, 2024 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $32.67 million |
| Projected Jobs: | 52 |
| Projected Award Amount: | Up to $750,000 |
Loukus Technologies, Inc. - Performance Based Grant
| Approval Date: | Oct 22, 2024 |
|---|---|
| Location: | Calumet |
| Project Investment: | Up to $1.61 million |
| Projected Jobs: | 46 |
| Projected Award Amount: | Up to $300,000 |
SAAB Inc. - Performance Based Grant
| Approval Date: | Sep 24, 2024 |
|---|---|
| Location: | Grayling, MI |
| Project Investment: | Up to $75.00 million |
| Projected Jobs: | 69 |
| Projected Award Amount: | Up to $3.50 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