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 Apr 21, 2024.

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

SAVIC Technologies - Performance Based Grant

Approval Date: Feb 28, 2024
Location: Troy
Project Investment: Up to $1.29 million
Projected Jobs: 100
Projected Award Amount: Up to $600,000

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

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

Creative Composites, Inc. - Performance Based Grant

Approval Date: Feb 9, 2024
Location: RAPID RIVER
Project Investment: Up to $960,000
Projected Jobs: 17
Projected Award Amount: Up to $135,000

Ludus LLC - Performance Based Grant

Approval Date: Jan 29, 2024
Location: TBD
Project Investment: Up to $310,000
Projected Jobs: 34
Projected Award Amount: Up to $140,000

SnackCraft - Performance Based Grant

Approval Date: Jan 26, 2024
Location: Kentwood
Project Investment: Up to $29.90 million
Projected Jobs: 37
Projected Award Amount: Up to $400,000

B&L Systems, dba Fifth Wheel Freight - Performance Based Grant

Approval Date: Jan 23, 2024
Location: Kentwood
Project Investment: Up to $1.50 million
Projected Jobs: 352
Projected Award Amount: Up to $2.00 million

Magline, Incorporated - Performance Based Grant

Approval Date: Dec 19, 2023
Location: Standish
Project Investment: Up to $875,000
Projected Jobs: 10
Projected Award Amount: Up to $100,000

Attwood Corporation - Performance Based Grant

Approval Date: Dec 14, 2023
Location: Lowell
Project Investment: Up to $32.70 million
Projected Jobs: 80
Projected Award Amount: Up to $480,000

Gielow Pickles, Inc. (current) - Performance Based Grant

Approval Date: Dec 12, 2023
Location: Lexington
Project Investment: Up to $10.00 million
Projected Jobs: 100
Projected Award Amount: Up to $1.00 million

Hg Medical USA LLC - Performance Based Grant

Approval Date: Dec 12, 2023
Location: Holland
Project Investment: Up to $41.01 million
Projected Jobs: 180
Projected Award Amount: Up to $1.80 million

ATC Drivetrain, LLC - Performance Based Grant

Approval Date: Dec 12, 2023
Location: Holland
Project Investment: Up to $7.90 million
Projected Jobs: 163
Projected Award Amount: Up to $2.00 million

WK Kellogg Co - Performance Based Grant

Approval Date: Dec 12, 2023
Location: Battle Creek
Project Investment: Up to $44.00 million
Projected Jobs: 43
Projected Award Amount: Up to $5.00 million

Trinity Truck & Trailer Service, L.L.C. - Performance Based Grant

Approval Date: Dec 11, 2023
Location: Ithaca
Project Investment: Up to $6.75 million
Projected Jobs: 55
Projected Award Amount: Up to $192,500

Aspen Surgical Products, Inc. - Performance Based Grant

Approval Date: Dec 8, 2023
Location: Caledonia
Project Investment: Up to $5.05 million
Projected Jobs: 75
Projected Award Amount: Up to $600,000

Koops, Incorporated - Performance Based Grant

Approval Date: Dec 8, 2023
Location: Holland
Project Investment: Up to $3.01 million
Projected Jobs: 24
Projected Award Amount: Up to $250,000

Jing-Jin Electric North America LLC - Performance Based Grant

Approval Date: Dec 7, 2023
Location: Farmington Hills
Project Investment: Up to $16.50 million
Projected Jobs: 100
Projected Award Amount: Up to $1.00 million

LT Precision - Performance Based Grant

Approval Date: Nov 9, 2023
Location: Holland
Project Investment: Up to $43.20 million
Projected Jobs: 70
Projected Award Amount: Up to $700,000

Sunsation Starville Road llc - Performance Based Grant

Approval Date: Nov 8, 2023
Location: Cottrellville Twp.
Project Investment: Up to $7.77 million
Projected Jobs: 20
Projected Award Amount: Up to $350,000