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 17, 2024.
Lenderful LLC - Performance Based Grant
| Approval Date: | Oct 19, 2016 |
|---|---|
| Location: | Pontiac |
| Project Investment: | Up to $1.75 million |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $100,000 |
Vickers Engineering, Inc. - Performance Based Grant
| Approval Date: | Oct 10, 2016 |
|---|---|
| Location: | New Troy |
| Project Investment: | Up to $5.10 million |
| Projected Jobs: | 53 |
| Projected Award Amount: | Up to $160,000 |
Flex-N-Gate Battle Creek LLC - Performance Based Grant
| Approval Date: | Sep 29, 2016 |
|---|---|
| Location: | Battle Creek |
| Project Investment: | Up to $22.30 million |
| Projected Jobs: | 59 |
| Projected Award Amount: | Up to $250,000 |
Stellantis - Performance Based Grant
| Approval Date: | Sep 27, 2016 |
|---|---|
| Location: | Sterling Heights |
| Project Investment: | Up to $1,486.44 million |
| Projected Jobs: | 700 |
| Projected Award Amount: | Up to $4.56 million |
Oerlikon Metco USA, Inc. - Performance Based Grant
| Approval Date: | Sep 21, 2016 |
|---|---|
| Location: | Plymouth |
| Project Investment: | Up to $49.70 million |
| Projected Jobs: | 67 |
| Projected Award Amount: | Up to $600,000 |
The Oakwood Group - Performance Based Grant
| Approval Date: | Sep 1, 2016 |
|---|---|
| Location: | Taylor |
| Project Investment: | Up to $5.21 million |
| Projected Jobs: | 53 |
| Projected Award Amount: | Up to $200,000 |
Martinrea International Inc - Performance Based Grant
| Approval Date: | Aug 26, 2016 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $5.12 million |
| Projected Jobs: | 60 |
| Projected Award Amount: | Up to $420,000 |
GE Aviation Muskegon - Performance Based Grant
| Approval Date: | Aug 23, 2016 |
|---|---|
| Location: | Muskegon |
| Project Investment: | Up to $14.48 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $800,000 |
Inteva Products - Performance Based Grant
| Approval Date: | Aug 23, 2016 |
|---|---|
| Location: | Adrian |
| Project Investment: | Up to $23.30 million |
| Projected Jobs: | 127 |
| Projected Award Amount: | Up to $1.27 million |
BorgWarner, Inc. - Performance Based Grant
| Approval Date: | Aug 22, 2016 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $15.55 million |
| Projected Jobs: | 76 |
| Projected Award Amount: | Up to $750,000 |
Koops, Incorporated - Performance Based Grant
| Approval Date: | Aug 15, 2016 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $4.89 million |
| Projected Jobs: | 120 |
| Projected Award Amount: | Up to $720,000 |
National Composites LLC fka Owosso Composite, LLC - Performance Based Grant
| Approval Date: | Jul 21, 2016 |
|---|---|
| Location: | Owosso |
| Project Investment: | Up to $1.40 million |
| Projected Jobs: | 76 |
| Projected Award Amount: | Up to $275,000 |
124 Grand Holdings, DBA Stikwood - Performance Based Grant
| Approval Date: | Jul 15, 2016 |
|---|---|
| Location: | Kentwood |
| Project Investment: | Up to $4.18 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $273,000 |
Daifuku North America Holding Company - Performance Based Grant
| Approval Date: | Jul 12, 2016 |
|---|---|
| Location: | Novi |
| Project Investment: | Up to $15.15 million |
| Projected Jobs: | 85 |
| Projected Award Amount: | Up to $700,000 |
JR Automation Technologies, LLC - Performance Based Grant
| Approval Date: | Jun 28, 2016 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $5.65 million |
| Projected Jobs: | 250 |
| Projected Award Amount: | Up to $2.20 million |
Mitchell Plastics - Performance Based Grant
| Approval Date: | Jun 28, 2016 |
|---|---|
| Location: | Sterling Heights |
| Project Investment: | Up to $20.56 million |
| Projected Jobs: | 122 |
| Projected Award Amount: | Up to $427,000 |
TecNiq - Performance Based Grant
| Approval Date: | Jun 10, 2016 |
|---|---|
| Location: | Galesburg |
| Project Investment: | Up to $5.93 million |
| Projected Jobs: | 120 |
| Projected Award Amount: | Up to $337,500 |
Denso Manufacturing Michigan, Inc. - Performance Based Grant
| Approval Date: | Jun 8, 2016 |
|---|---|
| Location: | Battle Creek |
| Project Investment: | Up to $37.29 million |
| Projected Jobs: | 125 |
| Projected Award Amount: | Up to $686,500 |
TREMEC - Performance Based Grant
| Approval Date: | May 25, 2016 |
|---|---|
| Location: | Wixom |
| Project Investment: | Up to $53.74 million |
| Projected Jobs: | 133 |
| Projected Award Amount: | Up to $731,500 |
Unique Instruments, Inc. dba Orchid Bridgeport - Performance Based Grant
| Approval Date: | May 25, 2016 |
|---|---|
| Location: | Bridgeport |
| Project Investment: | Up to $5.00 million |
| Projected Jobs: | 30 |
| Projected Award Amount: | Up to $105,000 |
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