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 21, 2024.

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: Nov 27, 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

Walinga USA, Inc. - Performance Based Grant

Approval Date: Nov 8, 2023
Location: wayland
Project Investment: Up to $8.38 million
Projected Jobs: 31
Projected Award Amount: Up to $168,000

P&THE Manufacturing, LLC - Performance Based Grant

Approval Date: Nov 2, 2023
Location: Fruitport
Project Investment: Up to $2.61 million
Projected Jobs: 107
Projected Award Amount: Up to $428,000

Cascade Die Casting Group - Performance Based Grant

Approval Date: Oct 31, 2023
Location: Sparta
Project Investment: Up to $6.08 million
Projected Jobs: 30
Projected Award Amount: Up to $180,000

Beacon Recycling, Inc. - Performance Based Grant

Approval Date: Oct 31, 2023
Location: Muskegon
Project Investment: Up to $17.50 million
Projected Jobs: 36
Projected Award Amount: Up to $500,000

Calumet Electronics Corporation - Performance Based Grant

Approval Date: Oct 24, 2023
Location: Calumet
Project Investment: Up to $50.98 million
Projected Jobs: 0
Projected Award Amount: Up to $7.50 million

Altus Brands, LLC - Performance Based Grant

Approval Date: Oct 11, 2023
Location: GRAWN
Project Investment: Up to $2.75 million
Projected Jobs: 93
Projected Award Amount: Up to $575,000

FALK Panel - Performance Based Grant

Approval Date: Oct 4, 2023
Location: Walker
Project Investment: Up to $35.00 million
Projected Jobs: 45
Projected Award Amount: Up to $270,000

Nel Hydrogen - Performance Based Grant

Approval Date: Sep 26, 2023
Location: Plymouth
Project Investment: Up to $413.74 million
Projected Jobs: 517
Projected Award Amount: Up to $10.00 million

Samsung SDI America - Performance Based Grant

Approval Date: Sep 26, 2023
Location: Auburn Hills
Project Investment: Up to $41.00 million
Projected Jobs: 368
Projected Award Amount: Up to $5.00 million

Goyette Mechanical Company - Performance Based Grant

Approval Date: Sep 25, 2023
Location: Flint
Project Investment: Up to $8.80 million
Projected Jobs: 60
Projected Award Amount: Up to $500,000

Payload CMS - Performance Based Grant

Approval Date: Sep 18, 2023
Location: Grand Rapids
Project Investment: Up to $875,000
Projected Jobs: 55
Projected Award Amount: Up to $302,500

Carter Associates - Performance Based Grant

Approval Date: Sep 8, 2023
Location: Burr Oak
Project Investment: Up to $3.00 million
Projected Jobs: 20
Projected Award Amount: Up to $100,000

Zoetis Inc. - Performance Based Grant

Approval Date: Sep 5, 2023
Location: Kalamazoo
Project Investment: Up to $115.00 million
Projected Jobs: 59
Projected Award Amount: Up to $295,000

Molded Plastics Industries, LLC - Performance Based Grant

Approval Date: Aug 29, 2023
Location: Holt
Project Investment: Up to $6.80 million
Projected Jobs: 36
Projected Award Amount: Up to $125,000

Altus Industries II, Inc. - Performance Based Grant

Approval Date: Aug 28, 2023
Location: Kentwood
Project Investment: Up to $1.16 million
Projected Jobs: 27
Projected Award Amount: Up to $128,250

Stealth Enterprises LLC - Performance Based Grant

Approval Date: Aug 24, 2023
Location: Sturgis
Project Investment: Up to $874,614
Projected Jobs: 50
Projected Award Amount: Up to $200,000