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 Jun 19, 2025.

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

Wright & Johnson dba Highfield Boats - Performance Based Grant

Approval Date: Oct 11, 2024
Location: Cadillac
Project Investment: Up to $3.15 million
Projected Jobs: 78
Projected Award Amount: Up to $1.40 million

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

Laepple Automotive US Inc - Performance Based Grant

Approval Date: Sep 24, 2024
Location: Detroit
Project Investment: Up to $93.40 million
Projected Jobs: 173
Projected Award Amount: Up to $3.50 million

Robert Bosch LLC - Performance Based Grant

Approval Date: Sep 13, 2024
Location: Farmington Hills
Project Investment: Up to $13.77 million
Projected Jobs: 28
Projected Award Amount: Up to $500,000

J.M. Longyear Manufacturing, LLC - Performance Based Grant

Approval Date: Sep 5, 2024
Location: Marquette
Project Investment: Up to $12.95 million
Projected Jobs: 40
Projected Award Amount: Up to $500,000

Northland Corporation (AGA Marvel) - Performance Based Grant

Approval Date: Aug 27, 2024
Location: Greenville
Project Investment: Up to $21.40 million
Projected Jobs: 200
Projected Award Amount: Up to $1.28 million

Precision Hardwoods, Inc. - Performance Based Grant

Approval Date: Jul 24, 2024
Location: Onaway
Project Investment: Up to $11.96 million
Projected Jobs: 18
Projected Award Amount: Up to $130,000

Cambium Enterprises, LLC - Performance Based Grant

Approval Date: Jul 23, 2024
Location: Traverse City
Project Investment: Up to $1.19 million
Projected Jobs: 34
Projected Award Amount: Up to $200,000

Gentex Corporation - Performance Based Grant

Approval Date: Jul 23, 2024
Location: Zeeland
Project Investment: Up to $300.00 million
Projected Jobs: 500
Projected Award Amount: Up to $5.50 million

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

DEKRA - Performance Based Grant

Approval Date: Jun 21, 2024
Location: Plymouth
Project Investment: Up to $22.80 million
Projected Jobs: 18
Projected Award Amount: Up to $180,000

HL Mechatronics (Mando American Corp.) - Performance Based Grant

Approval Date: May 16, 2024
Location: Auburn
Project Investment: Up to $8.50 million
Projected Jobs: 43
Projected Award Amount: Up to $473,000

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