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 22, 2024.

Fraud Sniffr, Inc - Performance Based Grant

Approval Date: Aug 24, 2023
Location: Grand Haven
Project Investment: Up to $585,000
Projected Jobs: 45
Projected Award Amount: Up to $225,000

OP Mobility (Plastic Omnium) - Performance Based Grant

Approval Date: Aug 22, 2023
Location: Grand Blanc Township
Project Investment: Up to $171.25 million
Projected Jobs: 175
Projected Award Amount: Up to $5.00 million

Visioneering - Performance Based Grant

Approval Date: Aug 16, 2023
Location: Auburn Hills
Project Investment: Up to $25.00 million
Projected Jobs: 238
Projected Award Amount: Up to $880,000

Madsen Steel Wire Products, LLC - Performance Based Grant

Approval Date: Aug 2, 2023
Location: Bronson
Project Investment: Up to $6.90 million
Projected Jobs: 70
Projected Award Amount: Up to $552,000

Bandit Industries, Inc. - Performance Based Grant

Approval Date: Jul 31, 2023
Location: Mt. Pleasant
Project Investment: Up to $1.50 million
Projected Jobs: 80
Projected Award Amount: Up to $360,000

Big Rapids Products - Performance Based Grant

Approval Date: Jul 26, 2023
Location: Big Rapids
Project Investment: Up to $3.05 million
Projected Jobs: 60
Projected Award Amount: Up to $480,000

Cabinetworks Group Michigan LLC. - Performance Based Grant

Approval Date: Jul 25, 2023
Location: Livonia
Project Investment: Up to $14.26 million
Projected Jobs: 110
Projected Award Amount: Up to $600,000

Magna Seating of America - Performance Based Grant

Approval Date: Jul 25, 2023
Location: Auburn Hills
Project Investment: Up to $105.17 million
Projected Jobs: 532
Projected Award Amount: Up to $4.25 million

Bollinger Motors - Performance Based Grant

Approval Date: Jul 25, 2023
Location: Oak Park
Project Investment: Up to $44.00 million
Projected Jobs: 237
Projected Award Amount: Up to $3.00 million

Luxwall, Inc - Performance Based Grant

Approval Date: Jul 25, 2023
Location: Detroit
Project Investment: Up to $165.68 million
Projected Jobs: 453
Projected Award Amount: Up to $6.00 million

Vantage Plastics - Performance Based Grant

Approval Date: Jul 25, 2023
Location: Bay City
Project Investment: Up to $30.95 million
Projected Jobs: 93
Projected Award Amount: Up to $1.20 million

AAR Mobility Systems - Performance Based Grant

Approval Date: Jul 18, 2023
Location: Cadillac, MI
Project Investment: Up to $14.00 million
Projected Jobs: 41
Projected Award Amount: Up to $500,000

Fabric Building Covers USA, Inc - Performance Based Grant

Approval Date: Jul 17, 2023
Location: Hudsonville
Project Investment: Up to $1.54 million
Projected Jobs: 21
Projected Award Amount: Up to $117,600

AKWEL (AVON Automotive Holding Inc.) - Performance Based Grant

Approval Date: Jul 6, 2023
Location: Cadillac
Project Investment: Up to $1.40 million
Projected Jobs: 12
Projected Award Amount: Up to $72,000

Expleo Group GmbH - Performance Based Grant

Approval Date: Jun 27, 2023
Location: Troy
Project Investment: Up to $2.01 million
Projected Jobs: 196
Projected Award Amount: Up to $3.00 million

Howies Hockey Tape - Performance Based Grant

Approval Date: Jun 27, 2023
Location: Caledonia
Project Investment: Up to $6.00 million
Projected Jobs: 45
Projected Award Amount: Up to $270,000

DESign Group USA - Performance Based Grant

Approval Date: Jun 15, 2023
Location: New Hudson
Project Investment: Up to $19.00 million
Projected Jobs: 45
Projected Award Amount: Up to $466,650

Hanon Systems USA, LLC - Performance Based Grant

Approval Date: Jun 12, 2023
Location: Novi
Project Investment: Up to $7.24 million
Projected Jobs: 82
Projected Award Amount: Up to $635,000

K2 Services - Performance Based Grant

Approval Date: Jun 9, 2023
Location: Southfield
Project Investment: Up to $712,000
Projected Jobs: 89
Projected Award Amount: Up to $534,000

Mersen USA Bn Corp. - Performance Based Grant

Approval Date: Jun 7, 2023
Location: Bay City
Project Investment: Up to $81.25 million
Projected Jobs: 115
Projected Award Amount: Up to $1.00 million