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 17, 2024.

HOLO Footwear - Performance Based Grant

Approval Date: Jun 22, 2022
Location: Grand Rapids
Project Investment: Up to $1.50 million
Projected Jobs: 61
Projected Award Amount: Up to $250,000

Flo Services USA Inc. - Performance Based Grant

Approval Date: Jun 6, 2022
Location: Auburn Hills
Project Investment: Up to $3.06 million
Projected Jobs: 110
Projected Award Amount: Up to $800,000

JR Automation Technologies, LLC - Performance Based Grant

Approval Date: May 24, 2022
Location: Holland
Project Investment: Up to $9.90 million
Projected Jobs: 140
Projected Award Amount: Up to $2.25 million

Axiom Group Inc - Performance Based Grant

Approval Date: May 24, 2022
Location: Village of Capac
Project Investment: Up to $13.29 million
Projected Jobs: 200
Projected Award Amount: Up to $1.24 million

Coastal Container Corporation - Performance Based Grant

Approval Date: May 24, 2022
Location: Holland
Project Investment: Up to $22.00 million
Projected Jobs: 62
Projected Award Amount: Up to $264,000

American Recreational Products, LLC - Performance Based Grant

Approval Date: May 23, 2022
Location: Fenton
Project Investment: Up to $4.02 million
Projected Jobs: 59
Projected Award Amount: Up to $250,000

Hudsonville Creamery & Ice Cream Company, LLC - Performance Based Grant

Approval Date: May 17, 2022
Location: Holland
Project Investment: Up to $65.70 million
Projected Jobs: 76
Projected Award Amount: Up to $1.00 million

ACI Plastics - Performance Based Grant

Approval Date: Apr 29, 2022
Location: Flint
Project Investment: Up to $8.00 million
Projected Jobs: 24
Projected Award Amount: Up to $150,000

ATESTEO GmbH & Co. KG - Performance Based Grant

Approval Date: Apr 18, 2022
Location: East Lansing
Project Investment: Up to $27.81 million
Projected Jobs: 46
Projected Award Amount: Up to $400,000

Daejin Advanced Materials - Performance Based Grant

Approval Date: Mar 31, 2022
Location: Adrian
Project Investment: Up to $12.36 million
Projected Jobs: 111
Projected Award Amount: Up to $500,000

Duncan Aviation - Performance Based Grant

Approval Date: Mar 30, 2022
Location: Battle Creek
Project Investment: Up to $24.18 million
Projected Jobs: 61
Projected Award Amount: Up to $488,000

LG Energy Solution Michigan, Inc. - Performance Based Grant

Approval Date: Mar 22, 2022
Location: Holland
Project Investment: Up to $1,700.00 million
Projected Jobs: 1200
Projected Award Amount: Up to $10.00 million

Twisthink - Performance Based Grant

Approval Date: Mar 21, 2022
Location: Grand Rapids
Project Investment: Up to $2.29 million
Projected Jobs: 37
Projected Award Amount: Up to $300,000

BOS Automotive Products Inc. - Performance Based Grant

Approval Date: Mar 3, 2022
Location: Rochester Hills
Project Investment: Up to $1.15 million
Projected Jobs: 50
Projected Award Amount: Up to $225,000

UTAC - Performance Based Grant

Approval Date: Feb 28, 2022
Location: Redford Twp, MI
Project Investment: Up to $26.20 million
Projected Jobs: 85
Projected Award Amount: Up to $850,000

Triton Industries, Inc./Manitou - Performance Based Grant

Approval Date: Feb 28, 2022
Location: Lansing
Project Investment: Up to $11.97 million
Projected Jobs: 197
Projected Award Amount: Up to $689,500

Dana Incorporated - Performance Based Grant

Approval Date: Feb 22, 2022
Location: Novi
Project Investment: Up to $9.00 million
Projected Jobs: 150
Projected Award Amount: Up to $1.50 million

LM Manufacturing, LLC - Performance Based Grant

Approval Date: Feb 22, 2022
Location: Detroit
Project Investment: Up to $18.10 million
Projected Jobs: 390
Projected Award Amount: Up to $2.00 million

Aerostar Manufacturing - Performance Based Grant

Approval Date: Jan 6, 2022
Location: Romulus
Project Investment: Up to $8.68 million
Projected Jobs: 62
Projected Award Amount: Up to $200,000

Electrical Components International - Performance Based Grant

Approval Date: Jan 3, 2022
Location: Southfield
Project Investment: Up to $1.37 million
Projected Jobs: 57
Projected Award Amount: Up to $760,000