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 Mar 27, 2024.
Flex-N-Gate Troy LLC - Performance Based Grant
Approval Date: | May 20, 2021 |
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Location: | Troy |
Project Investment: | Up to $52.20 million |
Projected Jobs: | 245 |
Projected Award Amount: | Up to $1.00 million |
Speedrack Products Group, Ltd. - Performance Based Grant
Approval Date: | May 19, 2021 |
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Location: | Grand Rapids |
Project Investment: | Up to $64.57 million |
Projected Jobs: | 164 |
Projected Award Amount: | Up to $820,000 |
EOTech - Performance Based Grant
Approval Date: | Apr 30, 2021 |
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Location: | Traverse City |
Project Investment: | Up to $9.62 million |
Projected Jobs: | 165 |
Projected Award Amount: | Up to $650,000 |
DCS Corp - Performance Based Grant
Approval Date: | Mar 31, 2021 |
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Location: | Sterling Heights |
Project Investment: | Up to $4.38 million |
Projected Jobs: | 92 |
Projected Award Amount: | Up to $500,000 |
Special-Lite, Inc. - Performance Based Grant
Approval Date: | Mar 5, 2021 |
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Location: | Benton Harbor |
Project Investment: | Up to $2.38 million |
Projected Jobs: | 61 |
Projected Award Amount: | Up to $300,000 |
Goyette Mechanical Company - Performance Based Grant
Approval Date: | Mar 1, 2021 |
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Location: | Flint |
Project Investment: | Up to $4.65 million |
Projected Jobs: | 90 |
Projected Award Amount: | Up to $675,000 |
Magna Electric Vehicle Structures – Michigan, Inc. - Performance Based Grant
Approval Date: | Feb 23, 2021 |
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Location: | St. Clair |
Project Investment: | Up to $496.70 million |
Projected Jobs: | 1224 |
Projected Award Amount: | Up to $7.50 million |
Lordstown Motors Corporation - Performance Based Grant
Approval Date: | Feb 2, 2021 |
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Location: | Farmington Hills |
Project Investment: | Up to $3.68 million |
Projected Jobs: | 141 |
Projected Award Amount: | Up to $1.00 million |
Navitas Advanced Solutions Group - Performance Based Grant
Approval Date: | Jan 22, 2021 |
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Location: | Ann Arbor |
Project Investment: | Up to $3.36 million |
Projected Jobs: | 111 |
Projected Award Amount: | Up to $750,000 |
A.G. Simpson (USA) Inc - Sterling South Location - Performance Based Grant
Approval Date: | Dec 15, 2020 |
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Location: | Sterling Heights, MI |
Project Investment: | Up to $5.00 million |
Projected Jobs: | 100 |
Projected Award Amount: | Up to $850,000 |
L. Perrigo Company-HQ - Performance Based Grant
Approval Date: | Oct 27, 2020 |
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Location: | Grand Rapids |
Project Investment: | Up to $18.42 million |
Projected Jobs: | 170 |
Projected Award Amount: | Up to $2.00 million |
The Kroger Co - Performance Based Grant
Approval Date: | Oct 27, 2020 |
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Location: | Romulus |
Project Investment: | Up to $94.00 million |
Projected Jobs: | 270 |
Projected Award Amount: | Up to $1.60 million |
Wacker Chemical Corporation - Performance Based Grant
Approval Date: | Sep 18, 2020 |
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Location: | Ann Arbor |
Project Investment: | Up to $51.00 million |
Projected Jobs: | 70 |
Projected Award Amount: | Up to $1.00 million |
Bridgewater Interiors - Performance Based Grant
Approval Date: | Jul 28, 2020 |
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Location: | Lansing |
Project Investment: | Up to $15.85 million |
Projected Jobs: | 400 |
Projected Award Amount: | Up to $2.00 million |
May Mobility - Performance Based Grant
Approval Date: | Jul 22, 2020 |
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Location: | Ann Arbor |
Project Investment: | Up to $11.80 million |
Projected Jobs: | 100 |
Projected Award Amount: | Up to $700,000 |
Magna Seating of America Inc. - Performance Based Grant
Approval Date: | Jun 23, 2020 |
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Location: | Highland Park |
Project Investment: | Up to $35.43 million |
Projected Jobs: | 480 |
Projected Award Amount: | Up to $2.17 million |
Heidtman Steel Products - Performance Based Grant
Approval Date: | Jun 1, 2020 |
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Location: | Erie |
Project Investment: | Up to $9.10 million |
Projected Jobs: | 65 |
Projected Award Amount: | Up to $325,000 |
Navistar International Corporation - Performance Based Grant
Approval Date: | Apr 30, 2020 |
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Location: | Rochester Hills |
Project Investment: | Up to $4.17 million |
Projected Jobs: | 50 |
Projected Award Amount: | Up to $500,000 |
Lineage Logistics LLC - HQ - Performance Based Grant
Approval Date: | Apr 27, 2020 |
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Location: | Novi |
Project Investment: | Up to $6.95 million |
Projected Jobs: | 50 |
Projected Award Amount: | Up to $250,000 |
Niles Industrial Coatings - Performance Based Grant
Approval Date: | Apr 23, 2020 |
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Location: | Fenton |
Project Investment: | Up to $1.50 million |
Projected Jobs: | 187 |
Projected Award Amount: | Up to $800,000 |
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