Incentives and Taxes
Competitive and Personal
Incentive Programs
MEDC offers highly competitive, performance-based incentives that are designed to assist existing or growing companies with business expansion or relocation plans in Michigan.
Flagship Incentive Programs
Michigan Business Development Program
MBDP is designed to provide grants, loans or other economic assistance to businesses for highly competitive projects in Michigan that create jobs and/or provide investment.
Strategic Site Readiness Program
SSRP provides financial incentives to eligible applicants to conduct eligible activities on, or related to, strategic sites in Michigan for the purpose of creating investment-ready sites to attract and promote investment in Michigan.
New Jobs Training Program
NJTP authorizes community colleges to create a training pool to support employers that are creating new jobs and/or expanding operations in Michigan.
Our Incentive Programs
Michigan Business Development Program
MBDP is designed to provide grants, loans or other economic assistance to businesses for highly competitive projects in Michigan that create jobs and/or provide investment.
Critical Industry Program
CIP provides qualified investments for deal-closing, gap financing, or other economic assistance to create or retain qualified jobs as a result of a technological shift in product, production, or to make capital investments in Michigan.
New Jobs Training Program
MNJTP authorizes community colleges to create a training pool to support employers that are creating new jobs and/or expanding operations in Michigan.
Ready to get started?
MEDC is eager to support businesses growing and investing in Michigan. Our customer portal makes it easy to share project details and determine what assistance you may be eligible for. Inquire today to get started.
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Michigan's Site Selection Database
Learn more about available buildings and property sites throughout Michigan in our site selection real estate database. Research community information, demographic data and more to help you plan your future business success.