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
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.
Transformational Brownfield Plan
TBP affords developers the opportunity to capture a portion of specific incremental taxes generated from largescale transformational projects for a specified time period.
Brownfield Redevelopment (P.A. 381 of 1996)
Brownfield Programs help develop walkable communities with historical architecture, provide support for mixed-use developments, help activate public spaces, enrich arts and cultural amenities and more.
State Historic Preservation Tax Credits
The State Historic Preservation Tax Credit helps support place-based projects while promoting the preservation of Michigan’s historic resources.
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.