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 Jun 29, 2024.
SJS Electric VDC - Performance Based Grant
| Approval Date: | May 22, 2024 |
|---|---|
| Location: | Battle Creek |
| Project Investment: | Up to $762,040 |
| Projected Jobs: | 60 |
| Projected Award Amount: | Up to $350,000 |
dSPACE Inc., New Hudson - Performance Based Grant
| Approval Date: | May 1, 2024 |
|---|---|
| Location: | Wixom |
| Project Investment: | Up to $3.10 million |
| Projected Jobs: | 51 |
| Projected Award Amount: | Up to $408,000 |
Barron Industries, Inc. - Performance Based Grant
| Approval Date: | Apr 15, 2024 |
|---|---|
| Location: | Oxford |
| Project Investment: | Up to $9.16 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $900,000 |
Alticor, Inc. dba Amway - Performance Based Grant
| Approval Date: | Mar 26, 2024 |
|---|---|
| Location: | Ada |
| Project Investment: | Up to $127.60 million |
| Projected Jobs: | 260 |
| Projected Award Amount: | Up to $2.00 million |
Skill Real LTD - Performance Based Grant
| Approval Date: | Mar 22, 2024 |
|---|---|
| Location: | Livonia |
| Project Investment: | Up to $420,000 |
| Projected Jobs: | 20 |
| Projected Award Amount: | Up to $420,000 |
Future Technologies, Inc. - Performance Based Grant
| Approval Date: | Feb 29, 2024 |
|---|---|
| Location: | Bay City |
| Project Investment: | Up to $1.06 million |
| Projected Jobs: | 10 |
| Projected Award Amount: | Up to $125,000 |
Celia Corporation - Performance Based Grant
| Approval Date: | Feb 28, 2024 |
|---|---|
| Location: | Sparta |
| Project Investment: | Up to $6.90 million |
| Projected Jobs: | 52 |
| Projected Award Amount: | Up to $300,000 |
Paramelt - Muskegon dba M. Argueso & Company - Performance Based Grant
| Approval Date: | Feb 27, 2024 |
|---|---|
| Location: | Norton Shores |
| Project Investment: | Up to $33.00 million |
| Projected Jobs: | 20 |
| Projected Award Amount: | Up to $160,000 |
Paslin Company - Performance Based Grant
| Approval Date: | Feb 26, 2024 |
|---|---|
| Location: | Warren |
| Project Investment: | Up to $12.30 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $1.00 million |
Quantum Fuel Systems - Performance Based Grant
| Approval Date: | Feb 14, 2024 |
|---|---|
| Location: | WIXOM |
| Project Investment: | Up to $22.50 million |
| Projected Jobs: | 87 |
| Projected Award Amount: | Up to $870,000 |
SAVIC Technologies - Performance Based Grant
| Approval Date: | Feb 12, 2024 |
|---|---|
| Location: | Troy |
| Project Investment: | Up to $1.29 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $600,000 |
Uniform Color Company - Performance Based Grant
| Approval Date: | Feb 12, 2024 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $12.06 million |
| Projected Jobs: | 13 |
| Projected Award Amount: | Up to $195,000 |
Creative Composites, Inc. - Performance Based Grant
| Approval Date: | Feb 9, 2024 |
|---|---|
| Location: | RAPID RIVER |
| Project Investment: | Up to $960,000 |
| Projected Jobs: | 17 |
| Projected Award Amount: | Up to $135,000 |
MINO Automation USA INC. - Performance Based Grant
| Approval Date: | Jan 31, 2024 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $10.44 million |
| Projected Jobs: | 30 |
| Projected Award Amount: | Up to $500,000 |
Ludus LLC - Performance Based Grant
| Approval Date: | Jan 29, 2024 |
|---|---|
| Location: | TBD |
| Project Investment: | Up to $310,000 |
| Projected Jobs: | 34 |
| Projected Award Amount: | Up to $140,000 |
SnackCraft - Performance Based Grant
| Approval Date: | Jan 26, 2024 |
|---|---|
| Location: | Kentwood |
| Project Investment: | Up to $29.90 million |
| Projected Jobs: | 37 |
| Projected Award Amount: | Up to $400,000 |
G-M Wood Products, Inc. - Performance Based Grant
| Approval Date: | Jan 26, 2024 |
|---|---|
| Location: | Newaygo |
| Project Investment: | Up to $8.68 million |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $137,500 |
B&L Systems, dba Fifth Wheel Freight - Performance Based Grant
| Approval Date: | Jan 23, 2024 |
|---|---|
| Location: | Kentwood |
| Project Investment: | Up to $1.50 million |
| Projected Jobs: | 352 |
| Projected Award Amount: | Up to $2.00 million |
Magline, Incorporated - Performance Based Grant
| Approval Date: | Dec 19, 2023 |
|---|---|
| Location: | Standish |
| Project Investment: | Up to $875,000 |
| Projected Jobs: | 10 |
| Projected Award Amount: | Up to $100,000 |
Attwood Corporation - Performance Based Grant
| Approval Date: | Dec 14, 2023 |
|---|---|
| Location: | Lowell |
| Project Investment: | Up to $32.70 million |
| Projected Jobs: | 80 |
| Projected Award Amount: | Up to $480,000 |
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