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 Nov 22, 2024.
KLA Corporation - Performance Based Grant
| Approval Date: | Jun 25, 2019 |
|---|---|
| Location: | Ann Arbor |
| Project Investment: | Up to $217.83 million |
| Projected Jobs: | 600 |
| Projected Award Amount: | Up to $2.50 million |
BorgWarner - Akasol Incorporated - Performance Based Grant
| Approval Date: | Jun 25, 2019 |
|---|---|
| Location: | Hazel Park |
| Project Investment: | Up to $40.38 million |
| Projected Jobs: | 224 |
| Projected Award Amount: | Up to $900,000 |
American Chemical Solutions LLC - Performance Based Grant
| Approval Date: | Jun 24, 2019 |
|---|---|
| Location: | Muskegon |
| Project Investment: | Up to $15.00 million |
| Projected Jobs: | 38 |
| Projected Award Amount: | Up to $200,000 |
Multimatic Engineering - Performance Based Grant
| Approval Date: | May 30, 2019 |
|---|---|
| Location: | Southfield |
| Project Investment: | Up to $7.87 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $603,500 |
Stellantis - Performance Based Grant
| Approval Date: | May 21, 2019 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $1,614.06 million |
| Projected Jobs: | 3850 |
| Projected Award Amount: | Up to $10.00 million |
Webasto Roof Systems Inc. - Performance Based Grant
| Approval Date: | Apr 23, 2019 |
|---|---|
| Location: | Plymouth Township |
| Project Investment: | Up to $47.92 million |
| Projected Jobs: | 441 |
| Projected Award Amount: | Up to $2.70 million |
ERAE AMS Co., Ltd. - Performance Based Grant
| Approval Date: | Mar 8, 2019 |
|---|---|
| Location: | Pontiac |
| Project Investment: | Up to $17.05 million |
| Projected Jobs: | 137 |
| Projected Award Amount: | Up to $685,000 |
Concord Tool & Manufacturing, Inc. - Performance Based Grant
| Approval Date: | Mar 8, 2019 |
|---|---|
| Location: | Mount Clemens |
| Project Investment: | Up to $8.81 million |
| Projected Jobs: | 75 |
| Projected Award Amount: | Up to $300,000 |
Ventra Evart, LLC - Performance Based Grant
| Approval Date: | Mar 8, 2019 |
|---|---|
| Location: | Evart |
| Project Investment: | Up to $3.75 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $350,000 |
Miniature Custom Manufacturing - Performance Based Grant
| Approval Date: | Feb 20, 2019 |
|---|---|
| Location: | Vicksburg |
| Project Investment: | Up to $3.00 million |
| Projected Jobs: | 37 |
| Projected Award Amount: | Up to $175,000 |
BISSELL, Inc. - Performance Based Grant
| Approval Date: | Jan 24, 2019 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $10.00 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $500,000 |
Amazon - Performance Based Grant
| Approval Date: | Jan 22, 2019 |
|---|---|
| Location: | Caledonia |
| Project Investment: | Up to $150.00 million |
| Projected Jobs: | 1000 |
| Projected Award Amount: | Up to $4.00 million |
Emabond Solutions - Performance Based Grant
| Approval Date: | Jan 11, 2019 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $842,000 |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $153,000 |
Waupaca Foundry - Performance Based Grant
| Approval Date: | Dec 18, 2018 |
|---|---|
| Location: | Ironwood |
| Project Investment: | Up to $4.30 million |
| Projected Jobs: | 61 |
| Projected Award Amount: | Up to $1.20 million |
My Locker - Performance Based Grant
| Approval Date: | Dec 18, 2018 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $18.06 million |
| Projected Jobs: | 452 |
| Projected Award Amount: | Up to $2.50 million |
DeWys Metal Solutions, Inc. - Performance Based Grant
| Approval Date: | Dec 13, 2018 |
|---|---|
| Location: | Marne |
| Project Investment: | Up to $7.00 million |
| Projected Jobs: | 41 |
| Projected Award Amount: | Up to $267,000 |
Shannon Precision Fastener, LLC - Performance Based Grant
| Approval Date: | Dec 10, 2018 |
|---|---|
| Location: | Holly |
| Project Investment: | Up to $34.50 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $700,000 |
Allegiant Air, LLC - Performance Based Grant
| Approval Date: | Dec 7, 2018 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $42.84 million |
| Projected Jobs: | 66 |
| Projected Award Amount: | Up to $200,000 |
Technosoft Corporation - Performance Based Grant
| Approval Date: | Nov 30, 2018 |
|---|---|
| Location: | Southfield |
| Project Investment: | Up to $878,000 |
| Projected Jobs: | 104 |
| Projected Award Amount: | Up to $265,000 |
Spartan Michigan, LLC - Performance Based Grant
| Approval Date: | Nov 27, 2018 |
|---|---|
| Location: | Saint Johns |
| Project Investment: | Up to $425.00 million |
| Projected Jobs: | 259 |
| Projected Award Amount: | Up to $2.00 million |
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