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 Apr 13, 2025.
Medbio, Inc. - Performance Based Grant
| Approval Date: | Jul 11, 2018 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $3.53 million |
| Projected Jobs: | 43 |
| Projected Award Amount: | Up to $54,419 |
Quality Roasting, LLC - HQ - Performance Based Grant
| Approval Date: | Jun 29, 2018 |
|---|---|
| Location: | Reese |
| Project Investment: | Up to $10.00 million |
| Projected Jobs: | 15 |
| Projected Award Amount: | Up to $80,000 |
JR Automation Technologies, LLC - Performance Based Grant
| Approval Date: | Jun 28, 2018 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $4.00 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $400,000 |
Stryker Corporation Medical Division - Performance Based Grant
| Approval Date: | Jun 26, 2018 |
|---|---|
| Location: | Portage |
| Project Investment: | Up to $109.79 million |
| Projected Jobs: | 260 |
| Projected Award Amount: | Up to $2.60 million |
Actia Corporation - Performance Based Grant
| Approval Date: | Jun 13, 2018 |
|---|---|
| Location: | Romulus |
| Project Investment: | Up to $18.50 million |
| Projected Jobs: | 151 |
| Projected Award Amount: | Up to $248,300 |
International Wheel & Tire - Performance Based Grant
| Approval Date: | Jun 5, 2018 |
|---|---|
| Location: | Farmington Hills |
| Project Investment: | Up to $4.28 million |
| Projected Jobs: | 30 |
| Projected Award Amount: | Up to $270,000 |
Ventra Ionia Main, LLC - Performance Based Grant
| Approval Date: | May 17, 2018 |
|---|---|
| Location: | Ionia |
| Project Investment: | Up to $4.85 million |
| Projected Jobs: | 109 |
| Projected Award Amount: | Up to $600,000 |
Almond Products, Inc. - Performance Based Grant
| Approval Date: | May 10, 2018 |
|---|---|
| Location: | Spring Lake |
| Project Investment: | Up to $5.30 million |
| Projected Jobs: | 52 |
| Projected Award Amount: | Up to $612,000 |
Syncreon America Inc. - Performance Based Grant
| Approval Date: | May 9, 2018 |
|---|---|
| Location: | Temperance |
| Project Investment: | Up to $300,000 |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $430,000 |
HNTB Corporation - Performance Based Grant
| Approval Date: | May 7, 2018 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $483,000 |
| Projected Jobs: | 28 |
| Projected Award Amount: | Up to $112,000 |
PlaneWave Instruments - Performance Based Grant
| Approval Date: | Apr 27, 2018 |
|---|---|
| Location: | Adrian |
| Project Investment: | Up to $9.47 million |
| Projected Jobs: | 54 |
| Projected Award Amount: | Up to $400,000 |
Plastic Trim International, Inc. - Performance Based Grant
| Approval Date: | Apr 24, 2018 |
|---|---|
| Location: | East Tawas |
| Project Investment: | Up to $16.10 million |
| Projected Jobs: | 210 |
| Projected Award Amount: | Up to $1.58 million |
Open Dealer Exchange, LLC - Performance Based Grant
| Approval Date: | Apr 19, 2018 |
|---|---|
| Location: | Farmington Hills |
| Project Investment: | Up to $3.91 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $350,000 |
Manthei Wood Products - Performance Based Grant
| Approval Date: | Apr 11, 2018 |
|---|---|
| Location: | Petoskey |
| Project Investment: | Up to $9.10 million |
| Projected Jobs: | 35 |
| Projected Award Amount: | Up to $280,000 |
Saint-Gobain Performance Plastics Corporation - Performance Based Grant
| Approval Date: | Apr 4, 2018 |
|---|---|
| Location: | Beaverton |
| Project Investment: | Up to $10.64 million |
| Projected Jobs: | 88 |
| Projected Award Amount: | Up to $396,000 |
Nexient - Performance Based Grant
| Approval Date: | Mar 27, 2018 |
|---|---|
| Location: | Ann Arbor |
| Project Investment: | Up to $4.17 million |
| Projected Jobs: | 300 |
| Projected Award Amount: | Up to $750,000 |
Kember Flooring, Inc. - Performance Based Grant
| Approval Date: | Mar 23, 2018 |
|---|---|
| Location: | Beaverton |
| Project Investment: | Up to $5.00 million |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $200,000 |
Infineon Technologies Corporation - Performance Based Grant
| Approval Date: | Mar 23, 2018 |
|---|---|
| Location: | Livonia |
| Project Investment: | Up to $1.55 million |
| Projected Jobs: | 0 |
| Projected Award Amount: | Up to $200,000 |
JR Automation (Esys Division - Auburn Hills) - Performance Based Grant
| Approval Date: | Mar 16, 2018 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $15.87 million |
| Projected Jobs: | 104 |
| Projected Award Amount: | Up to $832,000 |
Foremost Farms USA Cooperative - Performance Based Grant
| Approval Date: | Mar 14, 2018 |
|---|---|
| Location: | Greenville |
| Project Investment: | Up to $57.95 million |
| Projected Jobs: | 110 |
| Projected Award Amount: | Up to $412,500 |
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
