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 21, 2024.
BorgWarner, Inc. - Performance Based Grant
| Approval Date: | Mar 28, 2023 |
|---|---|
| Location: | Hazel Park |
| Project Investment: | Up to $20.60 million |
| Projected Jobs: | 186 |
| Projected Award Amount: | Up to $1.86 million |
Sonoco Protective Solutions - Performance Based Grant
| Approval Date: | Mar 9, 2023 |
|---|---|
| Location: | Owosso |
| Project Investment: | Up to $450,000 |
| Projected Jobs: | 27 |
| Projected Award Amount: | Up to $162,000 |
Frankenmuth Bavarian Inn Motor Lodge, Inc. - Performance Based Grant
| Approval Date: | Feb 23, 2023 |
|---|---|
| Location: | Frankenmuth |
| Project Investment: | Up to $80.00 million |
| Projected Jobs: | 71 |
| Projected Award Amount: | Up to $750,000 |
Flavorsum LLC - Performance Based Grant
| Approval Date: | Feb 21, 2023 |
|---|---|
| Location: | Kalamzoo |
| Project Investment: | Up to $10.00 million |
| Projected Jobs: | 0 |
| Projected Award Amount: | Up to $500,000 |
SMTAutomation LLC - Performance Based Grant
| Approval Date: | Feb 14, 2023 |
|---|---|
| Location: | Bruce Township |
| Project Investment: | Up to $7.20 million |
| Projected Jobs: | 60 |
| Projected Award Amount: | Up to $300,000 |
ABB, Inc. - Performance Based Grant
| Approval Date: | Jan 20, 2023 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $18.50 million |
| Projected Jobs: | 72 |
| Projected Award Amount: | Up to $450,000 |
Wheel.Me - Performance Based Grant
| Approval Date: | Jan 12, 2023 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $990,000 |
| Projected Jobs: | 40 |
| Projected Award Amount: | Up to $240,000 |
Miller Industries, LLC - Performance Based Grant
| Approval Date: | Jan 4, 2023 |
|---|---|
| Location: | Fenton |
| Project Investment: | Up to $11.00 million |
| Projected Jobs: | 115 |
| Projected Award Amount: | Up to $450,000 |
L&L Products - Performance Based Grant
| Approval Date: | Jan 3, 2023 |
|---|---|
| Location: | Romeo |
| Project Investment: | Up to $27.00 million |
| Projected Jobs: | 65 |
| Projected Award Amount: | Up to $450,000 |
UL Solutions Battery Lab - Performance Based Grant
| Approval Date: | Dec 13, 2022 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $72.70 million |
| Projected Jobs: | 61 |
| Projected Award Amount: | Up to $1.00 million |
A.G. Simpson (USA) Inc - Sterling South Location - Performance Based Grant
| Approval Date: | Dec 8, 2022 |
|---|---|
| Location: | Sterling Heights |
| Project Investment: | Up to $20.00 million |
| Projected Jobs: | 120 |
| Projected Award Amount: | Up to $900,000 |
HNTB Corporation - Performance Based Grant
| Approval Date: | Nov 3, 2022 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $922,203 |
| Projected Jobs: | 165 |
| Projected Award Amount: | Up to $1.00 million |
J. B. Poindexter Inc. - Performance Based Grant
| Approval Date: | Oct 28, 2022 |
|---|---|
| Location: | Ypsilanti Township |
| Project Investment: | Up to $3.79 million |
| Projected Jobs: | 75 |
| Projected Award Amount: | Up to $600,000 |
Mara Technologies USA - Performance Based Grant
| Approval Date: | Oct 27, 2022 |
|---|---|
| Location: | Grand Blanc Township |
| Project Investment: | Up to $20.75 million |
| Projected Jobs: | 298 |
| Projected Award Amount: | Up to $1.00 million |
Magna Powertrain Sterling Heights - Performance Based Grant
| Approval Date: | Oct 25, 2022 |
|---|---|
| Location: | Shelby Township |
| Project Investment: | Up to $96.18 million |
| Projected Jobs: | 159 |
| Projected Award Amount: | Up to $1.30 million |
Magna Seating of America Inc. - Performance Based Grant
| Approval Date: | Oct 25, 2022 |
|---|---|
| Location: | Highland Park |
| Project Investment: | Up to $3.77 million |
| Projected Jobs: | 490 |
| Projected Award Amount: | Up to $2.90 million |
Traverse City Whiskey Co. - Performance Based Grant
| Approval Date: | Sep 23, 2022 |
|---|---|
| Location: | Traverse City |
| Project Investment: | Up to $21.80 million |
| Projected Jobs: | 91 |
| Projected Award Amount: | Up to $750,000 |
Midwest Acoust-A-Fiber, Inc. - Performance Based Grant
| Approval Date: | Sep 16, 2022 |
|---|---|
| Location: | Shelby Township |
| Project Investment: | Up to $12.15 million |
| Projected Jobs: | 75 |
| Projected Award Amount: | Up to $375,000 |
Tecnoform S.p.A. - Performance Based Grant
| Approval Date: | Sep 13, 2022 |
|---|---|
| Location: | GRAND RAPIDS |
| Project Investment: | Up to $7.32 million |
| Projected Jobs: | 130 |
| Projected Award Amount: | Up to $750,000 |
SnackCraft - Performance Based Grant
| Approval Date: | Aug 29, 2022 |
|---|---|
| Location: | Kentwood |
| Project Investment: | Up to $41.75 million |
| Projected Jobs: | 185 |
| Projected Award Amount: | Up to $1.00 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