MichiganAdvantage.org

Expand Your Business

Funding / Incentives

In Michigan, companies get the Upper Hand with financing and incentive solutions that make sense for their bottom lines. We help companies grow in a very competitive 21st century global economy, through programs administered by the Michigan Economic Development Corporation (MEDC). These include:

  • help finding low interest loans such as the Capital Access Program (CAP)
  • identifying potential tax abatements
  • creative capture fund building options
  • help for commercialization in the life science, homeland security/defense, advanced manufacturing and alternative energy sectors.

Resource

We can help you identify which programs can best support your business's growth and expansion. Our business development managers work with a network of resources and local partners to locate your best options throughout the state. For more information, refer to our overview of MEDC programs and services or this detailed A-Z programs listing.

When you're ready to get the Upper Hand in Michigan, the MEDC can walk you through the right options for your company. Contact us.

Related News & Michigan Successes

State and local tax incentives totaling $24.4 million over 10 years have been offered to encourage Continental Automotive Systems Holding US to expand operations in Auburn Hills.

State and local tax credits helped convince company to expand in Michigan over a competing site in Ohio.

State tax credit valued at $298,559 over five years encourages company to expand in Michigan over a competing site in California. 

The automotive supplier of complete seat solutions and seat mechanisms plans to invest $18 million in a multi-product facility in Highland Park.
State and local tax credits helped win the project for Michigan over a competing site in Ohio.

The producer of plastics, metals and mechanical assemblies for the automotive industry plans to invest $42 million to acquire four former Meridian Automotive facilities located in Ionia, Fowlerville and two in Kentwood.