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 Mar 28, 2024.
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 |
SAVIC Technologies - Performance Based Grant
Approval Date: | Feb 28, 2024 |
---|---|
Location: | Troy |
Project Investment: | Up to $1.29 million |
Projected Jobs: | 100 |
Projected Award Amount: | Up to $600,000 |
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 |
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 |
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 |
Gielow Pickles, Inc. (current) - Performance Based Grant
Approval Date: | Dec 12, 2023 |
---|---|
Location: | Lexington |
Project Investment: | Up to $10.00 million |
Projected Jobs: | 100 |
Projected Award Amount: | Up to $1.00 million |
Hg Medical USA LLC - Performance Based Grant
Approval Date: | Dec 12, 2023 |
---|---|
Location: | Holland |
Project Investment: | Up to $41.01 million |
Projected Jobs: | 180 |
Projected Award Amount: | Up to $1.80 million |
ATC Drivetrain, LLC - Performance Based Grant
Approval Date: | Dec 12, 2023 |
---|---|
Location: | Holland |
Project Investment: | Up to $7.90 million |
Projected Jobs: | 163 |
Projected Award Amount: | Up to $2.00 million |
Trinity Truck & Trailer Service, L.L.C. - Performance Based Grant
Approval Date: | Dec 11, 2023 |
---|---|
Location: | Ithaca |
Project Investment: | Up to $6.75 million |
Projected Jobs: | 55 |
Projected Award Amount: | Up to $192,500 |
Koops, Incorporated - Performance Based Grant
Approval Date: | Dec 8, 2023 |
---|---|
Location: | Holland |
Project Investment: | Up to $3.01 million |
Projected Jobs: | 24 |
Projected Award Amount: | Up to $250,000 |
Jing-Jin Electric North America LLC - Performance Based Grant
Approval Date: | Dec 7, 2023 |
---|---|
Location: | Farmington Hills |
Project Investment: | Up to $16.50 million |
Projected Jobs: | 100 |
Projected Award Amount: | Up to $1.00 million |
LT Precision - Performance Based Grant
Approval Date: | Nov 9, 2023 |
---|---|
Location: | Holland |
Project Investment: | Up to $43.20 million |
Projected Jobs: | 70 |
Projected Award Amount: | Up to $700,000 |
Sunsation Powerboats - Performance Based Grant
Approval Date: | Nov 8, 2023 |
---|---|
Location: | Cottrellville Twp. |
Project Investment: | Up to $7.77 million |
Projected Jobs: | 20 |
Projected Award Amount: | Up to $350,000 |
Walinga USA, Inc. - Performance Based Grant
Approval Date: | Nov 8, 2023 |
---|---|
Location: | wayland |
Project Investment: | Up to $8.38 million |
Projected Jobs: | 31 |
Projected Award Amount: | Up to $168,000 |
P&THE Manufacturing, LLC - Performance Based Grant
Approval Date: | Nov 2, 2023 |
---|---|
Location: | Fruitport |
Project Investment: | Up to $2.61 million |
Projected Jobs: | 107 |
Projected Award Amount: | Up to $428,000 |
Cascade Die Casting Group - Performance Based Grant
Approval Date: | Oct 31, 2023 |
---|---|
Location: | Sparta |
Project Investment: | Up to $6.08 million |
Projected Jobs: | 30 |
Projected Award Amount: | Up to $180,000 |
Beacon Recycling, Inc. - Performance Based Grant
Approval Date: | Oct 31, 2023 |
---|---|
Location: | Muskegon |
Project Investment: | Up to $17.50 million |
Projected Jobs: | 36 |
Projected Award Amount: | Up to $500,000 |
Altus Brands, LLC - Performance Based Grant
Approval Date: | Oct 11, 2023 |
---|---|
Location: | GRAWN |
Project Investment: | Up to $2.75 million |
Projected Jobs: | 93 |
Projected Award Amount: | Up to $575,000 |
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