GRANTRADAR/Grant Programs/Michigan Business Development Program
Michigan StateDirect GrantStackable

Michigan Business Development Program

Administered by MEDC · Michigan

BENEFIT
Up to $10M
Deadline type: rolling

Eligibility Requirements

  • 1Must create qualified new jobs in Michigan
  • 2Minimum 25 new jobs or $25M investment for large projects
  • 3Competitive with other states or locations
  • 4Jobs must pay above county median wage

Eligible Project Types

CommercialIndustrialMixed Use
STACKING POTENTIAL

Michigan Business Development Program is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

Source: MEDC official program page ↗ · Last verified 2026-03-10