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

Michigan Business Development Program

Administered by Michigan Strategic Fund · Michigan

BENEFIT
Up to $10M
Deadline type: rolling

Eligibility Requirements

  • 1Create qualified new jobs and/or make qualified new investment in Michigan
  • 2Business must create minimum of 50 qualified new jobs (25 jobs in rural counties or high-technology projects)
  • 3Qualified new jobs must be held by Michigan residents or certified 75% of employees are Michigan residents
  • 4Local municipality commitment of staff, financial or economic support required

Eligible Project Types

CommercialIndustrial
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.

AFTER YOU WIN
View the Michigan Business Development Program compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.

Source: Michigan Strategic Fund official program page ↗ · Last verified 2026-04-06
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STACKABLE WITH
Michigan Community Revitalization Program
Up to $10M · Direct Grant
Michigan Historic Preservation Tax Credit
25% credit · Tax Credit
Michigan Brownfield TIF
Negotiated / contact agency · Tax Increment Financing
Michigan Business Development Program
Up to $10M · Direct Grant
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