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MI
Michigan Business Development Program
Performance-based assistance for Michigan business expansion and attraction projects.
About this program
The Michigan Business Development Program provides grants, loans, or other economic assistance for competitive business attraction and expansion projects that create qualified new jobs and investment in Michigan communities such as Dearborn.
Eligibility
Eligible companies considering job-creating Michigan expansion or location projects that need state support to proceed.
Requirements
- Work with MEDC before committing to the project
- Document competition, investment, job creation, wages, financing, and local support
- Receive Michigan Strategic Fund approval and meet performance milestones