Businesses
Government-funded
$10.0M
per applicant
Grant
Cash award, application-based
Rolling
No fixed cutoff
Rolling
Or check for open cycles
Moderate
Standard state application
Performance-based grants or loans for qualifying businesses creating jobs or making capital investments in Michigan, targeting high-tech sectors, manufacturing, and emerging industries.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Must create at least 25 qualified new jobs (5 in rural areas) within 5 years
2.Jobs must pay at least 125% of regional average wage with benefits
3.Award: performance-based grant or loan up to $10M depending on project
4.Eligible: manufacturing, R&D, headquarters, back-office, agri-business
5.Must demonstrate the project would not occur in Michigan without the incentive
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).