Businesses
Government-funded
$5.0M
per applicant
Grant
Cash award, application-based
Rolling
No fixed cutoff
Rolling
Or check for open cycles
Moderate
Standard state application
Performance-based grants and loans for businesses creating jobs or making significant capital investment in Michigan. Awards of $1,000–$20,000 per job tied to project milestones, targeting companies that might otherwise locate in another state.
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.Project must represent a competitive business location decision
2.Minimum job creation or capital investment commitment
3.Grant or loan: $1,000–$20,000 per created/retained job
4.Disbursement tied to employment and investment milestones
5.Available to businesses of all sizes and industries
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).