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Michigan Strategic Fund Good Jobs for Michigan

Michigan Economic Development Corporation (MEDC)MI-GJFM
Max per Applicant

Varies

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Michigan

About This Program

High-wage job creation incentive allowing companies to capture 100% of state income taxes paid by new employees for up to 10 years. Targeted at transformational projects creating at least 250 jobs at 125% of regional average wages, or 500 jobs at 100% of average wages.

Key Requirements & Eligibility

  • 1Minimum 250 new jobs at 125% of regional avg wage OR 500 jobs at 100% avg wage
  • 2Company captures up to 100% of state income taxes withheld from new hires
  • 310-year program window
  • 4Capital investment commitment required
  • 5Project approval by Michigan Strategic Fund board required

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

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Applicable Industries

ManufacturingTechnologyAutomotive
Official Source