Michigan Economic Development Corporation

Supports Michigan business growth through grants, incentives, and partnerships that connect companies with state-backed economic development tools.

The Michigan Economic Development Corporation is Michigan's primary economic development agency. It works statewide and operates with the Michigan Strategic Fund, using grants, loans, tax incentives, and equity programs to attract investment, support job creation, and help Michigan companies grow.

Its public program stack reaches from early-stage commercialization to large attraction deals. The record includes the Michigan Business Development Program, Michigan State Trade Expansion Program, Michigan Emerging Technologies Fund, Michigan Translational Research and Commercialization Program, Match on Main, the Industry 4.0 Technology Implementation Grant, Small Business Support Hubs, the Michigan Space Innovation Hub, and the International Landing Zone. The agency also supports mobility, electrification, site readiness, and export activity.

MEDC's model is partnership-heavy: some routes run directly through the agency, while others move through local organizations or statewide delivery partners. For founders and operators, it is the central state counterparty for Michigan growth capital, with support that can range from small commercial grants to larger incentive packages tied to investment, hiring, or strategic projects.