Michigan Strategic Outreach & Attraction Reserve (SOAR) / R&D Talent Action Plan
Supports Michigan strategic outreach that connects regional innovation talent with commercialization teams.
About
Michigan Strategic Outreach & Attraction Reserve (SOAR) / R&D Talent Action Plan sits under the Michigan Strategic Fund and is delivered by the Michigan Economic Development Corporation. It is one of Michigan's main business-attraction tools for projects tied to jobs, capital investment, and technology shifts in product or production.
The route is a grant-style incentive with awards from $500,000…
Max award$50M
Realistic median$5M
Success rate20–30%
Decision time—
No upcoming rounds verified. Cadence: Annual.