The Michigan Economic Development Corporation (MEDC) markets Michigan and provides the tools and environment to promote job creation and investment in the state. It engages with customers globally, including businesses, entrepreneurs, and communities. The MEDC advocates for business development, tourism, film, and digital media incentives, arts and cultural grants, and the overall economic growth of Michigan. It offers a number of business assistance services and capital programs for business attraction and acceleration, entrepreneurship, strategic partnerships, talent enhancement, and urban and community development. The Michigan Economic Development Corporation was founded in 1999 and is based in Lansing, Michigan.
HTC Global Services Inc., founded in 1990, headquartered in Troy, Michigan, is a global provider of Information Technology and Business Process Services and Solutions. Our expertise in consulting, design, engineering, and operations helps us to provide innovative technology services, positioning us as a technology partner of choice. We leverage our domain expertise in multiple verticals and harness emerging technologies (Robotic Process Automation (RPA), Internet of Things (IoT), Cybersecurity, Artificial Intelligence, Machine Learning, and much more) to enable our clients to build future-ready and sustainable businesses. Our partnership with leading technology partners empowers our continuous endeavor to offer clients world-class technology services, to help them realize business transformation, and maximize returns. Our business partner approach helps us to build and develop long-term client relationships. Similarly, we value our people as one of our primary stakeholders. Our value driven work environment is built on diversity, equity, and inclusion, where mentoring our teams has been integral to our culture, resulting in long and fulfilling careers.
Modal Motors
Grant in 2024
We are Modal Motors, and we are raising for our Seed Round funding. We are a Michigan corporation spun-out from Veolectra, Inc. and have a patent-pending advanced electric motor technology that is ready for commercialization for e-Mobility applications, and we need funding to launch the prototyping phase for our early customers. Our patent-pending electric motor technology is unique and harvests all of the magnetic flux developed inside the electric motor enabling us to achieve the highest torque density and average efficiency direct drive motor on the market. Our motors will have the highest full speed range efficiency due to the fact that our motors do not require back irons for the magnets and are yokeless, which are the source of the highest losses for our competitors’ electric motors. Our motors can even be made without permanent magnets and can utilize aluminum coil windings instead of copper. Our motors are designed for manufacturing in the USA with low capital costs and low to no touch labor making them the most cost-effective solution for our customers and the mobility market. The modular and scalable architecture enables fully automated cell-based manufacturing that is also scalable as volumes and motor sizes increase. Our motor technology has been developed over the past 12 years with numerous prototypes designed, built and tested to bring us to the technological state that we are in today.
SkySpecs
Grant in 2024
SkySpecs, Inc. specializes in developing unmanned aerial vehicles and associated technologies to automate operations and maintenance within the wind energy sector. Founded in 2012 and headquartered in Ann Arbor, Michigan, with an additional office in Amsterdam, the company offers a range of services including analytics, engineering projects, and wind turbine blade services. Its solutions feature collaborative software for data management and analysis, digitization of data, and comprehensive planning for repair campaigns. SkySpecs also provides Horizon, a reporting and collaboration tool that serves as a central repository for blade operation and maintenance data, facilitating streamlined tasks and communication with third parties. The company's focus is on enhancing productivity, efficiency, and returns for its clients in renewable energy asset management.
Niowave
Grant in 2023
Niowave Inc. is a Lansing, Michigan-based company founded in 2005 that specializes in the research, development, and manufacture of superconducting particle accelerators and their components. The company produces a range of products, including niobium cavities, superconducting magnets, accelerator systems, and cryomodules, among others. Niowave is notable for its innovative use of superconducting electron linear accelerators for medical radioisotope production, which offers a simpler and more cost-effective alternative to traditional nuclear reactors. This technology not only streamlines operations but also eliminates the need for weapons-grade uranium, thus enhancing safety in medical applications. The company is a recognized leader in the field, contributing to advancements that aid medical professionals in cancer treatment and other critical health applications.
Ferris State University
Grant in 2023
Ferris State University in Big Rapids, Michigan, offers comprehensive academics and college life activities as well as educational opportunities for students throughout the state. Ferris State University offers more than 180 bachelor’s, master’s and associate’s degrees. The school’s academics include: * Allied Health Sciences * Arts and Sciences * Education and Human Services * Optometry * Pharmacy * Professional and Technological Studies Students may also participate in more than 200 different religious, cultural, academic and creative clubs and organizations. Ferris Statewide is another one of the university’s programs. Ferris Statewide operates more than 15 campus centers throughout the state. This program allows students outside of the Big Rapids region to attend the university without leaving home. Ferris State also offers online degrees. The university offers a number of different scholarship programs, which provide full or partial tuition assistance to academically exceptional students. Additional types of financial aid include federal grants and loans and work-study programs. To obtain federal financial aid, applicants must complete a FAFSA. Ferris State may require a separate application for school scholarships. Materials required for admissions include a completed application, transcripts or GED scores, and ACT or SAT scores.
Zero Tolerance
Grant in 2022
Zero Tolerance is a plastic injection mold machine shop located in Clinton Township, Michigan. The company specializes in a range of services, including mold design, injection molding, sinker EDM burning, 5-axis machining, CNC machining, and 3D printing. By offering these diverse capabilities, Zero Tolerance provides comprehensive solutions to meet the needs of its customers in the molding industry.
Prestige Stamping
Grant in 2022
Prestige Stamping, Inc. is a manufacturer based in Warren, Michigan, specializing in washers and small stampings for various industrial and commercial applications. Established in 1967, the company processes a range of materials, including aluminum, brass, bronze, copper, low and high carbon steels, and stainless steel, with thicknesses from .020" to .375". Prestige Stamping offers a variety of heat treatment processes such as case hardening, carbonitride, and bright annealing, along with multiple plating finishes including zinc, nickel, and anodizing. Additional services include micro finishes, grinding, tapping, and reaming, catering to clients in sectors like automotive, construction, and agriculture. The company also provides an online ordering option for its products.
IFMetalworks
Grant in 2022
IFMetalworks is a manufacturing and design company that offers architectural and ornamental metals, aerospace tooling, and military vehicle components. IFMetalworks is headquartered in Roseville, Michigan and was founded in 2002.
Gardiner's Jewelry
Grant in 2022
Gardiner's Jewelry is a full-service Jewelry store in Roscommon Michigan. It has a selection of gold, silver, and rock Jewelry.
Downtown Lansing
Grant in 2022
Downtown Lansing is committed to promoting the culture and sustainability of the downtown district. As a community connector and solution creator dedicated to balancing the needs of residents, businesses, and visitors to build a stronger future where Downtown Lansing is known for culture, opportunities, and activities at all hours of the day.
Bonnie Lucille Hair Studio
Grant in 2022
Bonnie Lucille Hair Studio is an upscale salon in the heart of small-town Laingsburg, Michigan. With experienced stylists, hair will be in great hands. It offers the latest in haircuts, color, hair treatments, and more - for all hair types.
READ Association of Saginaw County
Grant in 2022
READ Association of Saginaw County is a 501(c)(3) organization whose mission is to help students improve their reading skills and discover the joys of reading.
Old Town Commercial Association
Grant in 2022
Old Town Commercial Association is a non-profit organization dedicated to the revitalization of Lansing’s Old Town through socioeconomic development, historic preservation, business recruitment and community outreach.
Tecumseh Bread and Pastry
Grant in 2022
Tecumseh Bread & Pastry is a Bread & Pastry shop in Lenawee county, being the first of its kind to offer hand-crafted from scratch croissants, fresh milled & locally grown flour in all products, and delicious crusty sourdough bread without the use of commercial yeast.
Southwest Detroit Business Association
Grant in 2022
Southwest Detroit Business Association (SDBA) fosters innovation, drive, and commitment. It works with investors, entrepreneurs, customers, and neighbors to capitalize on Southwest Detroit’s competitive advantage. It supports the community’s vision for a healthy, vibrant neighborhood.
Keweenaw Coffee Works
Grant in 2022
Keweenaw Coffee Works is a social enterprise that offers high-quality small-batch specialty coffee across the Midwest, while proudly celebrating the natural and cultural beauty of our home in the Keweenaw Peninsula.
Centrepolis Accelerator
Grant in 2021
Centrepolis Accelerator, founded in 2018 and located in Southfield, Michigan, is dedicated to fostering the growth of advanced manufacturing and innovative hardware entrepreneurs. The organization provides support to small manufacturers and entrepreneurs by offering resources and guidance to help them accelerate their development and market presence. Through its focused approach, Centrepolis Accelerator aims to enhance the competitiveness of Michigan's manufacturing sector and empower emerging businesses in the hardware space.
RetroSense Therapeutics
Series A in 2015
RetroSense Therapeutics is a biotechnology company developing life-enhancing gene therapies designed to restore vision in patients suffering from blindness due to retinitis pigmentosa (RP) and advanced dry age-related macular degeneration (advanced dry-AMD). There are currently no FDA approved drugs to improve or restore vision in patients with these retinal degenerative conditions. The company's approach to using optogenetics in vision restoration is based on pioneering, proprietary research conducted at Wayne State University and Massachusetts General Hospital. Founded in 2009, RetroSense Therapeutics is headquartered in Ann Arbor, Michigan.
Ann Arbor SPARK
Grant in 2014
Ann Arbor SPARK is a non-profit organization based in Ann Arbor, Michigan, dedicated to supporting business growth and innovation in the region. Founded in 1982, it offers a range of services that include business accelerator programs, entrepreneur boot camps, and comprehensive business planning resources. The organization assists companies with market research, business model development, intellectual property validation, and financial analysis to enhance their funding prospects. Additionally, Ann Arbor SPARK provides access to office space, equipment, and workforce development resources, as well as tax-exempt financing options for manufacturing facilities. It serves a diverse array of sectors, including life sciences, automotive research, alternative energies, and information technology, while also fostering connections with local universities and offering educational opportunities to promote business excellence.
Algal Scientific
Series A in 2014
Algal Scientific Corporation, founded in 2009 and based in Plymouth, Michigan, specializes in developing and selling algae-based products and technologies for the animal health, human nutrition, and wastewater treatment industries. The company produces Algamune, a beta glucan derived from algae, which enhances the immune health of various livestock and aquatic species, and AlgaGLUCAN, a similar product aimed at human nutraceuticals and functional foods. Additionally, Algal Scientific offers the Hypertrophic wastewater treatment system, designed for the food and beverage sector, which effectively treats dissolved organics, nitrogen, and phosphorus while generating a natural fertilizer co-product. With a focus on sustainable practices, Algal Scientific serves both domestic and international markets, contributing to advancements in health and environmental conservation.
Current Motor
Series A in 2011
Current Motor fills the unmet need for fast, fun, affordable, zero-emission, electric vehicles (EVs). Current Motor develops and manufactures all-electric maxi-scooters for the Americas, made in Michigan. The company’s EVs use no gas, produce no emissions and create no maintenance hassles. Their maxi-scooters offer speeds up to 70 MPH and a range of up to 50 miles. They charge from a standard 110V household outlet in 5 hours. Backed by BELLE Capital, the State of Michigan and other private equity investors, please visit www.currentmotor.com for more information. They are shipping Test Pilot (beta) bikes with full production maxi-scooters scheduled to ship at the end of the 2011.
Advanced Photonix
Post in 2010
Advanced Photonix, Inc. (API) is engaged in the development and manufacture of optoelectronic devices and value-added sub-systems and systems. The Company serves a variety of global original equipment manufacturers (OEMs) in a variety of industries. API supports its customers from the initial concept and design phase of the product, through testing to full-scale production. API has two manufacturing facilities located in Camarillo, California and Ann Arbor, Michigan. API is a supplier of optoelectronic semiconductors packaged into high-speed optical receivers, custom optoelectronic subsystems and Terahertz instrumentation, serving a variety of global OEM markets. API supports the customer from the initial concept and design of the semiconductor, hybridization of support electronics, packaging and signal conditioning or processing from prototype through full-scale production and validation testing.
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