Incentives for Qualified Businesses

For companies looking to expand with the help of tax abatements or other incentives, these forms are available to you. Please also consider reading the State of Michigan's guidelines for any (or all) of the incentives you have questions or interests with.

We provide information on many incentives that businesses may qualify for below. Whether you are in a commercial district trying to improve your property for consumer use, or an industry eager to expand, our team can help your business grow. 
Helpful Tools

A list of tax abatement's on the State of Michigan website can be found if you click here

For information regarding Small Business Administration loans, click here. Please review the checklist located on their website to affirm eligibility if you are interested in applying for a small business loan, 

Hands filling out application
Types of Help

A Commercial Facilities Exemption
is a tax incentive for 1 to 12 years for a commercial property. The property must be in a Commercial Rehabilitation District. 

An Industrial Facilities Exemption  provides a tax incentive to manufacturers to enable renovation and expansion to aging facilities, assist in the building of new facilities, and to promote new high tech industries. The project must be located in an Industrial Development District. This abatement entitles the facility to exemption from real and/or personal property for 1 to 12 years. 

Michigan's Talent Resources is a helpful tool for employers looking to hire and train new employees to their company.
Grow Your Business  is a program supported by the MEDC whom aids you with information on Michigan economic patterns to best help your business development. This program provides organization to your company and helps discover weak areas within business operations. To grow your business, you are given the chance to tackle issues and maximize enterprise potential.

The Brownfield Redevelopment Act  has the purpose to redevelop areas, promote the redevelopment of certain properties with blight or contamination issues/concerns. 

The Small Business Loan Application is available to qualifying business owners who are having trouble applying for a traditional bank loan. This is application is through the Small Business Administration. 

Forms and Documents     
Industrial Facilities Abatement Criteria Form  Computer Icon  
Required Reading for Industrial Facilities Tax Abatement
   Download Icon 2
Industrial Facilities Tax Exemption State Application    Download Icon 2
Information on Commercial Rehabilitation Act    Download Icon 2
Commercial Facilities Tax Exemption Application    Download Icon 2
Information on Brownfield Redevelopment Act    Download Icon 2
Michigan Economic Development Corporation Grow Your Business    Download Icon 2
Small Business Association Loan Application    Download Icon 2
Small Business Association Loan Needs Checklist  Computer Icon  
Michigan's Talent Resources     Download Icon 2