Challenge Manufacturing Receives Millions in Grants for Facility Expansion
Agency - Michigan Strategic FundChallenge Manufacturing, an auto performance part and carbon composite company, is being awarded a $1 million Michigan Business Development Program grant.
The grant aims to support a 10 million-dollar expansion of the company's facilities in the region. The company's officials say that the funds used for upgrades will also grow its thousand-member workforce by 180 full-time employees.
Read the Entire Article
More State Grants from Michigan
Other Community Economic Development Grant News
Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses. Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
Learn How to Identify and Avoid Grant Scams
