TVA Performance Grant

The Community & Worker Economic Transition Office will manage the Michigan Supplier Conversion Grant Program, which has allocated $31.8 million through federal funding and state support to help small- and mid-sized automotive manufacturers shift from producing parts, components or materials for internal combustion engine vehicles to materials needed in the electric vehicle supply chain. Eligible manufacturers may use these funds to offset costs associated with fixed assets, machinery and equipment, technology and training to support the transition of new production for electric vehicles or components. Eligible applicants must be domestic entities located in Michigan that are currently manufacturing products, components or materials for internal combustion engine vehicles. Companies must either have fewer than 1,500 employees or be operating a facility with 500 or fewer employees on the site where the retooling project will take place.

The Going PRO Talent Fund (Talent Fund) makes awards to Michigan employers to assist in training, developing and retaining current and newly hired employees. Training funded by the Talent Fund must be short-term and fill a demonstrated talent need experienced by the employer. Training must lead to a credential for a skill that is transferable and recognized by industry.

The Business Grant Program provides site enhancement grants and economic development grants to businesses via a competitive application review process. -Business grant applications open annually in January for a six week application window -Grants are awarded in amounts up to $10,000 -Applications in excess of $10,000 may be considered for projects that provide exceptional benefit

Since 2023, The HBCU Founders Initiative (HBCUFI) and the United Negro College Fund (UNCF), a philanthropic organization that funds scholarships for Black students and 37 HBCUs, have partnered together to host the Better Futures pitch competition. Better Futures is a national showcase of the entrepreneurial excellence booming out of the nation's 100+ HBCUs. The competition features startups led by HBCU students and alumni from the HBCUFI network who are building innovative solutions and creating better futures. The Better Futures pitch competition has traditionally been held at the National Museum of African American History & Culture in Washington, D.C. with $25,000 in prizes distributed across the top three winners annually.

digitalundivided's BREAKTHROUGH Program, sponsored by JPMorgan Chase & Co, provides founders with a deeper understanding of their customers, startup funding, growth marketing strategies, and networking opportunities to scale their ventures. Each company accepted into the program will receive a $5,000 grant.