Business Incentive Programs

MEDC Products & Services A-Z

The Michigan Economic Development Corporation (MEDC) houses a comprehensive list of business development incentives for the State of Michigan.

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MEGA Tax Credits

The MEGA Job Creation Tax Credit provides a Michigan Business Tax Credit for businesses that create or retain jobs in Michigan. Several high-tech industries qualify for MEGA including film, advanced manufacturing, life sciences, and alternative energy.

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New Market Tax Credits

Federal New Market Tax Credits are designed to attract investment capital into low-income communities for commercial development and expansion. Corporations can relieve their federal tax burden by investing in economically distressed areas.

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