Business Resources & Incentives
At the City of Farmington Hills, we strive to provide businesses with access to the resources needed to help them grow and prosper. As such, we are happy to set up a meeting with you to discuss all stages of the business lifecycle, from start-up to Fortune 500, and match you with the right program to fuel your growth. We can also invite other partners as well to make the most effective use of your time.
| Tax Credits | Training & Staff | Grants | Tax Incentives |
|---|---|---|---|
| Work Opportunity Tax Credit for employers hiring targeted groups. |
Community Ventures for job retention and skilled development. |
MI STEP to aid businesses in export and new trade opportunities. |
General Property Tax Act exempts 1/2 personal property from ad valorem taxation. |
| Disabled Access Tax Credit to make your business more accessible to customers with disabilities. |
Going Pro Talent Fund award to assist in training, retaining current and newly hired staff. Classroom & on-the-job training. |
Grand River Site Improvement Grant for business owners along Grand River Corridor in Farmington Hills. $30k per fiscal year. |
Brownfield Program reimburses brownfield related costs acquired during redevelopment. Uses include demo, lead, asbestos, and more. |
| Increasing Research Activities Tax Credit for new research and processes. |
Jobs Ready MI to meet company talent needs for high wage, skill, or high demand occupations. |
MI Mobility Funding grants to mobility and electrification companies deploying technology solutions |
Commercial Rehabilitation Act to rehab commercial lots. Office, engineering, R&D, warehousing, parts & distribution, retail sales, etc. are eligible |
| Employer Provided Childcare Tax Credit for businesses that pay or help their employees obtain childcare. |
MI New Jobs Training free program for companies creating new jobs and/or expanding operations in Michigan. |
MI Defense CyberSmart Program is a grant for small and medium defense contractors. Including reduced pricing on Gap Analysis. |
Industrial Facilities Tax Abatement for the rehabilitation, expansion, or new construction of a manufacturing facility. |
| Small Employer Pension Plan Startup Costs and Auto-Enrollment Tax Credit for staff 401(k) plans. |
Michigan WORKS! providing on-the-job training, talent, recruitment, hiring support, & labor market information. |
Women Small Business Owners provides grants for women starting or growing their business. |
Learn More |
| Women | Minority | Startup | General |
| National Kitty Fund for moms running employer-based small businesses. |
Future Accelerator for Asian & Pacific Islanders is a start-up accelerator that offers funding support and masterclasses. |
Small Business Development Center helps individuals start, grow, or even sell their business. |
Small Business Tax Workshop through the IRS helps new business owners understand federal tax obligations. |
| Amber Grant for women-owned businesses, with a range of funding categories such as skilled trades, arts, beauty, and more. |
HerRise MicroGrant provides funds for black women with innovative businesses. |
Verizon Small Business Digital Ready helps grow businesses with free online courses, tools, coaching, peer networking, and grants. |
Small Business Administration offers financial options and aid for the plan, launch, management, and business growth. |
| Michigan Women Forward provides grants, microloans, and other valuable resources. |
Microenterprise Development helps refugees develop, expand, or maintain their current business. |
Incfile Entrepreneur Grants for young scholars starting a business or people looking to start or grow their business. |
HELLO ALICE provides business workshops and grant opportunities. |
| DreamBuilder offers online courses to teach the skills and knowledge needed to start and grow a business. |
First Nations Development Institute for Native Americans provides grants, technical assistance, training, advocacy, and policy. |
SBIR and STTR Grant to support businesses in science and technology through federal investment. |
Military Entrepreneur Challenge is a grant program for veterans, military spouses, and Gold Star families. |
| Goldman Sachs 10,000 Women is a custom, online business education in subjects such as management, funding, and more. |
Fast Break for Small Business offers grants and a free LegalZoom product for black-owned businesses. |
FedEx Small Business Grant Contest to grow and enhance businesses with a cash award. |
Learn More
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