Ready to call Midland home? We can help.
Thinking about locating or expanding your business in Midland? Congratulations, you’ve taken the first step. Now, take advantage of our decades of experience, community and regional contacts and networks, and the numerous Business Assistance services we offer.
Competitive Tax Rates & More Help Businesses Thrive
In Midland, not only will you find a competitive cost of doing business — you also have access to the best incentives in the state of Michigan.
Midland offers competitive tax rates:
- Property tax abatements
- A flat 6% corporate income tax
- Zero inventory tax
- Zero local income tax
- County bond program
- Industrial tax credits
- Investment tax credits
- Job creation tax credits
Other business advantages in Midland include:
- Access to resources highly experienced in chemical industry manufacturing (engineering and construction firms, suppliers, financial institutions)
- Low-cost energy provider
- 45-day site plan approvals for chemical companies
- Global logistics assets
- Supply-chain expertise
- Abundant water resources and state-of-the-art wastewater treatment plant
- Property Assessed Clean Energy (PACE)
Financial Assistance: Strong Support for Start-up or Expansion in Midland
A variety of financial institutions and other financing options are available in the Midland area. Midland Tomorrow is your one-stop shop for identifying potential financing sources and for assistance contacting them and wading through the application processes.
Michigan Certified Development Corporation administers the U.S. Small Business Administration (SBA) 504 Loan Program, which assists for-profit small businesses.
Michigan Small Business and Technology Development Center provides access to capital, resources, and strategic planning and execution, and offers fiscal counseling.
North Coast Technology Investors partners with talented entrepreneurs in the Midwest to develop sustainable, long-term plans and access to capital, to create rapid growth.
Blue Water Angels encourages entrepreneurs by networking them with individuals and organizations interested in investing in promising companies.
Midland County and its municipalities are home to a wide choice of lenders, including Chemical Bank, PNC Bank, Wolverine Bank, Comerica Bank, Wildfire Credit Union and Dow Chemical Employees’ Credit Union.