logo

Strategic Outreach and Attraction Reserve (SOAR) Fund Business Incentive Program

Sector: Energy Storage • Location: Michigan, United States

Source: Jacksonville Journal-Courier

Project
Active With Some Projects Ongoing And Others Paused Or Canceled

Michigan's $2.4 billion SOAR business incentive program aims to create and retain jobs through large taxpayer subsidies awarded to companies. Since its launch in 2022, the program has awarded $1.86 billion to companies and economic development groups, with a focus on large-scale projects including factories and facilities related to electric vehicles and energy storage. The program has generated 1

Project Information FAQ

Project Information

4 Q
The project “Strategic Outreach and Attraction Reserve (SOAR) Fund Business Incentive Program” is an infrastructure initiative in the Energy Storage sector, located in Michigan, United States. Taiyo aggregates data on it from Jacksonville Journal-Courier.

Want to explore the full details? View the full report

Participants

Sponsoring Agency

Obfuscated Data

Company

Obfuscated Data

Status

Original status

active with some projects ongoing and others paused or canceled

Taiyo status

Obfuscated Data

Taiyo last update

00-00-0000

Available timestamps

00-00-0000

Available timestamp type

Obfuscated Data

Contact

Contact name

Obfuscated Data

Phone

0000000000

Email

ObfuscatedData@email.com

Address

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description

Description

Michigan's $2.4 billion SOAR business incentive program aims to create and retain jobs through large taxpayer subsidies awarded to companies. Since its launch in 2022, the program has awarded $1.86 billion to companies and economic development groups, with a focus on large-scale projects including factories and facilities related to electric vehicles and energy storage. The program has generated 1,846 new jobs in 2025 among 10 companies, with additional job retention and future hiring expected.

Original sub-sector

Obfuscated

Original Currency

USD

Original budget

000000000000000

Procurement method

Obfuscated Data

Budget

000000000000000

Location

Region

Obfuscated

Country

Obfuscated

State

Obfuscated Data

County

Obfuscated

Location

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source

Source reliability

High

Data quality score

100%

Source

Obfuscated Data

URL

obfuscated_data,obfuscateddata.com

More Details

Project Type

Obfuscated Data

Article Published Date

Obfuscated Data