The Michigan Strategic Fund (MSF) today approved $7.5 million in funding to Ford Motor Co. for new programs that “accelerate economic development, new technology activation, workforce training, and community engagement in the 30-acre Michigan Central Innovation District in Detroit’s Corktown neighborhood.”

The grant has a three-year term with the ability to allocate additional funds in fiscal years 2023 and 2024 – if agreed-upon grant milestones are met, including a requirement that it create at least 2500 non-Ford jobs within the district.