Mobilizing industrial demand to scale critical technologies, strengthen suppliers, and expand competitive domestic production capacity in Michigan.
Michigan LIFT (Michigan Launchpad for Industrial Innovation & Transformation) is a public-private platform that brings together industrial demand, private capital, state resources, and industrialization support to close critical supply-chain gaps and expand competitive production capacity in Michigan.
Founded by Ford, JPMorganChase, the State of Michigan through MEDC, Michigan Central, and Newlab, Michigan LIFT aims to scale critical technologies and capabilities in Michigan. The platform translates manufacturing and supply-chain challenges identified by industrial buyers into Open Calls for innovation-led companies or suppliers that can address them.
Each Open Call is a public request for solutions to an industry-defined need, with technical and commercial criteria. Companies with relevant solutions that could be scaled in Michigan can respond to open calls. Relevant submissions are referred to participating buyers for evaluation and validation. Where a solution shows a credible path to adoption, Michigan LIFT helps coordinate potential financing, public resources, and other support needed to scale production.
How might we enable scalable, automated, and cost-competitive U.S. assembly of flexible and non-rigid materials across diverse product configurations?
How might we expand resilient, cost-competitive U.S. capacity to produce complex cast, forged, formed, and precision-machined components using advanced materials such as titanium, magnesium, nickel-based superalloys, and other critical metals across aerospace, automotive, defense, energy, and industrial applications?
How might we improve the reliability, quality, and capacity of existing “brownfield” manufacturing equipment without requiring costly wholesale line replacement?
How might we reduce the time and cost required to evaluate and qualify alternative components, materials, and sources while maintaining performance, quality, and supply continuity?
Ford, JPMorganChase, the State of Michigan, Michigan Central and Newlab have launched Michigan LIFT, a public-private platform that helps innovative suppliers win business from leading manufacturers and access the financing and state support they need to expand production in Michigan.
Read moreJPMorgan Chase, Ford and the State of Michigan are launching a $3 billion program to bolster the state's manufacturing suppliers, with Michigan Central and Newlab in Corktown joining forces to help suppliers win business and scale production in Michigan.
Read moreThe bank hosted a Security and Resiliency summit at Newlab at Michigan Central on Thursday, dedicated to connecting companies in five key focus areas as part of its broader strategy to reshore vital American jobs. As part of the initiative, JPMorgan is committing $1.5 trillion over the next 10 years to advancing industries critical in national security.
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