The City of Chicago’s Small Business Improvement Fund (SBIF) promotes economic development by providing small businesses with reimbursable grants for permanent building improvement costs. SBIF grants use local Tax Increment Financing (TIF) revenue to reimburse you for the pre-approved repair or rehab of your business facilities or adjacent land acquisition. SomerCor is the program administrator contracted by the Chicago Department of Planning and Development.

GET STARTED:

Are you in an Open District and ready to apply for a SBIF Grant? Review the Program Guidelines below, fill out a SBIF Application, and email it to sbif@somercor.com

1) Confirm your business is in a SBIF District

2) Check which SBIF Districts are Open

3) Review SBIF Eligibility Requirements

4) Review SBIF Program Rules


ADDITIONAL SBIF RESOURCES:

SBIF Lottery Results

SBIF Design Guidelines

SBIF Lenders

SBIF Contractors

SBIF Technical Assistance Providers

Small Business Resources

QUESTIONS? CONTACT OUR TEAM:

Silvia Orozco

SBIF Program Director
(312) 360-3334
sorozco@somercor.com

Savannah Allen

Associate Program Director
(312) 360-3327
sallen@somercor.com

Anastasia Williams

Vice President
(312) 360-3336
awilliams@somercor.com

Shalonda Fisher

SBIF Project Coordinator
(312) 360-3331
sfisher@somercor.com