Phoenix Bean: SBIF Feature in Edgewater

11/26/2025|Kimberly Brisky|Chicago, Client Success Stories, Food/Nutrition, Grant, Manufacturing, SBIF Grant

SBIF Grant Impact (Bryn Mawr/Broadway)

For 25 years, the Small Business Improvement Fund (SBIF) has provided grants to Chicago entrepreneurs to renovate commercial and industrial properties. SomerCor is proud to have administered the program on behalf of the Chicago Department of Planning and Development since its launch!

To celebrate, DPD Commissioner Ciere Boatright visited five-time SBIF recipient, Jenny Yang, the owner of Phoenix Bean and Jenny’s Tofu. She gave Commissioner Boatright a tour of her production facility at 5410 N. Broadway and shared the impact of the SBIF grant on her business.

Phoenix Bean is Open for Business!

Visit www.phoenixbean.com to learn more or place an order.

Learn More About the Small Business Improvement Fund

Launched in 1999, Chicago’s Small Business Improvement Fund promotes economic development by providing reimbursement grants for permanent building improvement. Landlords, owner/operators, and tenants (with landlord approval) are eligible to apply. Residential projects are not eligible.

SomerCor is the program administrator contracted by the Chicago Department of Planning and Development. Learn more about the program and apply by visiting www.somercor.com/sbif.