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

CLICK HERE TO COMPLETE SBIF APPLICATION 


ADDITIONAL SBIF RESOURCES:

SBIF Lottery Results

SBIF Design Guidelines

SBIF Lenders

SBIF Contractors

SBIF Technical Assistance Providers

Small Business Resources

QUESTIONS? CONTACT OUR TEAM:
Phone: (312) 360-3300
Email: SBIF@somercor.com

 

Silvia Orozco

SBIF Program Director
sorozco@somercor.com

LaTonya Jones

Deputy Program Director
ljones@somercor.com

Anastasia Williams

SBIF Project Coordinator
awilliams@somercor.com

Shalonda Fisher

SBIF Project Coordinator
sfisher@somercor.com

Ellybeth Castaneda

SBIF Project Coordinator
ecastaneda@somercor.com