The Small Business Improvement Fund (SBIF) is one of Chicago’s longest-running and most successful programs, helping to retain and expand small businesses in nearly every neighborhood. SBIF grants use local Tax Increment Financing (TIF) revenue to reimburse businesses for permanent building repairs and upgrades. These grants can cover 30 to 90% percent of the cost of remodeling work, with a max of $150,000 for commercial properties and $250,000 for industrial properties. SBIF grants do not need to be repaid.
Applications for businesses in the Clark/Montrose TIF District open on February 1st and close March 3rd. Click here to read our full post about the 2023 Clark/Montrose Small Business Improvement Fund.
Wednesday Feb 1, 2023
1:00 PM - 2:15 PM CST
Zoom
FREE w/ RSVP
Printed courtesy of ravenswoodchicago.org/ – Contact the Greater Ravenswood Chamber of Commerce for more information.
1770 W Berteau, Chicago, IL 60613 – (773) 975-2088 – info@ravenswoodchicago.org