City of Chicago Small Business Improvement Fund (SBIF)
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Other requirements
- Small business owners and landlords of commercial properties
- Projects in Chicago neighborhoods
Overview
Administrator: SomerCor on behalf of the City of Chicago
Geographic Scope: City of Chicago, Illinois
Program Focus: Small business improvement projects including property improvements, renovations, and buildouts
What It Funds:
- Commercial property improvements
- Renovations and buildouts
- Interior and exterior work (roofing, doors, HVAC, electrical, framing, insulation, drywall, bathrooms, etc.)
Eligibility:
- Small business owners and landlords of commercial properties
- Projects in Chicago neighborhoods
Contact Information:
- SomerCor
- Address: 209 S. LaSalle St., Suite 203, Chicago, Illinois 60604
- Phone: (312) 360-3300
- Email: info@somercor.com
Background: SomerCor administers the SBIF grant program on behalf of the City of Chicago. The program supports small business growth and community development through property improvement financing.
What Somercor 504 Inc actually gave
Source: IRS Form 990, 2020 — the most recent filing with itemized grants
- Grants in 2020
- 433
- Total given
- $6.27M
- Median grant
- $10K
- Range
- $10K–$20K
- By dollars: Illinois 100%. Top recipient cities: Chicago, IL; Champaign, IL; Arlington Heights, IL.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
187 Boxing Club · Chicago, IL
Economic relief for small businesses hit hardest by covid-19
$20K
1858 Fitness · Freeport, IL
Economic relief for small businesses hit hardest by covid-19
$20K
3 Sixty LLC · Aurora, IL
Economic relief for small businesses hit hardest by covid-19
$20K
360 Mind Body Soul LLC · Chicago, IL
Economic relief for small businesses hit hardest by covid-19
$20K
3R Fitness Batavia LLC · Geneva, IL
Economic relief for small businesses hit hardest by covid-19
$20K
Focus Areas & Funding Uses
Fields of Work
- Small businesses
Categories
Browse similar grants by category
Related Grants
Open grants from this funder and similar programs
NIH, CDC and FDA Small Business Innovation Research Grant (Parent SBIR [R43/R44] Clinical Trial Optional)
National Institutes of Health
Amount
Varies
Deadline
April 5, 2027
NSF Small Business Innovation Research / Small Business Technology Transfer Phase I, Phase II, Fast-Track Programs: A Pilot Emphasis on Scientific Instrumentation
U.S. National Science Foundation
Amount
$40,000,000 total
Deadline
November 4, 2026
NIH Small Business Technology Transfer Grant (Parent STTR [R41/R42] Clinical Trial Optional)
National Institutes of Health
Amount
Varies
Deadline
April 5, 2027
NIH Small Business Innovation Research (SBIR) Phase IIB Strategic Breakthrough Award (Parent [R44] Clinical Trial Optional)
National Institutes of Health
Amount
Varies
Deadline
April 5, 2029
City of Chicago Neighborhood Opportunity Fund (NOF)
Somercor 504 Inc
Amount
Up to $250,000
Deadline
Deadline not published
Small Business Development Centers
Commerce And Econ Opp
Amount
$80000 - $525000
Deadline
Deadline not published
Ready to apply for City of Chicago Small Business Improvement Fund (SBIF)?
Grantable helps you assess fit, draft narratives, and track deadlines — so you can submit stronger applications, faster.
You found City of Chicago Small Business Improvement Fund (SBIF). Now let's win it.