November 2026 SBIF Gram

Apply for up to $250,000 in grant funds to make permanent improvements to your small business. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

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2020-09-16-054-SSA-Stockyards--Industrial-Park_WM13628

In This Issue of the SBIF Gram

SBIF Program Overview Webinars

On Wednesday, November 4th at 1pm, the Chicago Department of Planning & Development and SomerCor will host a webinar to review program requirements and the application process for SBIF districts in November.

REGISTER HERE

Quick Links
SBIF Website

SBIF Rollout Schedule

SBIF Application

Am I in a SBIF District

SBIF Program Rules

SBIF Design Guidelines

SBIF Open & On Deck Districts

OPEN: SBIF District Openings for November 2026, 11/1- 11/30/26

Note: Applications received for these areas will NOT be accepted after 5pm CT on November 30, 2026. Applications can be submitted via Submittable.

ON DECK: SBIF District Openings for December 2026, 12/1- 12/30/26

Note: Applications received for these areas will NOT be accepted before 9am CT on December 1, 2026. Applications can be submitted via Submittable.

Congratulations to all the SBIF grantees who were honored at the 2026 Manufacturing Excellence Awards: Advance Equipment MFG CO., Galloy & Van Etten, Inc., Phoenix Bean, Roscoe Company, Sipi Metals Corp., and Stanley Spring & Stamping Corporation.

Small Business Resources

Workforce Solutions Grant

Visit www.chicago.gov/workforcesolutions to sign up for an October 6th webinar to learn more about Workforce Solutions Grants! Previously known as TIFWorks, this program provides up to $250,000 in reimbursement grants foremployee job training. The grant is designed to support Chicago employers seeking to enhance the skills of their existing workforce and/or onboard new employees through targeted training initiatives.

The Federal Reserve’s 2026 Small Business Credit Survey is now open, and SomerCor is a partner in this effort. This survey is for owners and key financial decisionmakers of for-profit businesses to share input on the financial conditions you face.

Answers to these questions contribute to data that directly inform the Fed, federal government agencies, service providers, policymakers, and others. The survey is open to businesses currently in operation, those recently closed, and those about to launch. All responses are confidential. Make your voice heard and complete the survey today!

TAKE THE SURVEY

The City of Chicago is not affiliated with the Fed Small Business Credit Survey.

SomerCor is a non-profit lender, certified by the Small Business Administration, that specializes in originating and servicing SBA 504 loans. SomerCor also administers the Small Business Improvement Fund (SBIF) and Neighborhood Opportunity Fund (NOF) grants for the City of Chicago.

Based in Chicago, the SomerCor mission is to grow businesses, create jobs, and increase impactful investment in every community through access to capital.