Member Incentives
1ST ANNUAL BUSINESS FAIR PHOTOS - ST. EDWARD'S CHURCH
Pulaski Elston Business Association, Inc. Banner Program
Help beautify our community and receive maximum visibility for your business or organization.
Our street banners will be 72” tall and 30” wide. The color will be green/white and yellow. The bottom 28” width by 12” high will be your sponsor area done
in a different color to give your name maximum visibility. The banner will be printed on both sides to have promotional impact from either direction.
Small Business Improvement Fund (SBIF) Program
SBIF helps make improvements to small business properties in select Chicago neighborhoods.
The program uses tax increment financing (TIF) revenues to help owners of commercial and industrial properties within specific TIF districts to repair or remodel their facilities for their own business or on behalf of tenants.
Description
Program participants can receive matching grants to cover up to half the cost of remodeling work, with a maximum grant amount of $50,000. The grant does not have to be repaid.
Objective
To help local industrial companies expand and create employment opportunities for
Qualifications and Restrictions
Expenses eligible for a SBI grant include:
- New windows, floors or roof
- Sign removal and replacement
- Tuck pointing
- New heating, ventilation and air conditioning
- Improvements to accommodate disabled patrons or workers
- Purchase of adjacent property for building expansion or parking
SBIF grants are provided to property owners after remodeling work is completed and all expenses are paid. Residential property, residential components of mixed-use buildings, and property leased to fat-food chains and certain other businesses are not eligible for the program. Vacant business property is eligible, but grants are not paid until the space is occupied by a business tenant.
Applications are selected by lottery and processed by SomerCor 504 Inc., a federally certified Small Business Administration lender.
If you own a business property within the Lawrence/Pulaski TIF district and want to know if you are eligible to participate in the SBIF program, call SomerCor at (312) 360-3163 or the Pulaski Elston Business Association at (773) 545-0941.







