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Illinois(City of Chicago) – Small Business Improvement Fund

Incentive Type  Local Grant Program
Eligible Technologies  Solar Water Heat, Photovoltaics
Applicable Sectors  Commercial, Industrial, Tenant of commercial/industrial
Incentive Amount  25%, 50%, or 75% of the costs, depending on size of the applicant
Maximum Incentive Industrial property: $150,000
Single owner/tenant commercial property or landlord: $100,000
Multi-tenant building: $250,000 per property, $50,000 per tenant/landlord
Eligible System Size(s) None Listed
Equipment Standards None Listed
Installation Standards Must be located in a Tax Increment Financing District (TIF)
Start Date  None Listed

More Information Contact:

Derek Walvoord
SomerCor 504 Inc.
601 South LaSalle
Suite 510
Chicago, IL 60605
Phone: (312) 360-3300
E-Mail: dwalvoord@somercor.com
Web Site: http://www.somercor.com/index.php

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