Small Business Improvement Grant (SBIG)
The Small Business Improvement Grant (SBIG) is a program administered by Invest Atlanta. It provides financial assistance to small businesses for improvements to their storefronts, facades, and interiors. This grant aims to help revitalize commercial areas, enhance the local business environment, and support the growth of small businesses.
Grant Deadline
Deadline not available
Funding Amount
Deadline not available
Type of Grant
Grant
Sectors
Arts & Culture, Hospitality, All Sectors, Community, Restaurant
Demographics
Incorporation
For Profit, Non Profit
Perks
Region Restriction
This grant is restricted to whole of United States
Keywords
rental, retail
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
- Project must be less than 15,000 square feet.
- A minimum of 50% of funds must be used for exterior improvements.
- All exterior improvements must be visible from the public right-of-way.
- Eligible exterior improvements include: painting, lighting, windows, doors, framing, signage, canopies, awnings, gates, fencing, landscaping, building surface repairs, ground surface upgrades.
- Interior improvements should significantly enhance the customer and employee experience.
- Eligible interior improvements include: flooring, walls, ceilings, HVAC, water heaters, plumbing, electrical, and structural repairs to walls, floors, stairs, and interior doors.
- Certain soft costs, such as architectural and planning services, are eligible but shall not exceed 10% of grant amount.
- Awardees must provide a match equal to at least 20% of the grant award and demonstrate the project as proposed would not happen without the TAD grant assistance.
EXCLUSIONS
- New construction
- Properties owned or occupied by a government or public agency
- Properties used for residential purposes
- Churches and religious institution facilities (commercial buildings owned by churches or religious institutions are eligible)
- Operations, inventory, and other soft costs
Development Incentives Application
How to Apply
1. Register in Neighborly - Neighborly Portal
When you access the Portal for the first time, you’ll need to Register your account by clicking on the Register link. The registration process will create a username (which is your email address) and password that will be used for future logins. The email address you choose will also be used for system emails/notifications, so it is recommended to use your primary email address. For security purposes, the system will validate that you own the registered email address by sending an email with a validation link.
2. Complete & Submit Preliminary Questionnaire
After logging into Neighborly, select ‘Development Incentives Application’ and complete the preliminary questionnaire. Upon receiving a completed questionnaire, Invest Atlanta project managers will review and contact you with additional questions. If the project is determined to be eligible for a funding program, you will be granted access to the development incentives application.
3. Complete & Submit a Development Incentives Application
Upon receipt of an application, Invest Atlanta staff will review the application for content and completeness. After a fully complete application has been reviewed for consistency with Invest Atlanta and programmatic goals, staff will analyze and evaluate the project. The project manager will contact you with any additional questions and to provide a timeline overview.
The Small Business Improvement Grant (SBIG) typically operates on a rolling basis, meaning applications are accepted continuously until the allocated funds are exhausted. However, specific deadlines or funding cycles can vary depending on the fiscal year or changes in program guidelines.
Grant Application website
https://www.investatlanta.com/businesses/small-businesses/small-business-improvement-grants
Contact
133 Peachtree St. NE, Suite 2900, Atlanta, GA 30303