What is the maximum grant amount allowed under the Small Business Improvement Fund (SBIF)?
The SBIF Program provides grants in the form of reimbursement that are 25-75% of the total eligible project costs, not to exceed $150,000 per applicant, with the opportunity to reapply after one year. For instance, if you do $30,000 worth of roofing work and you are at the %50 rebate level, you will be reimbursed $15,000 for this project.
