Business Resources

The three goals of the Architectural Lighting Program are:

• To highlight historical architecture within Springfield’s downtown metro area.
• To provide a corridor of light for night time visitors to the downtown area.
• To provide a level of comfort to visitors, increasing foot traffic and therefore economic growth.

For the first year of this program, the SBID is proud to sponsor buildings at 75% of the cost of all lighting and installation. This is a limited time offer which will not be guaranteed in future fiscal years, as funding changes budget to budget. Please click here for an application for lighting.

Springfield Parking Authority

Propark America

Tower Square

Monarch Place

Valet Park of America

Valet Park of America Monthly Opportunities

Meter parking – Parking meters are operated in the parking meter zones established every day between the hours of 8:00 a.m. and 6:00 p.m., unless otherwise specified by the City Council and indicated on such meters.  Such parking meters shall not be operated on Sundays or during the hours of legal holidays during which certain retail stores are required by law to remain closed.  

• HUD 108 – Downtown Dining District Fund
• Springfield Historic Preservation Trust Fund
• DevelopSpringfield
• DevelopSpringfield’s State & Main Street Storefront Program – The Corridor Storefront Improvement Program (CSIP)
• The Emerging Technology Technical Assistance Grant Program from The Office of Planning and Economic Development (OPED)
• Small business loans from The City of Springfield
• A small business storefront grant program from the Community Development Block Grant (CDBG) program

Funding  Sources include:

• Common Capital
• Companies (SBIC) of Massachusetts
• Massachusetts Growth Capital Corporation (MGCC)

Private Capital:

• Accion USA
• Capital Investors
• Longmeadow Capital Partners
• The River Valley Investors (RVI)
• Meadowbrook Lane Capital

• The Business Incubator at the Scibelli Enterprise Center (SEC)
• The Massachusetts Latino Chamber of Commerce (MLCC)
• Gasoline Alley
• Indian Orchard Mills
• New England Business Associates (NEBA) Business Consulting Center

• Valley Venture Mentors
• SCORE
• The Massachusetts Small Business Development Center (MSBDC) – Western Regional Office
• The Western New England College Law and Business Center for Advancing Entrepreneurship

• Office of Planning & Economic Development for City of Springfield
• Economic Development Council (EDC) of Western MA
• The State Office of Minority and Women Business Assistance (SOMWBA)
• The Small Business Administration (SBA)
• The Workforce Training Fund (WTFP)
• The Massachusetts Community Development Finance Corporation 
• MassDevelopment
• Employment Incentive Pilot Program: Serving individuals with Disabilities

• Safety Grant-Department of Industrial Accidents