Business Resources
The Springfield Business Improvement District (SBID) aims to be a resource for business owners, both those contemplating opening a business in Downtown Springfield and those who currently reside in our amazing urban center. These are just a few of the services and a snapshot of the information we have available – we want to help you open a business in Springfield MA! If you do not see an answer to your question please feel free to contact us here.
You are not alone when you start or operate a business, of any size, in the City of Springfield. Through the City of Springfield there are many resources, to find out more click here or for specific options see below.
- HUD 108 – Downtown Dining District Fund
- Springfield Historic Preservation Trust Fund
- DevelopSpringfield
- 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:
Private Capital:
- 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
The BID gets asked many questions such as permitting, park use, pothole repair, and more. For some answers to frequently asked questions click here.
The Springfield Business Improvement District (SBID) aims to be a resource for business owners, both those contemplating opening a business in Downtown Springfield and those who currently reside in our amazing urban center. These are just a few of the services and a snapshot of the information we have available – we want to help you open a business in Springfield MA! If you do not see an answer to your question please feel free to contact us here.
