AGP Executive Report
Last update: 9 hours agoDowntown Investment: Virginia awarded $615,000 in Main Street grants for 22 revitalization projects, expected to draw more than $230,000 in additional local funding. Costs and Growth: Rising expenses are squeezing local firms, while small-business growth forecasts are at their weakest for a full year since 2020. Australia has delayed a planned card-surcharge ban after businesses warned the costs would not disappear. Funding and Rules: India approved a ₹10,000-crore SME Growth Fund. In California, new rules extend licensing requirements to small-business finance providers, including factoring companies, and make unlicensed financing agreements unenforceable. More Support: North Carolina is offering $2 million in grants to innovative small businesses, while Michigan’s CDFI coalition secured a $10 million loan pool for small firms, housing and community spaces.
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