AGP Executive Report
Last update: 4 hours agoDisaster Relief for SMBs: The SBA is offering low-interest Economic Injury Disaster Loans for Maryland businesses hit by frost and freeze, with rates as low as 4% (and 3.625% for private nonprofits) and up to $2 million in support. Recovery Support: A Disaster Recovery Center opened in Avoyelles Parish, Louisiana, with FEMA and SBA staff on-site to help businesses apply for federal aid after Tropical Storm Arthur. SME Credit Boost (India): India’s ECLGS 5.0 has crossed 4.11 lakh guarantees worth ₹1.55 lakh crore, with MSMEs getting 98% of guarantees by number. SME Policy Pressure (UK): MPs say the government’s response to small-business pressures is “inadequate,” calling for urgent new plans beyond existing schemes. SMB Finance Innovation: MCC Banking launched a 100% digital microcredit service promising applications in under 10 minutes and automated approval in under 48 hours. Brand Wins for Small Firms: Kona Wedding Officiant® secured federal trademark registration on the USPTO Principal Register after overcoming a geographic descriptiveness refusal. Cyber + Equipment Insurance (UK): Kovrilo expanded its SME insurance offering with cyber cover and electrical breakdown protection, plus upgrades to plant, machinery and tools coverage.
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