AGP Executive Report
Last update: 7 hours agoSBA Disaster Help: The SBA opened a temporary Disaster Loan Outreach Center in Slidell (St. Tammany Parish) for Tropical Storm Arthur, with walk-ins and help applying for low-interest disaster loans through July 31. Local Recovery Funding: North Carolina Gov. Josh Stein and DEQ announced more than $1B awarded for Hurricane Helene water infrastructure and resilience in western NC, with 98% of damaged systems restored but $758M in unmet needs. Small-Business Jobs: A Federal Reserve Bank of Boston report finds New England small businesses are driving job growth faster than the rest of the country, with small firms responsible for nearly 90% of net job creation (2020-2023). SBA Contracting Prep: SBA’s Mid-Atlantic Region is launching a no-cost Matchmaker Prep Series (starting July 30) to help small businesses prepare for competitive contracting. Insurance Watch: A roundup highlights common small business insurance mistakes—like buying only legal minimum coverage or choosing the wrong deductible—that can leave owners exposed when claims hit. Tech & Markets: IBM shares plunged after investors reacted to slower adaptation to AI-driven customer spending, a reminder for SMBs to keep tech plans flexible. Policy Fight: California’s antitrust expansion proposal would let more people and businesses sue over tactics that squeeze competitors, setting up a major fight between trial lawyers and big business/tech.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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