AGP Executive Report
Last update: 7 hours agoDisaster Relief for SMBs: The SBA is opening Business Recovery Centers in Wisconsin (Marathon, Milwaukee, Outagamie) to help storm-impacted businesses and nonprofits apply for low-interest disaster loans, with walk-ins and scheduled appointments. Disaster Loans Expanded: Illinois also got SBA disaster declarations for June storm and tornado impacts, covering multiple counties and offering physical damage loans (up to $2M for businesses) plus Economic Injury Disaster Loans. State Procurement Overhaul: Indiana ended race- and sex-based contracting preferences after the AG ruled key parts of its Diversity Business Enterprises program unconstitutional, directing a shift to merit-based procurement. Cash-Handling Clarity for Small Retailers: The Common Cents Act cleared the House, aiming to standardize cash rounding rules for the penny phase-out and create “safe harbor” protections for small businesses. Innovation & Research Funding: Oregon’s semiconductor push got a major boost as an NSF Regional Innovation Engine award could provide up to $160M over 10 years to grow the FAST consortium. Local Business Spotlight: Iowa Sen. Joni Ernst named multiple “Small Business of the Week” winners, highlighting community-rooted operators like ShinyTop Brewing, Corner Market & Greenhouse, and Mid-States Companies.
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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