AGP Executive Report
Last update: 11 hours agoInsurance Costs: Australia’s cyclone reinsurance pool has helped cut small-business premiums by about 31% in high-risk areas, but many firms still face affordability and coverage gaps. Solo Business Owners: South Korea is considering closure benefits for self-employed people who need time off for illness or family responsibilities; 74% of the country’s self-employed have no employees. Business Support: Nambour firms facing downtown construction can access free mentoring, short courses and help finding government procurement opportunities. Innovation Funding: Central Washington University’s new SBA-backed program gives local small businesses support to compete for research funding, including access to a national pool exceeding $4.3 billion. Regional Growth: A NSW grant is helping Sun Valley upgrade its factory, cut energy costs and expand production sixfold, with up to 45 local jobs expected. Women Entrepreneurs: Tony Elumelu says his foundation has provided $120 million in seed funding to more than 24,600 African entrepreneurs, with women making up 48% of recipients.
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