AGP Executive Report
Last update: 10 hours agoSME Grants: Sabah plans to extend its SME-UP grant to service businesses next year, opening support to tourism, healthcare, legal and retail firms as well as manufacturers. Digital Sales: A 72-hour TikTok Shop event in Malaysia helped 10 to 12 small traders generate up to RM36,000 in sales, showcasing live commerce as a route to new customers. Access to Finance: Digital payment records can help South African small businesses demonstrate trading activity, but they may not prove a firm can fulfil a large order—leaving many still short of growth capital. Growth Funding: Nigeria’s iDICE programme is offering eligible technology and creative businesses loans of ₦10 million to ₦1 billion from a $45 million fund, at interest rates of up to 10% a year. Tax Policy: Five Australian business groups warn proposed discretionary trust tax changes could hit around 350,000 small family businesses, including builders, retailers and hospitality operators.
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