AGP Executive Report
Last update: 9 hours agoSemiconductors Push: India’s Union Cabinet approved Semicon 2.0 with INR 1,27,500 crore to build a full chip ecosystem, from design IP and advanced packaging to fabs, equipment, materials and talent—aimed at turning more startups into suppliers and manufacturers. SME Lending: Funding Circle reported strong H1 2026 results, saying more small businesses accessed term loans and its FlexiPay/Card products as demand held up. Cross-Border Payments: iFAST Global Bank expanded Worldwide Scan & Pay to China via Alipay+, adding a limited-time 1% cashback for QR cross-border payments. AI for Small Business: UK manufacturing SME Bradbury Tracks was invited to Downing Street to help shape AI adoption guidance for SMEs, highlighting practical AI use to cut repetitive work. Space Capital Boom: A Seraphim report says space startup investment is near record highs after SpaceX’s IPO, pulling in non-traditional investors and boosting funding for satellites and defense tech. EV Energy Reality Check: An interview argues India’s EV bottleneck is shifting from chargers to energy accessibility—especially for commercial users and small businesses with unreliable grid access. Health R&D Milestone: FDA Fast Track was granted to 4TEEN4’s invobenitug for cardiogenic shock, a potential boost for biotech development timelines.
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