AGP Executive Report
Last update: 5 hours agoSME Export Growth: Malaysia’s MBSB and Halal Development Corporation are using MIDF’s RM100 million GLOMAX accelerator to help export-ready businesses find overseas buyers, build partnerships and prepare for international expansion. Startup Funding: AI firm Shamrock AI raised $5 million in seed funding to develop its product and grow its team, highlighting continued investor interest in early-stage technology businesses. Cybersecurity: Proofpoint is adding Microsoft 365 security tools for small and midsize businesses and their service providers, including better visibility into data-sharing risks and security support for AI adoption. Small-Business Finance: Coastal Community Bank pledged $5 million to support small-business growth, while Nigeria’s Sterling Bank and Cascador launched a $200 million credit backstop aimed at easing financing barriers for SMEs. Entrepreneurship: West Coast Wildflowers founder Alissa Assu won Young Entrepreneur of the Year at B.C.’s Indigenous Business Awards after growing her Campbell River gift shop into a group of businesses.
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