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What Web 3.0 Means for Small Businesses

As we enter the era of Web 3.0, small businesses have the opportunity to thrive in the digital economy like never before. New technologies such as blockchain, artificial intelligence, and machine learning are allowing businesses to increase their efficiency, reduce costs, and better serve their customers. According to AllBusiness.com, Web 3.0 is ushering in a new era of digital transformation for small businesses, providing them with the tools they need to succeed in the digital age.

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Biden's Executive Order on Federal Research and Development

President Biden's new Executive Order, "Federal Research and Development in Support of Domestic Manufacturing and United States Jobs" is well-intended but fails to address a fundamental problem: the patent system is broken. The Executive Order requires agencies to ensure that new research utilizing Federal research dollars be manufactured in the United States, but it fails to address the patent system that has been in place for the past 20 years. According to Robert N. Schmidt, author of the article on IPWatchdog, if the Biden administration wants to get the benefits of "Made in the USA" for all its taxpayer-funded research, it needs to return to the patent system in place 20 years ago.

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Innovate Alabama Awards Millions to Small Businesses

Innovate Alabama awarded more than $2.1 million to 15 small businesses Wednesday in its third round of supplemental grants. According to CEO Cynthia Crutchfield, the program is designed to "boost Alabama small businesses through the Supplemental Grant Program" and "make the difference in these small businesses bringing their research to market." Entrepreneurs who have received Phase I or Phase II SBIR or STTR grants received up to $150,000 in grant funding. 

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Adpost Unveils Innovative AI Chatbot Update

Adpost, a small business customer service provider, recently announced an update to their platform that includes an AI chatbot to help with unstructured data analysis. This update is designed to help small businesses better understand customer needs and provide more efficient customer service. According to EIN Presswire, the AI chatbot will be able to analyze customer data and provide insights that can help small businesses improve their customer service. Additionally, Adpost has also released a new pricing structure and distribution services to help small businesses get their message out to the public.

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Flexibility Capital Paves the Way for Small Business Financing Advancements

EIN Presswire recently reported on the advancements in small business financing that are being made possible by the increased availability of flexibility capital. Flexibility capital allows small businesses to access funds quickly and without the need for collateral. This type of financing is becoming increasingly popular as it provides businesses with the ability to access the capital they need without having to worry about the risks associated with traditional financing. The article also discussed the various ways in which flexibility capital can be used to help small businesses grow and succeed.

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Verizon Small Business Days Returns with Promotions and Workshops

Verizon has announced the return of its Small Business Days, a program that offers tech check-ups, promotions, and new small business workshops. According to Yahoo Finance, the program is designed to help small businesses get the most out of their technology and services. The program includes a variety of workshops and tech check-ups, as well as discounts on select products and services. Verizon is also offering a free tech check-up for small businesses that sign up for the program. 

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Petal & Bloom Tech Revolutionizes Small Business Websites

EIN Presswire recently reported on the revolutionary new marketing technology from Petal & Bloom that is transforming the way small businesses create and manage their websites. The new technology allows businesses to quickly and easily create a website that is tailored to their individual needs and goals. It also provides businesses with the tools they need to track and analyze their website's performance, allowing them to make informed decisions about their online presence. The technology is already being used by hundreds of businesses around the world and is quickly becoming the go-to choice for small business website creation and management.

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Michael C. Fillios on SMBs and Future-Proofing with Tech Equity

Michael C. Fillios, founder and CEO of IT Ally, advises SMBs about the imperative of not just owning and maintaining technology but finding innovative ways to use it to create value and sustain the business into the future. He has authored two books, Tech Debt 2.0®: How to Future Proof Your Small Business and Improve Your Tech Bottom Line, and his new book, Tech Equity, How to Future Ready Your Small Business and Outperform Your Competition. In an interview with Grit Daily, Fillios explains that Tech Equity is an investment in technology designed to future-ready businesses, allowing them to remain competitive and resilient in the face of economic and other challenges.

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A New Agency to Regulate Tech Would Create, Not Solve, Problems

According to the U.S. Chamber of Commerce, creating a new agency to regulate tech would create more problems than it would solve. The Chamber argues that such an agency would be costly and inefficient, and that it would be difficult to find qualified personnel to staff it. In addition, the Chamber believes that the current regulatory framework is sufficient to address the issues associated with tech regulation. 

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Bipartisan Legislation to Help Small Businesses Adopt Digital Tools

U.S. Senators Todd Young (R-Ind.), Jacky Rosen (D-Nev.), Ted Budd (R-N.C.), and Jeanne Shaheen (D-N.H.) introduced bipartisan legislation to help small business owners integrate digital tools into their businesses. The Small Business Technological Advancement Act would clarify that small businesses can utilize the Small Business Administration’s (SBA) 7(a) loan program to finance technology that supports daily operations, including inventory management, product delivery, and accounting systems. The bill is meant to mitigate the economic barriers associated with the adoption of digital tools by small businesses.

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