Progressive F.O.R.C.E. Concepts has an interesting bag for discreet conceal carry. It is a simple design that tried to avoid the common pitfalls of other concealed carry bags available. The BOBB provides rapid access to the firearm and can provide some level of ballistic protection.

The bag is available in green and navy blue.

The bag is small and rather discrete. There is a bit of room for a few accessories in the main compartment. The only issue I have is the price. $350. That may include the Level III armor if so then the price is actually reasonable. If the price is for just for the bag and a kydex holster, that is a bit much.
I could not find information on their website if the armor is included with the price.