Normally not.
You can, but in this sentence "сейчас" means "nowadays" or "in this period of my life" rather than "right now".Can I say "Я сейчас могу предлагать интересные идеи." ?
The second sentence is preferable. The first will need further explanations.Suppose both sentences are used in reply to Кто может предложить свои идеи?
Imperfective verbs can describe either multiple actions (iterative) or the very process of doing something (progressive), while perfective verbs are used for one-time accomplished actions.