3,000 Kwara SMEs to Get Post-COVID-19 Relief Grants

Date: 2022-06-27

About 3,000 Small Scale Business Enterprises(SMEs) owners in Kwara State have been selected to benefit from the first batch of operational cost grants under the Kwara COVID-19 Action Recovery and Economic Stimulus (CARES) Programme.

The programme, a World Bank initiative to be underwritten by the state government, is designed to cushion the effects of COVID-19, improve the state of MSMEs to boost the local economy, and increase the employment rate in Kwara State.

The Operational Team Lead of the Kwara COVID-19 Action Recovery and Economic Stimulus (CARES) Programme, Mr. Jaiye Jegede, stated this in Ilorin in a statement yesterday.

He said: “4,225 successful applicants underwent the vetting process for disbursement linked indicator, DLI 3.2.

At the end of the vetting process, over 3,000 successful applicants are currently being contacted for enumeration by agents from the Bank of Industry”.

Jegede announced that over 20,000 applicants from across all 16 local governments had applied through a hybrid of online and offline registration processes at the Ministry of Business, Innovation and Technology and the Kwara state Social Investment Programmes office.

“Following the registration, which was open to all small business owners in Kwara state, over 4,000 successful applicants for the operational cost grants (also known as disbursement linked indicator 3.2) were contacted by the Bank of Industry (BoI), who are the implementing partners to fill a vetting form requesting for further information on their businesses,” he added.

The statement explained that the programme would kick off disbursement with the operational cost grants also known as DLI 3.2, followed by the Credit grant and IT enhancement grant.

“The programme is focused on improving the employment rate and ease of running businesses in the state,” it added.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ibrahim Oloriegbe     John Dara     Sadiq Umar     Solomon Edojah     Babajide Ajayi     Mohammed Haruna     Baba Adini Of Kwara State     Muhammed Aliyu     Tafida Of Ilorin     Doyin Awoyale     Seni Saraki     Tanke     Ayekale     Jeunkunu-Malete-Bani     Popo-Igbonna     Isiaka Gold     Lola Olabayo     General Hospital, Ilorin     Onikijipa     Shehu Alimi Foundation     Awodun     Adamu B. Yaqubu     Fareedah Dankaka     Kwara North     Aishat Mohammed Lawal     Durosinlohun Atiku     Abdulkareem Alabi     SWAN     Ahmad Belgore     Adam Abdullahi Al-Ilory     Kwara NIPR     Sarah Jubril     Yeketi     Lanre Issa-Onilu     Aisha Ahman Pategi     New Model Police Station     Muideen Olaniyi Alalade     Maigida Soludero Transit     Kisra     NIRSAL     Sabitiyu Grillo     GRA     Gbenga Awoyale     Elerinjare     Fatai Adeniyi Garba     Government High School (GHS), Adeta     Ajeigbe     Societe Generale Bank Of Nigeria     Yusuf Olaolu Ali     Yusuf Mubarak     Laolu Saraki     Adesoye     Kazeem Oladepo     Share/Tsaragi     Kwara Liberation Group     Abdulmutalib Shittu     Gurei     Offa Poly     Ile Arugbo     Michael Ologundea     Kwara State Sports Commission     HICA     College Of Health     Yusuf AbdulRasheed     Lawal Olohungbebe     Abdulrahman Abdulrasak     M.Y. Abdulrahaman     Saheed Popoola     Lawyers Unite Against Corruption     Alumni Association Of The Federal Polytechnic Offa     Awwal Jawondo     Ahmed     Muhammad Ghali Alaaya     Mufutau Olatinwo     Alaro     Raymond Olaitan     CT Ayeni    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Alimi Abdulrazaq     Ekiti     Saad Omo Iya     Gbenga Olawepo     Ilorin Descendants Progressive Union     Ijagbo     Kwara Volleyball Association     Albert Ogunsola     Wasiu Odewale     Senior Special Assistant On Student Affairs     Gafaru Olayiwola Olorisade     Afolabi-Oshatimehin     Ophthalmological Society Of Nigeria     SSA Youth Engagement     Senate President     Fatimah Abdulkadir     Babaloja-General     Adedayo Yusuf Abdulkareem     Abdulrahman Abdulrazaq     Opobiyi     George Funsho Adebayo     Amosa     Lafia Aliyu Korasabi     Prince Sunday Fagbemi     LEAH Charity Foundation     Dankaka     Mohammed Khadijat Kubura     JAAC     Solomon Edojah     Olusin Of Ijara Isin     Abdulkadir Akanbi-Oke     Www.Kwarareports.com     Economic And Financial Crimes Commission     Olaosebikan     Imam Gambari     AbdulGaniyu Kareem     Kwara Pdp     Mustapha AbdulGaniyu     Oke-Kura     Abdulfatai Baakini     Chief Imam Of Omu-Aran     Sola Saraki University     Oke-Oyi     Florence Saraki     Abdulquawiy Olododo     Abdulhakeem Amao     Zaratu Umar     Ahman Pategi University     Mohammed Danjuma     Egbejila     Pakata     Oluwatoyin Lukman     TIC     Mahfouz Adedimeji     Olateju Lukman     Olaoye B. Felix     Ilesha-Gwanara     Wasiu Onidugbe     Sarah Jubril     Ibrahim Orire     Madawaki Of Ilorin     Democracy Day     Nigeria Association Of Women Journalists     Elese Of Igbaja     Aminat Ahmed     Ilorin.Info     UITH     Alaaya     Owode Market     Federal Polytechnic Offa     Kayode Oyin-Zubair     Kale Kawu     Ilorin Central Mosque     Omotoso     Simeon Sayomi     Bankole Omisore     Woro