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.

Boko Haram     Ganmo     Shuaibu Yaman Abdullahi     Hamza Usman     Ridwan Agboola     Abdulmumini AbdulRazaq     Abdulkareem Alabi     Emir Of Lafiagi     KWSIEC     Olabode Towoju     Ope Saraki     Senate President     Bello Oyebanji     Majlis For Sadakah, Zakat And Waqf     Olaosebikan     Eruku     Olatunji Abdulmumeen     Edret Sabi Abel     Egbewole     Adolescent Girls Initiative For Learning And Empowerment     Donatus Ejidike     Umar Gunu     Jimoh Lambe Abdulkareem     Niyi Ogundiran     ER-KANG Mining     Kayode Ishola     Olatunji Bamgbola     Omar Gambari     Bola Ahmed Tinubu     Sarah Alade     LAK Jimoh     Yashikira     Agbarigidoma     NIPR     Oke-Ogun     Abdulmajeed Abdullahi     Shehu Raheem Adaramaja     Yinka Aluko     Shero     Aisha Ahman-Pategi     Bursary     Saidu Yaro Musa     Oluwatoyin Lukman     Oba David Oyerinola Adedunmoye     Ahmed Shuaib Buranga     Segun Ogunsola     Omoniyi M. Ayinla     Olokoba Abdullahi Ayinla     Twitter     Sheriff Shagaya     Colleges Of Education Academic Staff Union     Muhammed Aliyu     Durosinlohun Kawu     Okin Group     IHS     John Olobayo     Mahmud Ajeigbe     Okin Biscuits     Lawal Jimoh     Yahaya Muhammad     Code Of Conduct     Ndama Al-hassan     LEAH Charity Foundation     Tuesday Assayomo     Ganiyu Abolarin     Ayo Salami     Aishat Sulu-Gambari     Oke-Ero     Amos Justus Sayo     Radio SBS     Abdulkadir Bolakale Sakariyah     Umar Yakubu Jaja     Idofin     Olabanji Orilonishe     Tunji Folami     Sobi Hill     Ibrahim Taiwo    

Cloud Tag: What's trending

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

Yahaya A Paniyaro     Mutawalle     Haliru Yahaya     Isiaka Oniwa     Umar Sanda Yusuf     Kehinde Baale     David Oyedepo     Federal College Of Education (Special), Afon     Biliaminu Aliu     Rebecca Bake     Saba Jibril     Isa Aremu     Pakata     Share/Tsaragi     Sheikh Hamzat Yusuf Ariyibi     Buari Edun     Salihu S. Yaru     Oyawoye     Olabanji Orilonishe     Elelu     Raji AbdulRasaq     Popo-Igbonna     Razaq Atunwa     Raliat Elelu-Habeeb     Baboko     Folajimi Aleshinloye     Kwara Hotel     Akanji     Egbewole     Rasaq Jimoh     NURTW     Monsurat Omotosho     International Public Sector Accounting Standards     Bamikole Omishore     Muhammad Ghali Alaaya     NYSC     Ejidongari     Kale Bayero     Suleiman Ajadi     Omupo     Abubakar Ndakene     Iyabo Adisa Ibiyeye     Sheriff Shagaya     Chartered Institute Of Personnel Management Of Nigeria     Sunday Fagbemi     NIPOGA     Ilorin Likeminds Foundation     Bola Iyabo Ibiyeye Adisa     Abdullahi Imam Abdullahi     Surajudeen Akanbi     Fulani     Veterinary Teaching Hospital     Muslim Media Watch Group Of Nigeria     Amuda Aluko     Ilorin International Airport     Jimoh Lambe Abdulkareem     VADA     Bola Olukoju     Hassan Taiye Salam     Ahman Pategi     Lola Olabayo     Hamidu Olowo     Agor Market     Yusuf Ibitokun Sherifat     Simeon Ajibola     AbdulKareem Yusuf Danhawa     Bello Abubakar     Aliyu Muhammed     Ishaq Oloyede     Mahmud Ajeigbe     Erubu Oba Zubair     Pategi     Abdulganiyu AbdulAzeez     Facebook     Titus Suberu-Ajibola     Sarkin Malamai     Quareeb Islamic Association