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.

Medinat Folorunsho Salman     Lukman Adeloyin     Farouk Salim     Abdulwahab Ololele     Ella Supreme Tissue Paper     Gbugbu International Market     Ibrahim Abduquadri Abikan     Musa Alhassan Buge     Oba Mogaji Abdulkadir     Moshood Mustapha     John Kehinde Salako     Abdulahi Abubakar Bata     Olayinka Oladapo Jogunola     Yusuf Abdulwahab     Oniye     Chief Imam Of Lafiagi     The Herald     Dapo Teni Nig Enterprise     Ganiyu Abolarin     Sanitation Exercise     Women For Change And Development Initiative     Towoju     Logun     Adegoke Bamidele     Lotus Bank     Olaosebikan     Senate Presidency     Hausa     Agboola Abdulraheem     Forgo Battery     Communication Network Support Services     Kola Adesina     Albert Ogunsola     Igosun     Simeon Sule Ajibola     Aremu Odolaye     Suleiman Yahya Alapansapa     Lithium     Ebun-Olu Adegboruwa     Yakubu Mohammed Abdullahi     Ileloke     Ahmed Shuaib Buranga     Abiodun Abdulkareem     Okin Malt     Yemi Osinbajo     IsDB     Oyelere Oyinloye     Babatunde Idiagbon     Toyin Abdullahi     Doyin Agbamu     Wakilin Mata Lafiagi     Abdulganiy Abimbola Abdussalam     Kayode Issa     Federal Road Maintenance Agency     Ijagbo     Abraysports FC     Oyeyemi Olasumbo Florence     Veterinary Teaching Hospital     Adesoye     Saad Belgore     Adamu Atta     Abubakar Olusola Saraki     Adewuyi Funmilayo     Ridwan Agboola     Abdulkadir Remi Hawawu     Olabode Towoju     Danladi     Smart School     Modibbo Kawu     Amuda Bembe     Yaru     Iponrin     Shettima     Yakubu Gobir     Vasolar     Universal Basic Education Commission     Hussein Oloyede    

Cloud Tag: What's trending

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

John Obuh     Offa Descendants Union     Tayo Awodiji     Odolaye Aremu     Sadiq Umar     Ilorin Anchor Men And Women     Funmilayo Isiaka Oniwa     Jimoh Bashir     Sa\'ad Alanamu     Abdulraufu Mustapha     Kunbi Titiloye     Suwa-Arabs     Alabi Lawal     Abiodun Abdulkareem     National Democratic Congress     Kwara North     Salihu Ajia     Ilorin Central Mosque     Ilorin Descendants Progressive Union     Abdulrasheed Akogun     FERMA     Olupako     Kuliyan Geri     Raji Ayodele Kamaldeen     Special Adviser On Digital Innovation     Ndakene     ENetSuD     Bankole Omishore     Yinka Aluko     Olokoba Abdullahi Ayinla     Towobola Abdulrahman Toyin     Edret Sabi Abel     Oba Abdulkadir La\'aro     Kwasu     Suleman Abubakar     Obuh     Patience Jonathan     Abdulahi Abubakar Bata     Tafida Of Kaiama     Gani Saadu     Mohammed Tunde-Jimoh     Oluwarotimi Boluwatife Adenike     General Hospital, Offa     Wole Oke     Bello Bature     CELF     Deji Ajani     Allocation     Elese Of Igbaja     ASKOMP     Kawu     Ilorin Muslim Community     Joseph Offorjama     Saheed Alakoso     Abdulrasheed Na\'Allah     Junior Secondary School Certificate Examinations     Ibrahim Kayode Adeyemi     Amuda Aluko     Olusola Saraki     Innocent Okoye     Rapheal Ashaolu     ER-KANG Mining     Rihanat Ajia     NFAI     Bayer Nigeria Limited     Tinubu Legacy Forum     Ophthalmological Society Of Nigeria     Sebastine Obasi     Abdulrahman Abdulrazak     Abdulrahman Abdulrasaq     Medinat Folorunsho Salman     Olatunde Oyeyiola     Al-Hikmah University     Abdulmumini Jawondo     Dorcas Afeniforo     JMK Construction Company Limited     GRA